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>...