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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 (781)1/5/1999 5:20:00 PM
From: campe  Read Replies (1) | Respond to of 3596
 
Keith, tell me what I'm missing with the Archival CD spin-off...

You mentioned in a RB post..."In the case of Archival we (CVIA) will hold several million shares in our Corporate Treasury.

I'm trying to understand (or better yet, speculate) the ARCH (my ticker guess) stock structure.

From old conversations, I'm assuming 50% remains with ARCH, 25% is kept by CVIA and 25% is given out to shareholders as dividends, 1 share for every 7 of CVIA,

So if CVIA maintains several million shares of ARCH and that represents about 25% of the company, and 25% is distributed (also several million shares), it somehow doesn't add up to the 1:7 ratio with our current O/S share count.

Another way of I looked at it is...

with 850K CVIA shares O/S (approx 425K float + 425K excercised warrants), it would result in about 120K shares of ARCH distributed (not millions) as dividends with should represent 25% of ARCH (per my assumption).

I just don't see where CVIA is getting millions of shares of ARCH for the treasury.

Where is my disconnect and what am I missing? I have some ideas, but figure this is confusing enough for now. <g>

thanks...