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

To: Brad who wrote (3275)	4/9/1998 6:48:00 PM
From: J.R.	Respond to of 6654

Yes, the stock price must increase substantially before any reverse split. If not, they will have to do something like a 1 for 300 or 400. The significance of this is to ensure the stock stays above the requirements for listing. As we all know, stocks get hammered after reverse splits, so CVIA must keep this in mind. It would behoove the company to wait until we can get into the teens prior to any reverse. However, it may take a long, long time before this stock gets above .10, and the company may not be able to survive that long without adequate shares for future acquisitions. I was thinking the company would increase the number of shares authorized, but this will certainly not allow them to be listed any where. Well, another week goes by without any REAL news. I suppose better luck next week.