To: Milk who wrote (5060 ) 5/24/1998 8:20:00 AM From: K A Anderson Read Replies (3) | Respond to of 6654
Milk, I will post some information that clearly shows Jack is possibly breaking SEC laws and a many unethical anti share holder things. an excerpt from the Jan 13 PR Mr. Arnold continued saying, "In order to finance additional near-term acquisitions, we are seeking to increase the number of authorized shares to 150 Million. In regard to long-term growth, we have made positive contact with a number of private entities interested in investing in WOTD beyond this first step. Well then on the 4/21/98 Reg S, he sold more shares than the law and charter would allow. Only way a corporate charter can be amended is through a proxy vote, not Jack and His BOD. Jack was forced to do this 300 to 1 because he busted the charter, and now has to supply shares HE SOLD ILLEGALLY, to cover his A$$. You may not realize it but the SEC laws are 1 person cannot be the BOD, the BOD minimum is 3 people. Another less than ethical deal on Jacks part. Speaking of that look at some PRs and Look at the Proxy vote... clear deception... it clearly states "Jack Arnold and the BOD"... I guess it sounds better than Jack saying "Jack Arnold and me myself and I" But since the proxy vote was rendered under deceptive terms that voids it. Jack ignored the 2 request for the proxy vote but it was strong enough that he realizes HIS SHARE HOLDERS majority wanted to reveiw the deal. So he decided to "buy" WOTD so legally the share holders would get to vote one it. WOTD has not assets, did you know this? and Jack has given us no proof they have experience in this field. Patrick Charles looks like the "Jack" of all trades, when it comes to taking share holders equity away from them <IMO>. We didnt get the corporate records, yet Jack tells you "oh I volunteered to give them access"? I dont want all the records just the Reg S records. To see who bought them... is this inside info? Now he is making it sound like I am after Insider info? Hell its responsibility to inform us what is going on, so I guess now I am after Inside info LMAO... I am lookin to hang him and Charles not manipulate the stock. AND HE KNOWS IT. Now I can go on, but thats enough of the laws he has broken, and deception for now. Not to mention Jack has totally disregarded the share holders preemptive rights. We even offered Jack an exit, all sins forgiven and no legal action... he refused to accept it. Think about it almost everything I have posted has been more accurate than Jacks BS, and well you can just look at the charts on past CVIA's trading to see how well Jack has done. The lawsuit doesnt make me feel good, why do you think I have held off and tried to work with Jack? The first time I held off, he did that illegal Reg S April 21, I held off again and he did this 300 to 1 split, now you say hold off again? what will be next? We merge with Bre X? We are upto 81 people wanting the legal info... and I havent checked this mornings email. KAA