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


To: Dusty who wrote (1580)1/13/1998 5:49:00 PM
From: Brad  Read Replies (1) | Respond to of 6654
 
Hi Dusty! Since last August when Jack Arnold became the interim CEO, his whole purpose was to do SOMETHING! ANYTHING was better than what the company was then... nothing!

IMO, Jack Arnold has been about as straight-forward as any CEO I have ever encountered. The road might be rocky. But at least we're ON the road.

What we need now is just a "new set of tires and some good shocks" to get where we need to go. :-)

(BTW, the content of today's announcement was not a "shock" to me.) <g>

I think I'll give Western Oil and Tire a chance.

Best wishes,
Brad



To: Dusty who wrote (1580)1/13/1998 6:21:00 PM
From: Jim Armstrong  Respond to of 6654
 
". . . but it appears to me they have plans to up the outstanding shares I don't see anything in that for the current investors."

Yeh, that's how it sounded to me too. I wonder if CVIA will do an m-for-n share exchange before increasing the number of outstanding shares of common stock, or simply issue some type of high-value preferred shares. It seems like the latter is more expedient time-wise if that option is available to them.

SIDT, for example, just swapped money to redeem some of these high-value shares from shareholders (which seem convertible to common stock or money, depending upon the circumstances). [I dunno what the circumstance was that precipitated that particular exchange.]

JimA