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

To: jas244 who wrote (4519)	5/5/1998 9:00:00 AM
From: K A Anderson	Read Replies (1) \| Respond to of 6654

Comparing MCYX to CVIA is sort of like comparing apples to oranges, except for the 400 to 1 vs the 300 to 1 reverse split. MCYX was bankrupt and this was done to bring in a new merger and retire most of the creditors... thats why you see such a jump in the price, actually this is saving the company from going out of business, so it is good to attempt this "last ditch effort". CVIA is not going out of business, nor heavily in debt, or desperate for money (it has at least $500,000 in the bank) along with 30 to 40 million unissued shares in the company treasury. So this 300 to 1 reverse was completely unwarranted and uncalled for. If they were serious about doing a roll up, use that 30 to 40 million unissued shares, or do a reverse split of 2 to 1 or 3 to 1 or what ever as per acquisition. This way you acquire assets with minimal delution and CVIA has control of the float. Reverse as you acquire, the influx of new business's income and assets would offset a small roll back. IE take each acquistion in small steps and also the roll backs as opposed to killing the investors. But a 300 to 1 reverse split all at one time is completely uncalled for... under the present circumstances, and every one knows it. Also which has led to all the questions regarding WOTDs management and their motives. KAA