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


To: flash who wrote (1928)5/15/1999 2:34:00 AM
From: grw5  Respond to of 3596
 
Hey, flush. The warrants were already out there. If you want to exercise them do it. If not, eat'em. You got 2 weeks to decide.

...and the offer is still standing. 12 shiny quarters for 4 grungy old dollars as many as you can send me.

George



To: flash who wrote (1928)5/15/1999 5:44:00 AM
From: Bill Ulrich  Read Replies (1) | Respond to of 3596
 
flash, could you show us the documentation and/or calculations which support your latest post? I'm not trying to give you a hard time—I just want to see the documentation and figures you're looking at, so I can better understand your point of view. It might be beneficial to the thread if you can precisely point out, in detail, what I'm missing. Seeing the actual math would be exceptionally helpful:
______________________________
you've got it all wrong. it my understanding the company doesn't have to honor the warrants. if the company really cared about us (shareholders) they would just give us a 2.5 forward split. what it comes down to is that the company wants our money and for what? they haven't offered up an excuse for the true reason of why we have to pay 3 bucks a share for our own dilution. it's inflationary and for what.



To: flash who wrote (1928)5/15/1999 10:11:00 AM
From: Michael Graham  Respond to of 3596
 
flash, your last post had several incorrect statements:

1. "...it my understanding the company doesn't have to honor the warrants.

If you want to exercise the warrants, you do it through your broker, not the company. The company has no say. From an investing standpoint, you would be foolish not to exercise the warrants, unless the difference between the Strike price ($3.00) and the current Bid price ($4.00) times the number of warrants, is less than the brokers free to exercise them.

2. "if the company really cared about us (shareholders) they would just give us a 2.5 forward split."
A bigger split just gives each shareholder more shares, but it does not give you a bigger piece of the company. For example, if you had 1% of the company before the split, you would still have 1% of the company after the split. If the company really cared, they would give out preferred shares for free, which is what they did. That's like free money in the bank.

3. "...they haven't offered up an excuse for the true reason of why we have to pay 3 bucks a share for our own dilution. it's inflationary and for what."
First of all, you don't have to exercise your warrants. So your statement "have to pay" is wrong. Secondly, the company has stated on several occasions what the money would be used for. You just don't know. Also, the current CEO didn't issue the warrants. In fact, he has stated publicly that he can't wait until they expire.

Your posts here are obtuse and inflammatory. It's quite obvious that you don't know what your taking about. CVIA shareholders are a well informed, tightly knit family. Your in way over your head if your going to try to tell us what is going on here.

Mike



To: flash who wrote (1928)5/15/1999 10:42:00 AM
From: Russ Howard  Respond to of 3596
 
...and one further comment..

if the company really cared about us...

If this is a philosophy you use to invest, you're just one step away from disaster. This company, any company is in business to improve their bottom line...make money. Investing and taking the ride on that bottom line should be an educated decision. If your measurement of care is the company giving things away rather than making sound business decisions, you're delusional. Just look at the mess The United Way is in, here in CA, with such a practice.

This company is much better than many OTCs, as KA has been "one of us" during the bad times, bad caring for you is not his primary concern.

As somebody has already pointed out, grow up.



To: flash who wrote (1928)5/15/1999 3:47:00 PM
From: Mad_Mouse  Read Replies (1) | Respond to of 3596
 
LMAO!!!! flash, you obviously didn't read to the bottom of KAA's post or you would've realized that you were telling the CEO of CVIA that he was wrong about the warrants of his own company. LOL!!!

A 2.5 to 1 forward split? Here's the math: start with 10 shares, after 2-1 split you have 20 shares, plus 1 P converts to 10 shares which gives you 30 shares. This is 3 to 1. Or you start with 10 shares, add 10 shares from exercising warrants, after 2-1 split you have 40 shares, plus 1 P gives you 10 more shares, for a total of 50 shares. You bought 20 shares and ended with 50 which is 2.5 to 1.

Why should we pay 3 bucks per share? Even a monkey knows that if he pays 3 bucks per share then turns around and sells them for 4 bucks per share, he will make a profit which he can use to buy himself more bananas (unless he owns so few shares that the conversion fee and selling commission is greater than the profit). But you said that you had tons of warrants which means that your cost is less than your profit.

flash, thanks for the laugh!!!



To: flash who wrote (1928)5/15/1999 4:58:00 PM
From: K A Anderson  Read Replies (1) | Respond to of 3596
 
Ok fair 'nuff you are asking legitimate questions. So I will try to give you the answers. First I dont know where that info came from, but its not true. In fact just the opposite. We know we have a liquidity issue, we are using the warrants as part of this to get the the stock more liquid and then we are using the forward split to not only increase the liquidity but to also give the warrant bearers the chance to also participate in the forward split... also.

I am the CEO of CVIA, so there is no they ... I post information publicly, and really try to stand behind the things I post... not only to you but whoever may be reading this information, for all I know the SEC is one of those reading these posts also... and thats fine with me, I try to give you and the public honest answers.

First these warrants were not my idea, they were inherieted from the past administration. But followed through on something someone else started, I will be the first to admit I dont like warrants, but chose to honor the terms that where set before, I had any say in the matter.

Like you said you can let the warrants expire, and some people will do this, so its kind of hard to budget the unknown. But most importantly the money that the warrants generate will be used mostly to hire a support staff, make some acquisitions and fund a few more impartial third party IPO's.

Now there is really no dilution taking place, because the book value is significantly less than the $3 strike price. So the inbound capital will really be bringing the book value per share up.

We chose to do this forward split following the expiration date of the Warrants, simple because we are trying to offer a better deal for the warrant holders and also to improve the liquidity and the volume traded per day. So yes the forward split was done with both the warrant bearers and the overall shareholders in mind.

Basically like every other company on the market, we could have chose to sale stock on the open market to generate capital... but didnt, because we knew that it would hurt the current shareholders... at this very moment anyone that executes or executed their warrants at $3 could immediatly turn around and sell at $4. So it is a two way street, the company has to make money the shareholders have to make money. This was done with the shareholders... the ones that took a beating on this 300 to 1 reverse split in mind, I know because at the time of the reverse split I was the largest shareholder and was mad enough to do something about it as was other shareholders. So I have been really focused on restoring the value to this stock.

I hope this answered some of your questions, if not I will try again, but we have been and will continue to honor these warrants... I am speaking for the company when I say this, and if you dont think I am honoring what I say... well you know where to find me.

KAA
CVIA CEO