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


To: Milk who wrote (1587)1/13/1998 11:24:00 PM
From: paulbk  Read Replies (1) | Respond to of 6654
 
Milk,

Answer for the last question: Yes- the change will happen automatically in your brokerage account. No cost,no paper
work or anything on your part.( I had a glitch once when I
tried to trade a stock with the new symbol on the day of a name
change as the system did not recognize the new symbol right
away.)

New Questions:
Since you claim in your press releases to be a reporting
company with the sec, when will you file something relating
to the merger?( You have'nt filed anything since August.)

Also, who are the principals in WOTD or how soon will they
be named. The associoation with WOTD is out of the bag, so
to speak, so how come we don't know anything about the prin-
ciples of that organization? If Jack Arnold is going to IR,
someone from WOTD must be stepping up as CEO,someone else
as CFO,etc. I see no material reason to keep the names of
these future (or present?) officers of the company a secret.
Are they working now?

Thanks,p.b.



To: Milk who wrote (1587)1/13/1998 11:55:00 PM
From: Milk  Read Replies (1) | Respond to of 6654
 
* ALL: The CVIA Clearinghouse * Just received the following question from a non-member:

From: <jmyers@neo.lrun.com>
To: <milk000@hotmail.com>

Milk,
I have a question: Lets say that brokers/MM's/etc. short CVIA on the news of the REG S. (why they would I don't know, what could they stand to make from a .02 stock?..) but...If they change the name and symbol, do the MM's have to cover their short? Does a name/symbol change force a MM/etc. to cover the short?..


Any comments? Here is a related paragraph regarding short selling of Reg S securities:

"The drop in price is generally the result of short selling. Taking short positions in the public float to offset a Regulation 'S' transaction is illegal under US securities laws. However, by definition, Regulation 'S' buyers are outside the US and many are unconcerned with the enforceability of US laws. As such, if the discount is sufficient, they can lock in a profit by shorting the stock and delivering against the short position after 40 days. As long as the short position is sufficiently greater than the purchase price and carrying costs, then the buyer is still richly rewarded and the stock drops considerably in the face of the extra selling pressure due to the short."

More at offshoreinvestment.com

Thanks everyone,

Milk



To: Milk who wrote (1587)1/14/1998 12:18:00 AM
From: Milk  Read Replies (1) | Respond to of 6654
 
* ALL: The CVIA Clearinghouse page updated * I just added a couple of questions/answers FYI (Paul, yours is there, thanks):

pages.cthome.net

The page keeps growing and growing... ;-)

Milk