Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: campe who wrote (1551)	1/13/1998 12:03:00 PM
From: J.R.	Respond to of 6654

CVIA's credibility continues to increase. However, that does not mean a whole lot since the share price continues to hit rock bottom. With approximately 100 million shares to play with, CVIA has about 3 million to acquire other companies. Based on today's announcement, it does not appear as though WOTD has any assets. I think they have a group of intelligent and experienced professionals, but no tangible assets. If they did, why didn't WOTD help finance this acquistion? From the announcement, it looks as though this entire deal is being funded through a Reg S offering. Now, is this deal between WOTD and CVIA really a reverse merger, or is CVIA simply changing its name and adding new members to the board? Aren't reverse mergers supposed to bring TANGIBLE assets from a private entity to a public shell? I hope I am wrong and this scenario is much better than I am portraying. Any comments?