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


To: Jim Armstrong who wrote (4855)5/12/1998 7:47:00 AM
From: K A Anderson  Read Replies (1) | Respond to of 6654
 
Jim,

You are expressing valid concerns, I have the same concerns about many of these issues.

As to this legal action, yes you are right when lawsuits are filed, it hurts everyone, really there is no winners. And yes I am "ready to whup someone". But trying to keep my emotions in check, and do this on a business-like manner. No one is blindly rushing head long into a class action suit, but rather approaching this to protect our investment and share holders rights on this issue. I WILL SAY THIS AGAIN A CLASS ACTION IS THE LAST RESORT.

1. Now the State of OK. has a law that we will use to the fullest extent. Basically this law states " a share holder of an Oklahoma company has the RIGHT to examine/inspect all all the Corporate books, records, stock ledger, lists, and records (including the BOD minutes) Yesterday I assigned the lawyer my right to do this. He is requesting immediate access to this information, and will try to forward it to me... those of you living near NYC are welcome to privately view it also, but we can not publically post or use this info to hurt CVIA.

2. This lawyer is aware of our call for a proxy vote, and has agreed to witness it on the share holders behalf.

3. Shareholders are given legal rights in order to keep companies from running over them, in less than disagreeable situations. I am using this guy to enforce my share holder rights. No one is telling anyone to send money any place I am paying the bill to enforce my rights, and my rights alone. But I am willing to share this information with my fellow shareholders (as much as the law will allow)

4. This lawyer said those that also have a shares in this, can email him and they will be on file ONLY IF A CLASS ACTION IS FILED, and that will be only after all avenues of compromise has been explored. I am taking this one step at a time, in as freindly of a manner as CVIA will allow, but I will not roll over and play dead for them while watching my investment value decline on a daily basis.

I had a conversation with Jack Arnold on April 16 and agreed to back off and let him "put things right", his idea of putting things right is continue with this "proposed" 300 to 1 reverse split and another Reg S. He knows CVIA shareholders sentiments in this matter, and yet disregarded them. (He wouldnt have told us about this Reg S except for a few of us watching the SEC filings on a daily basis.)
I told Jack in this conversation I would support giving him a chance to get us a better deal, so I backed off. Now look what backing off got us in the way of a better deal another $1,000,000 Reg S and no reason why it was done (more dilution).

I am doing exactly what I said I would, I am going to protect my investment, and if it takes all this nastiness with Lawyers, SEC and Proxy votes then so be it, if they choose not to take this serious, then its going to be a major mistake on their part.

There is a difference in risk and letting someone just run your investment into the ground, while some other party benefits from it.

KAA







To: Jim Armstrong who wrote (4855)5/12/1998 8:11:00 AM
From: Novice Bob  Read Replies (1) | Respond to of 6654
 
Jim:

Who does CVIA belong to? THE SHAREHOLDERS! We own CVIA, we paid for CVIA with our money, we legally own the company. Jack is handling our asset, and he has worked out a deal with WOTD to take our investment for far less than its value. I look at, analysis, negotiate, draw up the contracts, manage, sell, and mostly reject deals everyday, deals which have a value of at least $1 million. 9 out of 10 do not work, the seller is not motivated and wants an above market price, the Tenant does not do enough business or make enough profit to afford the rent a location commands. A purchaser only wants to pay a substantially below market price. There are many reasons a deal goes sour, you have to recognize that most deals do not close. And whether it be a buyer or a seller, neither one will ever be happy with a deal or every be able to sleep at night if either one thinks one more nickel could have been negotiated. Jack seems to be hesitant to pull the plug on these guys, they are reducing the value of our investment (the company that we own) far too much to their benefit. These negotiations are far too one sided. How do I know this, it is what I do every day.

There are other buyers out there, WOTD seems to be made up of a group of sharks in a feeding frenzy, when it is all done, we will be left with a fraction of our investment (please understand, WE ARE THE OWNERS OF CVIA). If you approve of what is being done to your investment, you have a right to your opinion, but I believe you make up a very small minority. Even if I am wrong and the minority group is the group that disapproves of this deal, I will not let this deal happen without utilizing every legal tool and method I know of to either kill the deal or alter the terms to limit the shareholders losses.

I have a large investment at stake here, as do many other Investors, I am not willing to just accept the word of Mr. Arnold that we have negotiated our best deal. No offense to Mr. Arnold, I am sure he is a fine person, but I suspect he does not deal with sharks everyday. I am fairly sure he does not know how to stop these people (WOTD) from raping us at will.

Rather than throwing my hands up, I am going to take a proactive approach. Maybe that makes me not a nice guy, but nobody is going to take away my piece of this company without a good fight.

ALSO, just read Mr. Andersons post, that where I am coming from as well! I totally agree with him 100%.

Robert



To: Jim Armstrong who wrote (4855)5/12/1998 2:14:00 PM
From: D LEE  Read Replies (1) | Respond to of 6654
 
Hi, Jim A! .[ Attn: All Shareholders ]

Well, don't get me wrong. I'm not a happy stockholder either.
And the contradictions in PR and actions bother me.
But I think much of what is going on at the moment here
is not a measured response, and is mostly counterproductive.
There are more temperate alternatives to this style of dialog


I appreciate the above statement you made, Jim Armstrong, very much.
In fact all of them in your post!

The Creativity and limits of each individual really add to the
bitter and sweet senses of this investment world, while we
"make and withdraw bets", watch, and wait.

I personally feel Jack Arnold set a very fine example, despite
any limitations, to do what he could.

It's evident. Matt knows that Jacks example means much
to all investors here, and realizes you all possess two
sources of power. "money you have invested" and "thought",
Just like Jack.

I agree with you totally. But in one of your comments,
may I re-arrange one phrase?

and company's choice might not be ideal, but given
the risk involved, where would you go? ("no fair", Matt.
We don't all have the resources you have alluded to.
And it's evident they didn't either).


What is "fair" -is your desire for creative thought and your
indication "the merger may fall through". What then
with CVIA?? -As you suggest- A high possibility can exist!

You have added strength to someone's unconventional line of thought.

It would be unfair to all shareholders if Matt's creative
suggestions were passed off as impossible. Shared ideas of another
CVIA solution might help everybody understand there really is
something to fall back on, and their investment/gamble may
still be good without WOTD.

Why not take good ideas and add thoughts to them here
for the "just in case"? Imagine the way CVIA investors
could effectively contribute to and benefit from
the advantage of being a publicly traded entity.
Why not? You already are CVIA!

This is not for amusement. It may become a job for some
appointed group of shareholders here in the near future.
Time to figure it out would actually be now.

If talks fall through, be ready to catch CVIA.
If you are ready, you will want it.

Dave