To: GP Kavanaugh who wrote (3713 ) 4/16/1998 4:41:00 PM From: dexx Read Replies (2) | Respond to of 6654
To all: As a previous shareholder of CVIA stock, I check in on it once in a while. Having read some of the posts on a thread which used to be a most civil one, I must say that the content has changed dramatically (and not for the better). While I can understand the discontent among those still holding shares, I do not understand the loose threats of legal action over a company that had no assets, no office, no revenues, no employees and no business. Based on that formula, technically all of the shares of CVIA had the following value: $0.00. With the emergence of this new WOTD company and the $3.5 Million acquisition it brings with it, CVIA has a chance to put some real tangible value back in the stock (even if the stock is reversed 300 to 1). Those of you (K.A.A. etc.) who are complaining about dilution of 96% are nuts...yes, nuts. This company was worthless. In fact, I believe at one point, Jack Arnold was paying for the office space and phone himself. You can't dilute $0.00 value stock (in real terms, not MM terms). Now I see K.A.A. is launching a legal attack against CVIA and WOTD claiming K.A.A. and his cheerleaders have been screwed, when in reality, had it not been for Jack Arnold, this shell wouldn't even exist. I recall the previous officers of the company were the ones that ripped off CVIA's assets and left Jack holding an empty bag. I hope K.A.A. and those supporting his efforts realize that they will have a difficult time explaining to a judge how their valueless stock was further devalued. Also, should they lose their case, K.A.A and possibly others would personally be subject to counter lawsuits by CVIA and WOTD. Well, I am on to threads of stocks I currently own. BTW, I noticed some of you were bashing Wayne J. in earlier posts. Wayne has proven his value on this and other threads many times over...so those who bashed him have only exposed themselves as idiots. Dexx