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


To: Milk who wrote (6157)7/31/1998 1:12:00 PM
From: D LEE  Read Replies (1) | Respond to of 6654
 
I "don't" think a preferred share gesture would compromise the value
of the company in any way either Mike. In fact, it may define this
as the bottom (time of least value) for any of the shares.

The way i'm thinking (imo):

present shares = present shell value

new shares = CVIA's ammunition for a specific cause.

the shell = a "now active company" ...and so,
it is enhanced. "A credit to those
who held the shares of the shell through
quite a disaster of hidden abuse."
(This enhancement is beyond the value
of the new common shares.)

The problem:
A timely plan to make outstanding shares preferred must be
properly blended with real progress.

Real progress will not occur until the mode of business
has been decided upon.

The mode of business should be decided immediately.

Which is one key reason why i suggest a simple, secure,
and understandable solution which investors can readily
identify with, putting all the vagueness and fancy dancing aside
for those at the table.

Last necessity.....the Board of Directors must be
highly motivated...nothing less
to avoid a game of musical chairs.

re. #6158
Wow...does everybody feel so safe when your around, Mike? -g-
I will echo that url:
209.67.31.6
assuring everyone that TA was Not Being Sheepish. I truly believe
he did not want the e-mail address of an associate to be aired
on the thread, that was all. And i think he spoke the true feelings
of many.

Dave