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

To: K A Anderson who wrote (6618)	9/4/1998 8:25:00 PM
From: Tom Swift	Read Replies (1) \| Respond to of 6654

Yep, we have a strike date and a strike price and a 1-year expiration. Are there any internal records of the planned terms of the warrants? You have said that they will be one for one and that you would like to restrict them until the expiration date. Personally, I don't like those terms and you have opened the topic for debate. If you issue the warrants per the press release and do nothing else, you have a somewhat limited latitude in what you can do with them legally. If you issue the warrants per the press release (and define the conditions) and then offer to exchange them for something else, (preferred shares is what I am thinking) you have a lot more latitude and can limit the damage built into the exp. date. However, you and the rest of the BOD are in charge -- you have my proxy. Do what you think is best for the company and the battered shareholders. Regards, Tom

To: K A Anderson who wrote (6618)	9/5/1998 1:42:00 PM
From: JCinTC	Read Replies (1) \| Respond to of 6654

Keith, Maybe i'm reading this pr wrong because it's not very informative to the details, but as i see it if you were a stockholder as of 6/1/98 you should have been issued 1 warrant for each post split share you held as of that date. The warrants have a strike price of $3, meaning to convert them to 1 share of common you add $3 + your warrant to receive 1 share. IMO the warrants should & could be trading right now. I see no where in this pr that one has only 1 day to exercise them. The pr say's they are good for 1 year. Again i would issue the warrants as per the pr, BUT i would amend the time period(adding a few years) that they can be exercised. Again, just because a warrant hit's a strike price every shareholder does not run to the phone ,call their broker, exercise their warrants & sell the common immediately into the float. People will convert at different times & sell at different times, unless the future of the co is in doubt in which case everyone will bail. I certainly do not feel this will happen with CVIA, because IMHO the plan the NEW bod has put together is ingenious & as deals get closed this stock will be worth an awfull lot of money. Most people who may have had a short term time frame for CVIA(in the earlier part of the year), have since been forced to go real long or take a serious loss......then all appeared lost....Now we are back into serious potential mode. Anyway i still think the warrants should be issued to the shareholders of record 6/1/98 & should be tradeable today & extend the time period to exercise them a few more years. Thank-you, JC....going fishing!