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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: David Sirk who wrote (682)7/11/1999 1:41:00 PM
From: ISOMAN  Respond to of 1438
 
While you're at it, why don't you get CLVEs' current address and get Nemergut to let you know just where he is registered as a lawyer.

The phone number the San Diego number given in the press releases appears to be a voice mail system extention from a large office.

Woul be helpful to know where that number resides from.



To: David Sirk who wrote (682)7/11/1999 1:42:00 PM
From: Timelord  Read Replies (1) | Respond to of 1438
 
David - You seem to have a schizophrenic personality, are you we talking to multiple posters using one alias? <g>

You offer to get as much information as you can in one post, then take it back and say, gosh, the company is only around for a few months, they're non-reporting, etc., but I've got all this great info. about deals and stuff I can share with you. As I believe we've stated "deals and stuff" and a great "PR" firm do not a company make. Certainly not one to blindly sink hard earned dollars into. I might as well take my money and flush it down the toilet, at least then I'd know where it went.

If the management of the company is willing to "leak" rumors of impending deals and upcoming contracts to you, a responsible, legitimate company with a vision and a solid business plan should be willing to share some basic financial data.

By the way, crap like this does not help your cause in the least, so let's stop "using our instincts" and stick with facts and common sense:

So you won't mind since we are playing guessing games here that I might suggest
the Stephen Nemergut is well connected savvy NYC businessman who threw
freinds in the ENTERTAINMENT BUSINESS was brought on to expand CLVE
into ot only marketing classic movies but to link these movies to a POINT of SALE
directly to the Internet. And while they are at it they were aware of many small
interntet companies that would love to become public but can not. So Steve was
able to do some negotiating for financing under FAVORABLE terms to start Buying
up MANY profitable internet and Ecomerce businesses and linking them together
with one Portal such as CMOZ. is it possible that CLVE could become the poor
mans CMGI and soon be trading at 10 bucks???

We will see who has better instincts . I'll tell you what? You say this stock will be
trading at .02 by the end of the year i say 10 bucks. We will split the difference.
Lets say 5 bucks.


The "poor mans CMGI", give me a break!!!!

Alex




To: David Sirk who wrote (682)7/11/1999 2:56:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 1438
 
Dave, I have help put together few small start up outfits, believe me, when getting money for such start ups, I have to be ready with many more answers, than the six I suggested you start with. Current share count should be a problem to disclose? Size of debenture should be a problem to disclose? Sales projections and long range strategy (typically a one sentence "corporate purpose" statement), what is the maximum negative cash flow expected (which together with how much money is in the bank will already give you how much more cash you need to raise), are all questions that a Pres. should have at his fingertips, whether it has been in operations for five months or plan to get into operations in a year. These questions are not "fair" or "unfair" these are essential minimum. The answers to these questions can also set yard sticks against which to measure a company at management ability to execute in the future.

From the little the company tells us in its press releases we know few things as facts, they have a floorless (we do not know how much and what part of total capitalization that is), and we know that they are on a "buying binge" of very diverse type of businesses. Either the guy is an uncommon genius, or he is going to fall on his face flat. That is what experienced business managers will tell you, of course, if we had more information we might be able to tell more.

You are recommending this investment based on instincts and hope of $10/share, and I oppose your instincts with my "instincts". My instincts are based on having run small companies before, and these "instincts" tell me that lack of focus is a formula for a disaster. Thus I recommend that everyone stays absolutely clear of this company. Since you rely so much on the Pres. character and contacts, it behoove you to thoroughly investigate his background. Can you tell us what companies he has run before this venture?

By the way, do you find anything wrong with the rationale of my recommendation, based on what you and I know to be the only facts?

Zeev