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


To: Kenny Low who wrote (5361)6/2/1998 12:27:00 PM
From: Milk  Read Replies (2) | Respond to of 6654
 
The sad part is that with the float of 400,000 shares only, they could have made it fly with one decent press release (just put the word "Internet" in it... LOL).



To: Kenny Low who wrote (5361)6/2/1998 1:46:00 PM
From: paulbk  Read Replies (2) | Respond to of 6654
 
This has evolved into the most bizarre and truly sad scenarios' I have witnessed in the stock market. If you were an IR person, how would you sell this stock? What sort of spin could you put on it to
make it smell better? Pay the ask of 2 dollars and wait for the three
tranches of reg-s that are coming starting June 8, lose 50% right off
the bat, then lose the rest over the course of three months?
How much faith could an IR person instill in an investor who has
studied what little there is to know about CVIA and found that the
vaunted and mysterious un-named industry experts who are going to lead
the charge toward 200 million in revenue producing can't even merge
their worthless private shell with Arnold's now worthless public shell? They have been at it for 8 months. How many mergers of much
larger entities with actual financial entanglements have been consu-
mated in this time span? If the WOTD merger is such an impediment,
scap it,hire the "industry experts" into CVIA and get on with the
process of merging with revenue generating companies. Too simple?
If these "industry experts" are so smart and so valuable that they are
pursued at the expense of all else, why have they wasted so much time
in getting about the business of making money? Could it be they don't have the same urgency as the common shareholder because they have already guaranteed themselves a profit? Or are they just stupid,al-
though they are not as stupid as myself because they haven't bought
any of this stock.
Let's assume they really are interested in the tire business and they approach a merger candidate.If the candidate does his discovery
on his prospective partners and turns up a board of directors of one,an un-named panel of experts,a languishing merger between two worthless entities,a CEO who has let it be known via the internet
that his stock was a safe buy at .02-.04 then proceeded to crush it to .003,legal actions by shareholders,and who knows who else-how much
confidence can that inspire? If this situation were fully revealed to
any prospective merger candidate, would they want to become involved
with Arnold,Charles and company? Wouldn't any honest businessman run
the other way after maybe calling some regulatory agency? If they
plan on using stock as currency to buy businesses,the currency has to
have some sort of value. Will it have a value that can be stabilized
before the REG-S is sold out? No,and history has shown that until the
REG-S is gone the value will decline.Since there is no floor on these
covertibles the value will decline and the share count will rise in direct proportion.This is truly the most worrisome aspect of this debacle. How will CVIA be seen to the merger candidates it is basing its' business plan on?Also with the stock certain to decline,who would
want to take a payment in CVIA stock before September?
Sorry to rant, these are my opinions only and I promise I won't
verbally barf anymore of my disgust today,regards,p.b.