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

To: opey who wrote (3506)	4/14/1998 7:01:00 PM
From: Ray Palmer	Read Replies (1) \| Respond to of 6654

I am holding at present but I am also unhappy with the timing and magnitude of the reverse split. Many felt that a split was necessary, but can anyone put forth a positive reason for a split NOW? Why not announce the merger, let the market take the price up and then announce a more reasonable split later? Regards, Ray Palmer

To: opey who wrote (3506)	4/14/1998 7:30:00 PM
From: Bill Monahan	Read Replies (2) \| Respond to of 6654

Lets step back a bit. CVIA was a clean shell worth 600k to 800k to someone. (verses IPO) We had a tax loss carry forward in the millions. (saves tax$) We had a Reg S $$ in the bank of 500K (we being CVIA shareholders) every 1mm shares were worth 1/150 of the total shares authorized We were about to have a profitable business used to grow the business gradually. Now each 1mm shares today worth 1/15,000 of the shares auth today. WOTD has our Reg S $$ in their bank account (easter bonus time) They will buy the first candidate for a few million restricted shares of their stock freshly printed. "We plan to start a company with wal-mart type qualities for executives and BRE-X kind of investor benefit" I guess we should have told Jack to limit his search to Internet related companies sorry to bitch and moan but thats all I'm doing today.