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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: flash who wrote (1928)5/15/1999 3:47:00 PM
From: Mad_Mouse  Read Replies (1) of 3596
 
LMAO!!!! flash, you obviously didn't read to the bottom of KAA's post or you would've realized that you were telling the CEO of CVIA that he was wrong about the warrants of his own company. LOL!!!

A 2.5 to 1 forward split? Here's the math: start with 10 shares, after 2-1 split you have 20 shares, plus 1 P converts to 10 shares which gives you 30 shares. This is 3 to 1. Or you start with 10 shares, add 10 shares from exercising warrants, after 2-1 split you have 40 shares, plus 1 P gives you 10 more shares, for a total of 50 shares. You bought 20 shares and ended with 50 which is 2.5 to 1.

Why should we pay 3 bucks per share? Even a monkey knows that if he pays 3 bucks per share then turns around and sells them for 4 bucks per share, he will make a profit which he can use to buy himself more bananas (unless he owns so few shares that the conversion fee and selling commission is greater than the profit). But you said that you had tons of warrants which means that your cost is less than your profit.

flash, thanks for the laugh!!!
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