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


To: Kenny Low who wrote (4836)5/11/1998 11:21:00 PM
From: Ellen  Respond to of 6654
 
I don't know...the use of the word "proposed" intrigues me. Rather than saying planned or previously announced...

The transaction between CVIA and WOTD is being structured as an asset acquisition rather than the previously announced merger. Details of the final transaction will be forthcoming upon completion of the agreement and the necessary filings.

Management's actions, including the recently proposed 300-1 reverse split and the recent private placement financing were deemed necessary to make CVIA sufficiently attractive for a new business opportunity.

Management is very excited about the prospects for success of the WOTD acquisition. The reception to consolidation in the distribution segments of the petroleum and tire industries is extremely encouraging.

WOTD is presently a privately held company. Upon closing of its agreement with CVIA, information pertinent to the status of its business and its plan of operations will be released to shareholders in accordance with guidelines established by the SEC, state law and corporate administrative practices of a publicly reporting company.



To: Kenny Low who wrote (4836)5/11/1998 11:30:00 PM
From: Playin my Cards  Respond to of 6654
 
Hey, I just thought of a fun game!

I call it "What CVIA/WOTD Say, and What the REALLY MEAN!"

CVIA SAYS:
This delay has been incurred due to an administrative process that has taken longer than anticipated.

CVIA MEANS:
This delay has been incurred due to some eediot not knowing what the heck they are doing and not filing correct paper work. "Gee Wiz Walley, you mean we have to file paperwork with the SEC to dilute the shares 80% and screw the shareholders? Now I'm not going to make it home for dinner on time. June and Ward are going to be disappointed with us now!"

All in good humor, it's late.

Hey Look at the bright side, the can only issue more Reg S deals for an additional equivalent of 14.9 BILLION of todays shares! After the reverse split of course.



To: Kenny Low who wrote (4836)5/11/1998 11:34:00 PM
From: Playin my Cards  Read Replies (1) | Respond to of 6654
 
Got another one:

CVIA SAYS:
Management's actions, including the recently proposed 300-1 reverse split and the recent private placement financing were deemed necessary to make CVIA sufficiently attractive for a new business opportunity.

CVIA MEANS:
Management's actions, including the recently proposed 300-1 DEATH SPIRAL and the recent private placement financing were deemed necessary to make CVIA sufficiently attractive for MMs that want to short this puppy into the sewer.

Again, all in good fun. I hope to god it's not this bad.