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

To: Art C. who wrote (3727)	4/16/1998 6:05:00 PM
From: Leroy Chandler	Respond to of 6654

Art: Yes, it move, down, under a penny because of that big mistake of the anouncement of the SPLIT. Arnold, anounce on 14th a sign merger, today is the 16th no anouncement, something give a bad smell. IMO. they know that some of the shareholder are very angry and willing go give CVIA/WOTD hell in court. THE GAME IS OVER CVIA/WOLD!!!!!!!!!!!!!!!!!!!!!! lEROY

To: Art C. who wrote (3727)	4/16/1998 6:18:00 PM
From: TraderGreg	Read Replies (1) \| Respond to of 6654

Whatever is going to happen to this stock----they are still moving a lot of shares- Yeah, rats leaving a sinking ship while bottom fishers are coming back in registers alot of activity on the turnstile as well. I love Jack's comment about daytraders. We got out the instant that twit issued that release with a 1-300 thievery embedded. Sample Jack/WOTD conversation for anybody that still doesn't get it: "After we merge, we will still have 30 or 40 million shares but if we dump them into the float at 2 cents, we couldn't get more than 600 to 800 thousand dollars and that's assuming the price held at 2 cents, maybe a million or two, if the stock popped and we dumped all the rest of the authorized...slowly. But if we do a 300 for 1 reverse and condescendingly lower the authorized to 50 million, we will still have 49 + million shares to dump. But the first batch will net us several dollars!! per share. Even if those fool shareholders dump, some new fools will buy our paper at a buck or .75 or .25. Hell, all we need do is dump 1 million shares at a $1 average and the next million at .25 and we're way ahead. " Now, what the prescription drug lord and grease/oil jockeys didn't think of is if they had just announced the merger, the stock would have hit a nickel, then they could have just done the reverse after hours and they might have gotten $10 or $15 per share for that first batch. They were so greedy that they missed that additional opportunity. I'll admit that I was a fool to have not suspected this quick of a reverse as soon as they admit that this level of reverse and the timing of it is exactly what they had in mind all along but conveyed the contrary to shareholders. TG