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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: H. K. Boner who wrote (8955)8/13/1998 6:06:00 PM
From: TraderGreg  Read Replies (2) | Respond to of 11708
 
First of all, do not put me in the camp of defenders of CSMA management actions. It has been a long while since I approved of their actions. Second, of course you have enough shares to demand a shareholder meeting. And at that meeting you can vote to get rid of the management.

What I am saying is unless you get a court order to overturn their actions, you will not stop this reverse because you don't have the MAJORITY of shares. The board can issue dividends, the board can do a reverse and the board can issue shares as it deems fit. If shareholders disapprove of the board's actions, they can vote the board out...assuming they have the votes, which you don't.

Believe me, any sane person would love to see this reverse undone, but you won't be able to do it at a shareholder meeting. You think I am slamming you, I'm not, I'm just giving you a dose of reality.

In fact, only IMHO, reverse splits are one of the things management does to ensure they always maintain control. Now, it's JMO, but I think most observers of the markets would agree with that opinion.

Having said that, what plans do you have through the courts to stop the current management's plans?

TG

TG



To: H. K. Boner who wrote (8955)8/13/1998 7:05:00 PM
From: Steve1  Read Replies (1) | Respond to of 11708
 
HK,

Truly a brilliant response. Let's try this. Show us proof of ownership of the supposed pile of CSMA stock you own. Show us proof of ownership AND certified value of Sea Soil. Bet ya can't do it. After doing some more digging I believe, say what you will, you don't own anything but a possible interest in a company that was praying Or is it preying for a bail out. I have found nothing,and I'm including the fax you sent me, that proves any of your claims.

I also think that everyone is going to be real surprised real soon.

For what it's worth, I only listen to things worth hearing.

Have a great day

Steve



To: H. K. Boner who wrote (8955)8/13/1998 8:28:00 PM
From: Gary Jacobs  Read Replies (1) | Respond to of 11708
 
HK, a couple weeks ago you were crying in your wheaties about how poorly you'd been treated in the LPS deal. now you announce that you have everything you need to control the destiny of CSMA and that you're only here to save us shareholders. you gotta do better than that <LOL>!

gary