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: J.R. who wrote (1836)	2/7/1998 3:40:00 PM
From: paulbk	Read Replies (1) \| Respond to of 6654

J.R.. You wrote " Unfortuantely, the trading pattern is almost identical to what NPEC did for most of last year. Yes, we see buying---in fact a lot of it, yet the stock price continues to go down. Isn't this ironic ?" I,too, have observed this trading pattern in other stocks affected by reg-s placements and I think we are seeing the shorting that usally goes along with them. I don't hold out any hope of CVIA finding a buyer for the placement as I see no reason for the Reg-S holders to give up their cash cow- milked at our expense,by the way. I'd also like to clear up an inaccuracy in the last "update" regard- ing sec filing. There is nothing "new" about the regulation to file electronically. Here is an excerpt from my correspondence with edgar on-line about the matter-"Dear Mr. Birk: You are 100% right about May 1996 being a requirement to file electronically. After that time some companies (very few) were still sneaking in paper filings and they were being accepted. The SEC made an announcement that on Jan 8, 1998 they would refuse ALL paper filings and that they would be returned to the companies regardless of the filing date. " Regards, p/b.