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


To: K A Anderson who wrote (4296)4/28/1998 6:06:00 PM
From: campe  Read Replies (1) | Respond to of 6654
 
Is this a realistic scenario?

What if CVIA/WOTD retroactively issued 1 Warrant (for each post-reverse share) for shareholders of record on Apr xx, 1998, which gives the right to buy a common share at, say, $10, in say, Apr 2000 or 2001.

So if I owned 150,000 shares pre-split, I would end up with 500 Post-split common shares AND 500 Warrants. They could also issue Warrants as part of the payment for acquisitions and make them tradable. That would provide some liquidity.

I think that would be a decent deal. If the CVIA/WOTD acquisition plan is as good as they say, and earnings come in as they expect, then I'd expect a $10 share price 8-12 months from now.