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


To: Milk who wrote (5660)6/12/1998 2:19:00 PM
From: campe  Read Replies (1) | Respond to of 6654
 
Milk,

Yes, the whole thing was intended to organize a proxy vote and get CVIA shareholder back in control of the CVIA BOD. Looks like KAA defines this as Stage I.

Message 4836297

However, during the process it was realized that CVIA no longer has control of the Reg S funds (somewhere between $500k and $1.5M). That's where Stage II would begin, getting this money back.

Message 4828854
ragingbull.com

If we can get the new CVIA BOD to fight to get the money back, then a "Class Action" wouldn't be needed. However, shareholders need to unite and be prepared to legally get back the money, and if a Class Action is what is required, so be it. The CA would be against the "WA Bad Guys" and not CVIA.

Class Action - When different persons combine their lawsuits because the facts and the defendant are so similar. This is designed to save Court time and to allow one judge to hear all the cases at the same time and to make one decision binding on all parties.

wwlia.org

All this is my speculation an opinions based on the limited information provided on this thread...