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

To: Rob Miller who wrote (2542)	3/19/1998 11:45:00 PM
From: K A Anderson	Read Replies (1) \| Respond to of 6654

More KAA thoughts from far left field <G> Seems to me we are worrying about something that has'nt occurred (and maybe will not.) I am sure Jack Arnold is exploring all sorts of avenues, to get control of this huge float that was forced on CVIA. But a reverse split is not his only avenue to take, and after the merger CVIA/WOTD will have several different options at their disposal. Such as Prefered stock issues, with all types of mechanics backing it, warrants, options ect ect... offered if he chose that route. All types of bonds, (both secured or debentures) Some of the "smarter" BB stocks use a voluntary exchange common stock for prefered stock. MIDL is one BB stock that used this concept very well MIDLP (prefered) trades between $12 and $16 a share... (not hyping just using them as an example of BB preffered stock.) I think 1 of their prefered shares is equal to 30 to 34 common shares (but not sure). Sure CVIA/WOTD could implement a system like that, free up some common shares and actually reduce the common float.. with out really affecting the shareholders equity. Or replenish their treasury with common stock for future mergers and growth. Lets not start jumping to conclusions on reverse splits, just yet, although it does need to be considered. Personally I think prefered shares are a better choice of those going WAAAAAAYYY long. I just want to get to the merger for now. KAA