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

To: PO Stahl who wrote (3273)	4/9/1998 5:35:00 PM
From: campe	Read Replies (4) \| Respond to of 6654

From a business perspective, it wouldn't make any sense to do a reverse split at the current price just to get a listing. As I said before, a split alone IS NOT going to do it. As part of their business plan, they will be acquiring profitable businesses already in place and manage them from a centralized location. As a matter of fact, its currently not possible to qualify for a listing. smallcapinvestor.com Nasdaq listing requires a public float of 1MM shares. So the highest reverse that can be done is 150:1 which would give us a $3 stock price where $4 is required. The way I see it, we'll need a price of around a dime to get a decent stock exchange, maintain stock price, and a decent float. Also, a listing requires $5MM market value of float. Today, this puts us at about $0.05/share. As CVIA and WOTD merge they will simultaneously acquire their first profitable business. They will then be raising shareholder value, boosting and solidifying the stock price, and preparing for their next acquisition. I've heard that they have a few acquisition candidates in place and many more approaching them. To me, this will take some time. Jack says "as soon as possible", however, the reality of things is the process will take a few months. (Unless of course WOTD knows something we don't know, and are so sure of their business plan and acquisition targets that price appreciation and a listing is a SLAM DUNK...) I've followed many BB stocks trying to get a Listing and very few are successful. CVIA/WOTD have the business plan, they just will need time to execute it. The split will happen somewhere in there, probably, IMO, after 4 or 5 merger candidates are identified and acquired and at least one 10Q filed showing profits. This is what will create stockholder confidence. I'm prepared to support CVIA/WOTD right through any stock exchange, however, not without at least one profitable quarter and SEC filings. I'm looking forward to the joint announcement (and I assume the subsequent 8K for the details) of this merger.