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


To: Rob Miller who wrote (2370)3/13/1998 11:38:00 PM
From: Milk  Read Replies (1) | Respond to of 6654
 
Rob,

CVIA is a "fully reporting clean public shell", as Jack Arnold put it, with virtually no debt. They have a $2 million loss carry forward (which may well be used to offset taxes.)

CVIA also owns interest in 2 small companies:

"...T.L. Phipps and Promar are majority owned by Terry Phipps and operate as a video and, more recently, a CD-ROM company. Promar is an off-shoot of T.L. Phipps. CVI owns 25% of Phipps and 14% of Promar, but CVI is not responsible for any past, current, or future liabilities of either company. Although these companies have not been profitable to date, with the addition of CD-ROM capabilities, Terry Phipps believes they will achieve profitability soon, and CVI would benefit from these profits." - Jack Arnold, 12/3/97

Regards,

Milk