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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: kenyshoe who wrote (6545)	4/2/1998 1:48:00 PM
From: jan_mike	Respond to of 11708

Ken - nice link. Let's take up a collection to buy them a floppy disk, so backup's won't be such a burden. Ask David Smith/Isaacs and his 600,000 shares if he cares about their 25 grand expense! Mike

To: kenyshoe who wrote (6545)	4/2/1998 2:05:00 PM
From: TraderGreg	Read Replies (2) \| Respond to of 11708

Good research, Ken! How did you find that gem? Come to DC, Ken StarR could use you. HELLO, ELAINE!!! FROM THE FRAM OIL FILTER COMMERCIAL...PAY ME NOW OR PAY FOR IT LATER. I certainly hope Elaine was just having a bad day. If so, she must realize that the fall in market cap for companies that don't pay the $25K to get in good graces with Artie Levitt's people will DWARF the cost of the audit. Put another way, if the Company earmarked a fund to buy say 50,000 shares @.66, the ANNUAL INCREASE IN THE VALUE OF THOSE SHARES AFTER THEY FILE WILL PAY THE ANNUAL AUDITING COSTS AD INFINITUM!! Put another way, that's a morning's worth of Class V dumping to pay one year's of auditing.. Put another way, it's a small portion of what old Bliss got for doing virtually nothing. Lame excuse of the year. I am extremely disappointed right about now. KZAP, where's your drugs? TG

To: kenyshoe who wrote (6545)	4/2/1998 2:14:00 PM
From: KZAP	Read Replies (1) \| Respond to of 11708

Great Ken! YOU the man on this one! Thanks for the report! Let's talk about this one. Happy investing! KZAP

To: kenyshoe who wrote (6545)	4/2/1998 2:21:00 PM
From: SJ - Stephen	Read Replies (1) \| Respond to of 11708

Ken Thumbs up to Ken ... Great Find... Thumbs down to Ms. Cawley... And I thought that I was a tight wad. (and so does my wife). Here is CSMA at the starting gate of a money pit and LPS, and they are worried about placing the 25K bet. SJ

To: kenyshoe who wrote (6545)	4/2/1998 2:37:00 PM
From: DuGen	Read Replies (1) \| Respond to of 11708

Ken, Ya done good, thanks for the article. (eom) DuGen

To: kenyshoe who wrote (6545)	4/2/1998 3:05:00 PM
From: RealTime	Read Replies (1) \| Respond to of 11708

Whats the big deal, $25k???? ,Is it so much money that it's worth falling into never never land of the pink sheet? I hope they put this into perspective, soon. RT Elaine Cawley, operations officer at Coconino SMA, a small publicly held Salt Lake City-based oil and gas concern that also has a subsidiary that manufacturers and markets automobile air freshners, said she understands the need for the rule. ''They're worried about the integrity of the Bulletin Board system,'' Cawley says. But she says the new rule will place a huge burden on small companies such as Coconino, which may have to pay $25,000 or more to hire the legal and accounting expertise necessary to make sure its financial reports meet SEC requirements. ''We were headed in that direction [toward becoming a fully reporting company] anyway,'' she says. ''Still, we are going to be facing an ongoing financial burden because the backup will have to be in place so we can continue to file the necessary reports every quarter.''

To: kenyshoe who wrote (6545)	4/2/1998 5:39:00 PM
From: Richard L. Williams	Respond to of 11708

Ken-- Good find...and most disheartening. What I saw Elaine say in the paper was that the company has not made any real steps towards being fully reporting yet, that it considers reporting requirements to be a burden, and that the expense is heavy and unwarranted. This attitude does not match what we have been told for months--that CSMA is poised and ready to file once the Harmer lawsuit implications have been resolved. What do I draw from this conflict in stories? That CSMA (and Mike Millis) has been misleading us all along about filing the Form 10, that the Harmer lawsuit excuse was just that, a smokescreen for the lie, and that my money is in the wrong place. I may invest by mistake in companies that lie to their stockholders, but I don't stay there long once I find out. If CSMA management is willing to lie about Form 10 filing, it might well lie about anything, and I can't trust them. Selling tomorrow. Nice to meet you all! Rick

To: kenyshoe who wrote (6545)	4/2/1998 6:15:00 PM
From: Douce	Respond to of 11708

''We were headed in that direction [toward becoming a fully reporting company] anyway,'' she says. This has been re-posted before me, but I want to point out one thing! What's this "We were" crap. What happened to the proactive and positive "We are headed in that direction..............". This company does not want to get on the pink sheets-lack of visibility means lack of interest, which leads to boring and dumping. I honestly feel that this thread is keeping this stock afloat due to the lack of news. It does seem, presently, that were solid at .60 range. Hoping for positive stock movement soon. Douce