The New Corporate Vision Inc. ( CVIA ) Message Board

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Microcap & Penny Stocks : The New Corporate Vision Inc. ( CVIA )

CVIA 0.480

0.0%

Jun 30 5:00 PM EST

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To: DG Cruise who wrote (898)	1/19/1999 2:22:00 PM
From: Art C.	Read Replies (1) of 3596

Welcome back, DG----KAA and some of the others are over on the Raging Bull Board at the moment. I can give you sort of an abbreviated explanation. The warrants and preferred stocks are a dividend to the stockholders that were holding the stock as of a certain record date. They give you option to convert them to common stock at strike price of $3.00. The Jan. 22 date is the ex. date that CVIA will distribute shares of ArchivalCD to the stockholders at the tune of 1 share for every 7 shares of CVIA that you hold. A lot of the guys are trying to get their warrants converted before Jan. 22 for two reasons: 1. the stock price is already above 3 bucks, and 2. They are trying to increase their holding to get more shares of ArchivalCD. Hope I didn't mess your mind up----KAA can explain it a lot better than I can. Art

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