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

To: farrark. who wrote (2479)	3/17/1998 6:57:00 PM
From: campe	Read Replies (2) \| Respond to of 6654

Let's speculate how many shares were issued for the $500,000... Let's take the lowest closing price in March, that would be .013 So at 65% or .013 would be .00845 Dividing 500,000 by .00845 gives us just about 59.2MM shares. That's the worst case. Every additional .001 to the Bid price would reduce this by about 4.25MM shares. (So a .014/share conversion would yield about 55MM shares) And in March we already traded more than TWICE that amount already... Check out Message 3742998 Next one to talk to Jack, ask him what the conversion price was or what was the date of the holder's notice of conversion or even better yet, what's the number of outstanding shares as of today...