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


To: Milk who wrote (3621)4/15/1998 11:42:00 AM
From: buckshot  Read Replies (1) | Respond to of 6654
 
Milk I just got off the phone with Jack and we had a nice long talk.
He did inform me that the remaining stock would be issued as restricted shares for future mergers. Also i understood him to say that the $500,000 was still in the bank and was not used for the first merger but would be used on future mergers.

Riding the storm out!



To: Milk who wrote (3621)4/15/1998 12:24:00 PM
From: campe  Respond to of 6654
 
Thanks Milk,
That's the same story I got from Keith yesterday. Any word on their first SEC filing. I would like to see an extensive 8K with ALL the merger details and some summary of their business plan.



To: Milk who wrote (3621)4/15/1998 12:50:00 PM
From: Brad  Read Replies (4) | Respond to of 6654
 
To ALL: CVIA was "empty." If a deal was NOT made, then what????

Whether or not Jack Arnold made the "best" deal... who knows. But he is putting CVIA back in a position to conduct business. To me, that's GOOD!!

Time will tell whether or not WOTD will perform and if they do, the business should do well and shareholders should do well. With JUST the $3.5 Million tire company, figuring profits at 10% ($350,000) would put this at 89› EPS.

Throw in DOUBLE the shares and it's still an EPS of 45›.

HOWEVER, if they DO acquire and grow as projected, the profits could be much higher.

I try to project earnings and make my decisions based on that.

If WOTD does not perform, then nobody would be buying the stock. So regardless of how many shares the principles of WOTD have or don't have, there have to be buyers in order for them to get money for their shares.

Bottom line is that WOTD principles have to perform if they want to make money for themselves. Shareholders place their bets based on what they think will happen.

If people will do their own research, they can make their own decisions and then they should live with the results. Blaming someone else seems tacky.

I think CVIA has communicated with investors about as well as anybody.

Just my opinion.

Best wishes,
Brad