Should add a couple of bucks to your share price for at least a day.
I was thinking in terms of adding the price value a little longer than that <VBG> I bet I get 10 calls a week from "Investor Relations" types... all short term "contracts" all wanting stock as "payment."
I have been in contact with shareholders that are getting concerned about the lack of news and the public perception of the lack of progress. I know everyone is wanting news and the deals to come together and it will happen. I suppose we could release "letter of intent" PRs 3 or 4 times a week, or every time a company calls saying "lets talk." But I am not sure what that would accomplish other than an artificial price. True enough... the lack of news is hard on us all.
Sometimes when you are dealing with companies considering going public
especially the larger ones, they arent desperate, dumb or a bunch of rank novices, they are extremely wary of how all this change will affect their business and their personal life. So when you think you have reached an agreement the phrase "wait a minute what about this" crops up. Which is going on with the long promised press release. A company with seven highly successful individuals each examining every conceivable scenario. Also there are 6 other members on the CVIA board of Directors doing the same thing in order to strike the best deal possible for CVIA and the shareholders... The press releases are ready to go, but am waiting on everyone to get on the same page. All 13 individuals involved CVIA and the other side.
The audits are running very late... I never expected them to run this late, but the reason is the auditors are looking at virtually every penny that came into the company since it went public. On top of the auditors needing 3rd party verification of every element of the audit, well some of our "3rd party verification" are being less than co-operative, considering the past deeds done. This is not your normal audit... this is the type of audit that is done to lay the ground work for asset recovery and this is all I can say about this, other than it has been very time consuming... on top of everything else. The audits are slowing down the Preferred shares... of which the Preferred shares = working capital = purchase of Texas property. Else I can go start taking on debt/mortgage, but this would not add as much value to each common share. So the audits are on top of everyones priority list. I have seen the rough audits and they are like night and day between the past and the present.
IPOSITE seems to be a source of contention, well this too, is being fixed. Once again, the reason will become clear in the near future. But I will take the blame for it not being online yet simply because I have not had the time or the staff to give to IPOSITE... once again this is in the process of being fixed.
A situation has occurred with the Transfer Agent Lori and Myrna left the TA this week, we are in the middle of the Archival distribution. I dont know if this will effect any of that... probably not, but I sure hated seeing this happen considering those two have done such an outstanding job for us, and I trust them.
I still own every share I have ever owned and would like nothing more than to see a dramatic price increase also... just like all the other shareholders.
KAA
CVIA CEO
disclaimer... sometimes it isn't much fun |
