To: Matt Brown who wrote (2648 ) 7/29/1999 7:43:00 PM From: Michael Graham Read Replies (1) | Respond to of 5041
Matt, CVIA's second quarter financials are out. CVIA second quarter 10QSB:biz.yahoo.com ------------------------------------------------------------------------------------ Here are some highlights:As of June 30, 1999, the Company had generated net operating loss carry forwards for financial reporting purposes in excess of $4.0 million, and this amount may be available to reduce future federal income taxes. Growth Strategy The Company's strategy is to focus principally on (i) expanding the range of ancillary and other diversified services and manufacturing companies, (ii) providing these companies access to equity capital by preparing these companies for public offerings (iii) retaining minority stock ownership in these companies after the public stock offerings, (iiii) continued guidance and corporate assistance and support for these companies. To date the Company has not generated any revenues, but is anticipating earnings of .25 to .75 per issued common share, by the close of the fiscal year, ending December 31, 1999. Corporate Vision formed a new subsidiary - CVIA Resources - during the second quarter of 1999. Initial involvement will be funding for oil exploration and gold mining. The Board of Directors approved a 13.5% holding in Great Mane Marketing Company. Great Mane is a privately held company based in Tulsa, Oklahoma. The Company acquired the following Internet Web Sites. IPO-Brokerage.Com, IPO-Brokerage.Net, IPO-Broker.Com, Ipo-Broker.Net Car-Shopping.Com, Masterpiece-Auction.Com and Masterpiece-Auction.Net. As of June 30, 1999 there were approximately 1,543,000 shares of Common Stock outstanding held by 587 shareholders of record. ------------------------------------------------------------------------------------ Here are some other interesting posts from Keith Anderson (CEO of CVIA) on the RB thread:ragingbull.com "We will have a forward split again... probably a few, all in due time. There is enough going on behind the scenes that the magic $4 mark is not even a concern. The price will reflect this in the very near future." ragingbull.com "The SB2 will be sent in after next weeks news... it will become crystal clear, then." Just wanted to keep this thread informed as to the status. Mike