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

To: FloridaGatorMike who wrote (5342)	6/1/1998 11:26:00 PM
From: Playin my Cards	Respond to of 6654

Mike, a warrant is kind of like an "option" to buy a stock at a particular price. Since the PR is pretty vague about it, I will use an example of a warrant that I currently own (MIDLW). MIDLW had a strike price of $2.50 and a price to convert of $.50. This means that once the stock price hit $2.50, the owner of the warrant could get 1 common share from the company's treasure stock in exchange for turning in the warrant and paying $.50 directly to the company. As you can see, if the stock is at $2.50 and the holder has a warrant to buy a share for $.50, the warrant has a built in value of approximately $2.00 per share. Under normal circumstances, the warrant holder could either sell the warrant to someone else for about $2.00 per share, or pay the company $.50 and get a common share valued at $2.50. That in a nutshell is how warrants work. What I am not sure about is if the strike price must be achieved by the Bid or Ask Price. Anyone know that answer?

To: FloridaGatorMike who wrote (5342)	6/1/1998 11:29:00 PM
From: Novice Bob	Respond to of 6654

Mike: This is a new twist on investing invented and refined I believe by a group of NY Lawyers. It is a highly effective method of shareholder equity reduction (similar to a mass mugging (if you will)). I dare say you will find it rare to come across opportunity in the OTC:BB arena as you have found here in CVIA"D". Did you happen to notice how fast all this happened, hence the term "New York Second". Jack has truly protected us from the great losses we would have incurred had he not found WOTD to save us and our empty shell of a company, we had nothing and just did not realize it (and now we have even less). I can hardly wait for another Reg S, is there any limit to how much help WOTD can be to us???