* NEWS*
Friday January 29, 9:20 am Eastern Time
Company Press Release
Corporate Vision Inc. Makes Announcement
TULSA, Okla.---(BUSINESS WIRE)--Jan. 29, 1999--Corporate Vision Inc. (OTC CVIA) today issued a statement regarding the status of the ongoing warrant exchange and conversions.
Corporate Vision, experienced an undetected administrative mistake, that denied many existing warrant holders to convert their warrants into common shares in time to participate in the January 22, dividend of ArchivalCD Inc common shares.
Corporate Vision has since corrected this error, and has announced that it will extend the date of record for the Archival Dividend to February 5, 1999. This date only applies to bearers of Corporate Vision Warrants, who may be interested in the warrant exchange and shareholders which may have attempted to redeem their warrants and could not, before the previously declared ex-date which applied to all shareholders.
CVIA President K.A. Anderson issued this statement. ''On Behalf of Corporate Vision and its Board of Directors, I would like to apologize for the delay, this administrative error caused. We have always put our investors first and we feel that it is only proper to allow them the chance to voluntarily participate in our on going success.''
All inquiries and exchanges should be directed to Oxford Transfer and Record Company at 503/225-0375. The Account manager is Myrna. The mailing address is:
Oxford Transfer and Record Company.
Attention Myrna
317 Southwest Alder
Suite 1120
Portland, OR. 97204
Corporate Vision Inc. is a fully reporting company with the SEC. This press release contains forward-looking statements with respect to the results of operations and business of the company that involve risks and uncertainties. Risks and uncertainties of the company are detailed from time to time in the company's filing with the Securities and Exchange Commission. These Securities are speculative, involve a high degree of risk and should not be purchased by investors who cannot afford the loss of their entire investment.
Contact:
Corporate Vision Inc.
K.A. Anderson or Craig Treiber, 918/748-3603
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