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Microcap & Penny Stocks : The New Corporate Vision Inc. ( CVIA ) -- Ignore unavailable to you. Want to Upgrade?


To: SCOOBEY-DO who wrote (3311)12/19/1999 5:40:00 PM
From: JohnO  Read Replies (1) | Respond to of 3596
 
To Wayne Balkwill & John B
I would appreciate you taking this arguing private in the future.
Happy Holidays



To: SCOOBEY-DO who wrote (3311)12/20/1999 8:32:00 AM
From: SCOOBEY-DO  Respond to of 3596
 
Hi Fatt Matt,

There was a "Group" at the CVIA shareholders' meeting that offered some insiders a high price to purchase the shares that the insiders hold. According to Keith, he would have been able to retire in style if all he was interested in was money. The Group thought that CVIA's shares were grossly under valued. The Group was turned down.

Keith feels that the Group is trying to buy 10% of the outstanding shares on the open market. If or when they do, they may start a proxy fight to throw out Keith and the BOD and set up a new management team for CVIA.

Keith wants everyone to put their stock in cert. form in order to received the proxy information in time to vote. Some people have their shares in IRA accounts where they are not able to request certs without penalty. Those people will not request certs.

Business news:

The oil in pumping and CVIA is starting to mine for gold. Keith says that CVIA needed the oil and gold to bring revenue into the company since most companies are judged by how much revenue they generate.

Take care.

Scoob




To: SCOOBEY-DO who wrote (3311)12/20/1999 10:36:00 AM
From: SCOOBEY-DO  Read Replies (1) | Respond to of 3596
 
Interesting cross post from the RB:

By: Risctakr
Reply To: 11603 by hybridmsg Sunday, 19 Dec 1999 at 6:15 PM EST
Post # of 11720


The proxy fight will get ugly (hope it does not come to be).

They will keep KAA from focusing on his key biz objectives.

Shareholders will take sides. Some will be played (for fools). Others will take short term profit (greed) while most will follow the steady course of our shared dream.

Deals will ge stalled. Would you enter a contract to buy a house from a builder that is having a land dispute?

New deals will not come to the table. Done deals could unravel. Bankers will stay away.

It cost CVIA money to do a proxy vote. If they had an agenda they should have brought it to the table before the shareholders meeting.

They have to file their intent with SEC (at around 5%), unless the weasels are gathering under many names.

I came here looking for a potential "Retirement Stock" (many years away but always hoping it will be sooner) and I invested here because I wanted a real company and KAA seemed to be doing trhe right thing.

Most boards follow Roberts rules. They will disrupt board meetings. Their are many ways to table an agenda, call for a quorem, etc. A protracted fight or an annoying distraction will not be in our best interest.

Also, they can try to leverage their block. Buying and selling to hurt the stock price. Getting into bed with a MM. You can play lots of games. Remember I posted recently that 9 out of 10 BB do not make it. The MM's are banking on it with his short position. He hopes he never has to cover.

Lets beat the odds. Go KAA Go CVIA.

eRegards, Sal