To: Milk who wrote (5025 ) 5/24/1998 3:49:00 AM From: Milk Read Replies (3) | Respond to
*CVIA Shareholders*Reverse Split. Isn't it what they've been saying all along? (4/14/98 Press release, email from Jack) Their whole business plan is probably based on that split. What would they buy companies with, penny stock?Proxy Vote. I was not supporting the whole "email the SEC now!" idea back then, even though I had a sizable position at the time (x,xxx,xxx), and I am not supporting it now. What for? Stop the merger? Force them to give me insider info for review? Maybe we can be taken more seriously as shareholders if we stop making vulgar posts and calling Jack names.. You may very well be insulting a nice person. It doesn't do anyone any good. Besides, should there be any legal action, WOTD folks may as well say to the SEC: "look what kind of investors we are dealing with". Class Action. Been there done that. Makes you feel good about yourself for a day or two, but never makes up for the loss. I was a class member a couple of years ago, still haven't received any money. I can understand why lawyers or people who don't have any shares (sold at a loss) would push for that idea, but for those who are still holding shares it wouldn't be a very smart move. This action is premature. It's also a serious step, since you start playing with other people's money, and I do have a problem with that. I still have a lot of CVIA shares, I want to leave the company alone for a while, let them do their job (no, I don't mean finding new ways to further dilute our shares<g>) and make that 'big' announcement they are preparing, rather then waste my time complaining to SEC, and end up helplessly trying to guess the value of my shares during a trading halt. I am not supporting this idea at this point.
