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Microcap & Penny Stocks : The New Corporate Vision Inc. ( CVIA )
CVIA 0.4800.0%Jun 30 5:00 PM EST

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To: K A Anderson who wrote (1487)4/21/1999 2:47:00 PM
From: campe  Read Replies (1) of 3596
 
AAAHHHhhhh, finally, a hint of ArchivalCD's valuation...<g>

Looks like ArchivalCD will have 20M shares authorized or O/S of which CVIA will own 15% (3M shares). Is Archival that big - $40M value??

Since in this case CVIA got 15%, I'd guess that the actual float will be closer to 10% or 2M shares of which CVIA shareholders will have about 70,000 shares issued as dividends.

If I recall, approx 50% will remain with original owners, 25% to CVIA, and 25% into the float.

So, I'm guessing 50% will remain in the treasury, 25% to original owners (DJ Hay & company), 15% CVIA treasury and 10% FLOAT.

How did I do Keith? <g>
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