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


To: K A Anderson who wrote (480)11/30/1998 7:06:00 PM
From: campe  Read Replies (1) | Respond to of 3596
 
Just finished glancing over the 10K...
A few things I didn't know or have clarified jumped out.

1. The auditor's letter is dated May 5, 1997 and they are expressing their opinions thru Dec 31, 1997. Probably just a typo.

2. CVIA owns the rights to a violent game. Sound like a winner to me <g>. Rights expire Jun 28, 2000. I didn't know this. Maybe Phipps can use it...

3. CVIA has tax loss carry forward of $4.7M. I thought is was of the order of $2M. This is a plus and can be taken advantage of thru 2006.

4. Mabie and Vincent quit leaving the 3 remaining BOD members in charge. Then is says 2 of those remaining resigned leaving Jack in charge. I thought the court case last summer revealed that the 2 were "forced out".

5. Mabie and Vincent are scum and they didn't cover their trails very well. I wonder what services CVIA received from the IRC consulting contract. Its hard to promote a company that has nothing to promote.

Thanks KAA for cleaning up this historical mess...Looking forward to the SB2 and the more forward looking statements.



To: K A Anderson who wrote (480)11/30/1998 10:30:00 PM
From: Tony  Read Replies (1) | Respond to of 3596
 
Thanks for getting the filing out.

3 questions:

1- The lawsuit against us, referred to in n16 and 20, is that closed? Or are we still open to legal action (from them or anyone else)?

2- Are we going forward with the rights on "Final Jihad"? (Red Storm Entertainment (Tom Clancy's company) just released "Rainbow Six" and there's a bunch of other first person shooters out now which will be pretty tough competition, which is why I'm asking)

3- Estimate on how long till '98 filings? (I know, I know ... waiting will make it all that much sweeter, but still...)

It'll be real interesting to see what happens next.
-Tony



To: K A Anderson who wrote (480)12/1/1998 12:27:00 PM
From: Playin my Cards  Read Replies (1) | Respond to of 3596
 
I had a chance to look through the 10k and have a few questions.

1. Note 15: In your research, do you have a step by step listing of each share increase that shows how we went from 12.6 Million in 1996 to 57.4 Million in 1997? Are those share counts as of Dec 31 of each year?

I was just scanning through the report and can't see how all the individual distributions totaled over 44 Million shares. I could be wrong. Maybe later I will go through and add them all up.

2. Note 12: What was the stock price in November 1997 when the 1.3 million shares were given out for 2.55 cents each? Were they given away at a fair price? Were they given to anyone that has ever been involved with CVIA or companies CVIA has dealt with in the past?

I thought it was Ironic that 2.55 cents * 1,307,1909 shares = $33,333.33. Strange coincidence?

3. Note 16: In para 2, it says we were to aquire 100% of phips common stock. In para 3, we came up with only 25%. What happened here? How come we aquired 100% of the debt?

4. Note 20: Funny, 50,000 shares reversed is only worth $250 today. I hope they still have those shares : )

Mike