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


To: Novice Bob who wrote (5647)6/12/1998 11:07:00 AM
From: K A Anderson  Read Replies (1) | Respond to of 6654
 
Guys I didnt want it to appear that I was imitating that Sally Struthers commercial for save the world or what ever it was <LOL>

Just being truthful about the situation, there is alot going on behind the scenes just as Novice Bob and others are doing.
I havent really wanted to give away our strategy because of the reasons I posted.

I will say this I am feeling a little better about the situation with Cleve, so I will at least get the new lawyer pointed in the right direction today. I will tell him the situation and what I personally have to work with, and then its THEIR choice.

But those of you that choose to contribute, send what you can afford, its none of our business and you know better than anyone what it is.
Everyone has taken a beating on this stock, and I understand that.

As to will this money ever come back to us? I cant promise it will, but we stand a much better chance by doing it this way than by doing nothing at all. Personally from what I can tell there is a better than 80% chance it will, but anything can happen.

No one will be bothered or asked again unless we really get in a knock down drag out and over spend the retainer check I am sending the new Lawyer.

KAA



To: Novice Bob who wrote (5647)6/12/1998 12:31:00 PM
From: campe  Read Replies (3) | Respond to of 6654
 
TO ALL CVIA Shareholders (Past, Present, & Future)

There seems to be a lot of shareholders who were left with very little value after the split and price drop and do not want to add to this loss by contributing to "the legal fund".

IMO, there must be a way of allowing these smaller holders to contribute to the CVIA legal fund without having to put up the full $200. To some, that would in effect double their current risk. This is my impression from the amount of folks asking to be forwarded Cleve's e-mail.

IMO, it would make sense to have the legal fee be proportionate to the amount of shares held. However, this accounting may distract Cleve's office from their real obligations.

I realize that in the long run, it won't matter, but for now, I believe we need to raise the required funds towards Cleve's retainer. Just remember, KAA has guaranteed payment regardless of how many participate.

I propose those of you who feel $200 is too much under your current circumstances, just contribute what you can and trust Cleve, KAA, Novice Bob, and Jim M. to represent us appropriately.

Contribute because you feel the need to actively participate and do what is right and NOT because you expect to receive the e-mail or be named as a plaintiff.

The news out of Cleve's office is very good and I can see a full blown class action suit (which would eventually include all current and past shareholders) in the near future.

As a matter of fact, I would welcome non-CVIA affiliated folks to contribute to a good cause and help set a precedent throughout SI and the BB market. This is not just to recoup our losses, this is to take a stand.

What do y'all think?

seekjustice.com

KAA, I'll do the commercial for you <g>...