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


To: Jim Armstrong who wrote (2677)3/25/1998 11:41:00 AM
From: dexx  Read Replies (1) | Respond to of 6654
 
I believe "tri-lateral" in this instance is defined as the three parties participation with one another is contingent upon the participation of each in the whole agreement. Confused?

Well, I think that if one part of the agreement does not work (ex. WOTD for some reason does not reverse merge with CVIA...resulting in the tire agreement being suspended, etc.), the whole agreement does not work.

From the sound of recent press releases and some of the calls made by thread participants, I think Mr. Arnold has been careful to take the time to bring the parties together at a workable pace.

We have to remember that CVIA is currently non-viable (technically, other than shell value), as they have no assets. Shareholders are buying shares based on possibility for the most part.

Given this fact, Mr. Arnold must be excited about getting this off the ground. In fact, it took some real courage to even make the attempt.

Anyway, all of this is just my opinion. I truly hope Mr. Arnold can make it happen. It would be a cool story.

Dexx



To: Jim Armstrong who wrote (2677)3/25/1998 7:38:00 PM
From: Milk  Read Replies (3) | Respond to of 6654
 
Hi Jim,

This is what I was referring to:

"Additionally, Corporate Vision, Inc. (CVI) and WOTD together
announced that, after substantive meetings, they have arrived at a set
of common objectives with their first acquisition target, a profitable 20 year-old tire company with $3.5 Million in annual sales and
approximately 10-15% of that in pre-tax profit.

CVI and WOTD are extremely pleased to announce they have signed a
tri-lateral Letter of Intent with this first acquisition target." (Dec.22 PR)


Two things still need to be finalized:
1. CVIA/WOTD merger
2. Acquisition of the "20-yr old tire company"

Best regards,

Milk