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

To: Brad who wrote (618)	11/21/1997 1:05:00 PM
From: JIN CHUN	Read Replies (1) \| Respond to of 6654

Thanks for the info, have there been any hints as to the prospective merger? Jin

To: Brad who wrote (618)	11/21/1997 3:52:00 PM
From: J.R.	Read Replies (4) \| Respond to of 6654

To all CVIA shareholders: I just got off the phone with Jack Arnold, and here is what I found. 1)There are approximately 55 million shares outstanding. 2)Promar Inc./Phipps are not profitable now, but their liablities are not on CVIA's balance sheet. The reason is because CVIA decided to spin this part off, so we own an equity interest in Promar (14%) and Phipps (25%). Moreover, if they become profitable, then it is great for us, and if not, then it will not really hurt directly. 3) How many shares are controlled by the insiders, including yourself? He answered this by stating that there really are no insiders left at CVIA. He, himself, has bought around .40, but I did not ask for the quantity of his holdings. Also, there are three or four large groups who have holdings in CVIA. 4) CVIA is no longer a production company. It is doing no business, and will be in whatever business the company it merges with is doing. 5) Do you anticipate this merger will be completed within the next six months? YES. 6) He is also very happy with the pace of this merger, and mentioned it is moving much more quickly than he thought it would. 7) The candidate they are seriously moving forward with is a private company, large size, and is profitable. It appears as though things are moving along at a good pace. The next press release should be the letter of intent, which will specify the company name, the margins, assets, etc...

To: Brad who wrote (618)	11/25/1997 6:04:00 PM
From: J.R.	Read Replies (2) \| Respond to of 6654

Is there a limit to the size of the company CVIA can merge with? Since CVIA is listed on the bulletin board, does the private company have to not exceed the maximum amount of assets for bulletin board stocks? In other words, can CVIA merge with a huge company? I would think the size of the private company would not matter, but maybe there are restrictions depending on where the stock is listed. On a regular merger, none of this would probably apply. But since this is a reverse merger, and a company does not have to go through all of the registering with the SEC, so there may be restrictions on the reverse merger. If it does not matter, could this mean that a large merger would bring CVIA trading on the regular NADSAQ or even higher?