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

To: K A Anderson who wrote (3927)	4/19/1998 3:22:00 PM
From: KC Jones	Read Replies (1) \| Respond to of 6654

Hi KAA I think the merger has to go through but the reverse can be put on hold for 60-90 days until or until the stock price appreciates to something more substantial. The nasdaq listing isn't essential immediately. I think most would agree that a reverse has to take place but not at these levels. Perhaps WOTD were hoping that shareholders would see the drop in price and dump their shares with WOTD picking them up for next to nothing and perhaps that did happen but not enough people jumped ship. I'm still holding my little bit with a decision to make in the next two weeks..dump or go long. KC

To: K A Anderson who wrote (3927)	4/19/1998 4:24:00 PM
From: Novice Bob	Read Replies (3) \| Respond to of 6654

KAA: attempted stock "mugging" Well put, and that is what it is. I would think that WOTD is now well aware of the situation they have here. I have ran over several strategies, the only solution I can see is they have to back off the split, any other way they try to proceed is going to cost them dearly. Going forward with the mother of all splits, they will face angry shareholders, more complaints to the SEC and NASD, and litigation. Backing out of the deal, they could face delays that will undo much of what they have accomplished thus far, 4 months of work out the window, legal fees, maybe the need to renegotiate contracts, loss of creditability, additional legal fees and time to implement a plan "B", more head aches, loss positive cash flow from the additional delays, and who knows what else. Maybe they have other investors that may start to get antsy because this deal fell apart and now they have to wait and watch WOTD spend more money to run plan "B". Jack, do not waste any time, start lining up the next prospect. Even if the WOTD deal looks like it might happen, things can change. From my experience, I have always ran another buyer parallel, in 2nd place, if deal #1 falls out of bed, have buyer #2 ready to go. CVIA has value: 1) A clean shell, operating and trading 2) $500,000 in cash 3) Tax losses to carry over (I assume they can be transferred) 4) Jack Arnold Jack, you should go to the (ICSC)shopping center convention in Las Vegas this May 17-21 <http://www.icsc.org/index.html> <http://www.icsc.org/cgi/mtdsp?meeting=98SC>. I am sure you will find hundreds of potential reverse merger candidates there. Jack, you will drop over dead at the money at this convention, and many of these people are really trapped in a capital gains dilemmas. Forming a REIT is a very good way for developers/owners to get liquid and expand while sidestepping the IRS. You can not compete with REITS when it comes to buying commercial properties. I could meet you out there and could give you the tour. You want to talk about being at the top of the food chain, this is it Buddy. Check This Out Jack, these guys are walking distance from my office: <http://biz.yahoo.com/p/a/adc.html> They are small time compared what is at Las Vegas, the whole nation will be there. It is a "who's who" of millionaire/billionaire Landlords (public, private, and wanting to go public). Here's another one around the corner from me: <http://biz.yahoo.com/p/t/tco.html> We have relationships with these companies and companies like them, you have my phone number, if WOTD can't see their way clear to treating the shareholders fairly, I would think we can come up with some other options in short order and they would be less risky! Mr. Anderson knows how to get a hold of me, and he is very knowledgeable. I am sure he has ideas as well. Lets explore other options, less risk, better deal. These WOTD folks may be a little slow on the uptake to realize the value of CVIA and the losses they face by starting over. We should not waste time on them, but pursue other options while they try to figure things out. If they come back around with a better plan, we should listen, in the mean time, we should keep moving. Just my thoughts for the day.