Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tony who wrote (2927)	4/3/1998 12:59:00 AM
From: TraderGreg	Read Replies (1) \| Respond to of 6654

Something hit me while reading your post Tony, which by the way was excellent. I think it is a misnomer to refer to CVIA as a "shell". In fact, this term caused confusion for me at the onset of my first purchase. Typically, a "shell" doesn't have 500K or so of cash lying around. A shell is used as a quick way for a private operating company to go public, with minimal expense. Most shells have little or no volume and nothing "happening" and no cash, but they are public. They are dormant. Hence, the reverse merger. CVIA will be acquiring WOTD. It has the cash to do so and thus can not be thought of as a shell, especially with the volume of late. It is by no means dormant. Perhaps, just perhaps, considering this as a "normal" start up acquisition of WOTD is a more appropriate way to describe upcoming events. TG

To: Tony who wrote (2927)	4/3/1998 1:58:00 AM
From: Milk	Respond to of 6654

Excellent recap! <eom>

To: Tony who wrote (2927)	4/3/1998 7:06:00 AM
From: K A Anderson	Respond to of 6654

To answer your 1 to 3 year question, this is off the Dec 15 PR. ******************************************************************** Geographic preference will be given to western U.S. companies, with designs on future expansion in the east. Speaking on this, Mr. Arnold continues, "There are literally thousands of retail tire stores with $1 Million to $5 Million in annual sales. Our estimates indicate annual sales for the tire division alone (with 100 stores) could exceed $200,000,000. "Completion of this merger will launch an energetic drive to ratify the concept that building a large company, in excess of $200 Million in annual sales, through acquisition of tire wholesale and retail stores combined with the acquisition of oil, fuel and lubricant distributors, isÿ valid." Mr. Arnold concluded by saying, "We are confident this program can be highly successful. ******************************************************************** Hmmm thats a pretty tall order to fill... I for one, have a 10,000 share certificate set aside, and am considering ordering a 40,000 share certificate to match it. I'll just put them out of sight and out of mind, and check back on them in a couple of years after the all the mergers or done <g>. KAA