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

To: Brad who wrote (448)	11/18/1997 6:54:00 PM
From: KGoodson	Read Replies (2) \| Respond to of 6654

Bacon Butt News Service with CVIA NEWS FOR TOMORROW! CVIA's news release for tomorrow is on their web site. It is dated November 19. I assume it will be released in the morning. THEY HAVE A SIGNED LETTER OF INTEREST cvia.com --------------------------------------------------------------- CORPORATE VISION INC. - MERGER UPDATE Wednesday, November 19, 1997 Consistent with their commitment to update and inform shareholders of progress relating to a pending merger, Corporate Vision, Inc. (OTC BB: CVIA) interim CEO Jack Arnold today publicly announced the following progress report: "We have taken an exciting, substantial step forward toward a merger which would, at completion, be capable of bringing CVI the measure of respect, stability and growth we are working hard to restore. "Our research on the current field of merger candidates is now focused on one specific private corporation that we feel best meets our criteria for initial value and asset base, character and reputation, and future growth potential. "As expected, both parties are eager to move forward, and we are pleased to report we have signed a Letter of Interest with this leading candidate. "Though this signing does not completely rule out other potential partnerships, we are convinced it is in the best interests of Corporate Vision and its shareholders to fully pursue this outstanding opportunity. Based on our communications with their representatives, there is potential for this merger to have a synergistic effect on their 'growth by acquisition' goals. "Our attention will now focus on a detailed examination of this enterprise in order to substantiate our expectation of a mutually profitable fit. If our preliminary analysis proves accurate, we anticipate our review will lead to a signed Letter of Intent in the very near future and culminate in a formal merger agreement as quickly as is reasonably possible. "We greatly appreciate the patience and support we have received from our shareholders. It is our desire and firm intention to negotiate an agreement which will best represent the interests of our shareholders who are the owners of Corporate Vision. As the process continues, we will provide updates via press releases and our internet address (www.cvia.com)." This press release contains forward-looking statements with respect to the results of operations and business of the company that involves risk and uncertainties. Risks and uncertainties of the Company are detailed from time to time in the company's filing with the Securities and Exchange Commission. Messages for Corporate Vision and Jack Arnold can be left at 918-748-1996 or by e-mail via our internet address above (info@cvia.com).