To: K A Anderson who wrote (5424 ) 6/3/1998 10:00:00 PM From: Novice Bob Read Replies (2) | Respond to of 6654
Regarding Mr. Anderson's interest in the use of CVIA as a shell to create a public company owning tankers, it was mentioned, but never seriously. I know Mr. Anderson has other, more favorable, options available to him that he is down the road with. In fact he has asked in a far more serious tone, what ideas I would have for CVIA should the WOTD deal not close (ideas concerning the location of another private company to reverse merge into). If there was any underlying motive or ulterior plans for CVIA, I can assure you Mr. Anderson would have handled this much differently, there would have been disclosure and Mr. Anderson would have no longer been posting on any CVIA thread. Mr. Anderson's motivates are in line and in sync with the rest of us, he feels there is a skunk in the wood pile and he just wants to protect his investment. In fact, one of the biggest negatives to considering CVIA was that there would be concerns about his current actions. The idea quickly became a non-option. Mr. Arnold fails to realize, he is only running CVIA, I hope today's results assure him we own CVIA. We are not his employees or just a pain in the rear to be dealt with. Does anybody have any solid evidence that WOTD is legitimate? After all the screaming from the Shareholders questioning their legitimacy, where the hell are they? HIDING Next Question... WHY? That is Mr. Anderson's motivation, my motivation and the rest of the pi$$ed off Shareholders. We have significant and legitimate concerns regarding the loss of our investment, and the fact that we are actually being stripped of our equity in CVIA (again, we are the owners). When people voted in the first proxy, did they know they were voting for 2 Reg. S's and a 1 for 300 reverse split. The Shareholders were "blind-sided", and guess what, what goes around comes around . I think what happen today will feel like a speed bump as things unfold. IMO! Another thing, when there is a question regarding what Mr. Anderson or I may be doing at any point, there is an answer, there is disclosure, what we do is brought to the thread to the extent that it can be. We need to be cautious, some things we are checking out could be very serious. Where is WOTD? They need creditability more than any of us...