Cross post from the RB:
KAA say's?? STOCKADVISOR. 5/9/00
Company Spotlight - Corporate Vision, Inc.
(OTCBB:CVIA)
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Seems like things are always hopping at CVIA. Keith
Anderson, President & CEO of CVIA is one dynamic and
energetic individual. Here at TheStockAdvisor, we talk
with Keith on a regular basis and he is as down-to-earth as
anyone we have talked with. He is keenly aware of what is
going on in the market and is always looking for better ways
to serve the stockholders of the company. To that end,
Keith agreed to do an interview with TheStockAdvisor.
TSA: Keith, we want to thank you for taking the time to do
this interview.
KEITH: I am happy to have a chance to talk to you so that
our stockholders and the rest of your readers can keep up to
date with what we are doing at Corporate Vision. This is an
excellent tool, together with Company releases, to make
sure they are informed.
TSA: As always, you have a number of irons in the fire,
what can you tell us about recent events in the Company?
KEITH: As we mentioned in a recent press release, CVI
Development Inc., (Ed note: CVI Development is an
operating subsidiary of Corporate Vision Inc.) announced
the completion of its first land purchase. The tract consists
of 46 acres in New Boston, NH
TSA: What are CVI Developments plans for this tract of
land?
KEITH: Well, site work on the property to began last
week. We are building a Master Planed Housing
Development targeted for the high-end real estate market.
TSA: Who is handling the marketing of the property?
KEITH: The property is already being marketed by Sullivan
Properties in New Hampshire. CVI Development has also
entered into acquisition negotiations with Earthworks LLC,
and Waller Construction Group. Eric Farris, CEO of CVI
development stated, and I agree, "This is an excellent
opportunity for CVI Development."
Earthworks specializes in site work for construction
projects and would bring, in-house, capabilities that CVI
Development currently has to contract. In addition, the
equipment, experience and contacts that Earthworks brings
to the table could also lead to additional development
opportunities in Hookset, NH.
Waller Construction Group is a construction management
company located in New Boston, NH. Waller's expertise in
the construction management business for over 27 years will
be a welcome addition. This will allow CVI Development
Inc. to concentrate on land evaluation and acquisition, along
with materials negotiations and strategic alliances and
acquisitions. We also expect to announce the closing on an
additional parcel of land in New Hampshire in the near
future.
Finally, we anticipate a dividend distribution to shareholders
of Corporate Vision Inc. to be initiated before month-end.
The record date for this distribution will be announced
shortly.
TSA: Congratulations, sounds like CVI Development is
really moving. What is going on with CVI Resources? The
press release last week regarding the commencement of
mining at the Vision 1 Mine had to be very exciting for
stockholders and the Company both.
KEITH: That's right, we are extremely pleased. After
receiving three recently completed studies and assays,
showing results ranging from .30 to .85 ounces of micro
fine gold ore concentrates per ton of material mined we
were excited when production began. As I mentioned in the
press release, this is the culmination of nearly a year of work
and research, which has tested the constitution of CVIA
investors and management. We had to overcome the
technical complexities and complete additional research to
bring the Vision 1 Mine and its prototype mining system
online, but I want to make sure that it is clear that as
exciting as the Vision 1 start up is, the real news is the
potential mining technology break though. We are
confident that this recovery system can profitably process
and recover minerals, historically considered waste or
unrecoverable micro fine minerals.
I personally feel that the most appealing part of this process,
is that this technology can be profitably operated with no or
minimal hazardous chemicals being used in the recovery
process. In some test runs that we have conducted, the
refined waste material was returned to the environment less
contaminated than native soil, before processing. We feel
that the system in place at the Vision 1 Mine will not only
provide the ability to profitably recover gold ore, but will,
through expanded use of the process, allow us to profitably
recover other forms of rare earth and metals found on the
Vision 1 Site.
TSA: That is tremendous news! I am sure that everyone
will be interested in seeing how this technology spreads
through the industry. Recently, you announced some
changes in the BoD. What can you tell us about that?
KEITH: That was something we hated to see, but Ray Hall,
Chairman of the Board and COO, and Dale Ogden, CFO
and Treasurer of the Board of Directors submitted their
resignations effective April 30, 2000.
TSA: Can you provide us some background on why they
have resigned?
KEITH: Ray and Dale resigned to pursue some private
endeavors, which they have asked not be publicized. In
addition they both indicated that they wanted to be able to
spend more time with their families. Work at Corporate
Vision has been very fast-paced, as we have literally brought
the Company back from the dead in the last 18 months, and
now that the ship is on course, they have decided to move
on to new challenges. However, we will retain both of them
under consulting agreements to help with a smooth
management.
TSA: Have you determined who the new Chairman of the
Board will be?
KEITH: Joe Seibert has accepted the position as the
interim Chairman of the Board of Directors. Joe has served
as a Director since August 1998 and has an extensive
background in the oil drilling business, golf course
architecture, and landscaping enterprises founding and
managing many successful companies.
TSA: How do you intend on finding new BoD members?
KEITH: We will be calling a special shareholder meeting
before July 1, 2000, to allow the shareholders of Corporate
Vision Inc. to choose interim directors for the 3 vacant
Board Seats. These interim positions will be voted on for
official confirmations at the upcoming Annual Shareholder
meeting.
TSA: When will the annual meeting be held?
KEITH: We don't have a date set yet, but will be releasing
one soon.
TSA: Is there anything that you would like to say in
closing?
KEITH: I would just like to say that we have a business
plan that is working, our financial position is better than it
has ever been in the public history of this company. We
appreciate our shareholders interest and commitment to the
Company and know that their patience will be rewarded as
we continue to work our business plan.
For more information on Corporate Vision, Inc. send email
to cvia@thestockadvisor.com |
