CLVE It's about to Break it's 52 week high! Message Board

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Microcap & Penny Stocks : CLVE It's about to Break it's 52 week high!

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To: David Sirk who wrote (20)	4/23/1999 7:59:00 PM
From: Mr. Ullom	Read Replies (1) of 166

Just as I posted on the RB site, you are missing the meat of the news release...the bank financing is NOT for CLVE... "The LOI calls for a joint venture between ClassicVision and Gercor to fund and build both a manufacturing plant and a geriatric prison facility. By the terms of the LOI, this project is to be a fifty-fifty partnership between ClassicVision and Gercor unless Gercor is successful in obtaining $100,000,000 in bank financing, currently under review. Should this financing be obtained by Gercor, ClassicVision will be a 25% partner in the joint venture." Gercor is the company applying for the loan, what strikes me as the best part of this is....If Gercor gets the financing...CLVE still gets a 25% stake in the joint venture... This stock looks like it has great potential....the thing I like...its moving up with very little in the way of hype... S

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