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

To: Leroy Chandler who wrote (6144)	7/30/1998 3:56:00 PM
From: Gary R. Owens	Read Replies (1) \| Respond to of 6654

Anyone with a bad heart, don't look at Yahoo profile of CVIA: biz.yahoo.com Book value of 10 dollars - wishful thinking huh. Guess they have us confused with somebody else. Or maybe KAA has been busier than we all know about <g>. gary

To: Leroy Chandler who wrote (6144)	7/30/1998 4:28:00 PM
From: Milk	Respond to of 6654

Leroy, I think what Gerry meant was reducing the current number of shares authorized from 50 million to 500k or so (If I remember correctly, when our stock was reverse-split 300:1, the # of shares authorized was only reduced from 150M to 50M, i.e. 3:1) Regards, Milk

To: Leroy Chandler who wrote (6144)	7/30/1998 4:49:00 PM
From: K A Anderson	Read Replies (2) \| Respond to of 6654

Leroy I am glad to see you back to posting, I thought we had lost you, there for a while <g> I am going to stay out of this current debate, its good to see you guys discussing this among yourselves, this is what I have been asking for all along. You guys figure out what you want, how you want it, and I will present it and TRY to get it. There are some very good posts over on the "other" thread, you all might want to read also. The best I can tell todays trading is that 100,000 share block is bouncing around, almost like the MMs are playing musical chairs with it. KAA

To: Leroy Chandler who wrote (6144)	7/30/1998 11:04:00 PM
From: gerry	Read Replies (2) \| Respond to of 6654

If my historical memory is working, there were 150,000,000 pre-split shares outstanding outstanding and 117,000,000 pre-split shares in the float. The Board aka Jack Arnold allowed a reverse split of 300:1 for the float, but, only 3:1 for the outstanding shares. This resulted in an after split of 390,000 shares in the float and 50,000,000 shares outstanding. The new board could decide to modify the reverse split of the outstanding shares to 300:1 for a total of 500,000 shares. Since the prior reverse split is a done deal, they could authorize an additional reverse split for the outstanding shares of 100:1 which would reduce the now 50,000,000 shares to 500,000 shares; both approaches reach the same end, an across the board reverse of 300:1. Doing this would essentially neutralize the recent reverse. I do not know at this time , if reversing further the outstanding shares is in our best interest. The new board may need these shares, or some of them, to help this company become viable again. Using these outstanding shares for joint ventures, mergers, reverse mergers, acquisitions, etc,. can be beneficial, if management is competent, moral and have the best interests of the company and its shareholders as its goal. Unfortunately, they are too often used for dilution and manipulation by the company at the expense of the shareholders. Often these shares fall into th hands of management who sell into the market at the newer higher price after a reverse. The price tanks, but, they have made big $$$ and the original shareholders are left holding a bag of horse manure. It is the unwise and unethical use of reverse splits that make them so feared and hated; and this use is all too common on the BB. Gerry