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Bill, I don't quite understand what you mean in this post.
You mentioned you had some candidates for financing...did you want to send me an executive summary and/or business plan?
If so, where should I contact you?
Have a very Happy Thanksgiving!
Eugene, new highs would be above $2.50; I certainly hope you're right in what you say.
Happy Thanksgiving!
Eugene said to me:
"...I love you..."
Deep down inside I always knew that you felt this way about me. LOL
johnson, are you authorized to speak for Bill Tuorto or Corporate Vision?
If you are then you need to make such a declaration before offering to proxy Bill Tuorto's thoughts.
Your comments here today again show your ignorance of the facts. Bill did not say no. He said he wanted to wait until the reorganization of the company was complete and he would revisit the situation.
You have a difficult time keeping with what's really going on don't you, EJ? LOL
Bill,
The financing vehicle would be neither S-8 nor a debenture of any kind.
It would be done as debt, not equity financing, thus no dilution to shareholders.
It's a very unique way to finance, and if CVIA were for real...an excellent way to finance their business plan.
The money wouldn't simply be handed over. It would be done in tranches along with the other comfort features I itemized in my post to Anglr that would protect the investment and by implication, the shareholders.
I'm not trying to be evasive, but discussing this issue at length here on IH is not the best place.
Suffice it to say that if there is a there there that is financible, then there are ways to structure the deal that would ensure that the money would be utilized in a proper fashion, i.e. oversight, inspection, covenants, escrow requirements, etc.
If we can ascertain that a real business could be realized utilizing CVIA operations and assets then we the financing can create a runway for the company to make money and at last give shareholders a real chance to be made whole.
I think, but don't know, that the company did not want to open themselves up to due diligence examination. But, who knows, maybe Bill will surprise me.
And any 1st grader could have come up with Bill's story.
Bill's story, however, is not true.
The phone log speaks for itself.
Did Bill tell you why he was not interested in the $5M in financing that I could have made available to the company?
Now that's a question worth asking.
johnson, you said: BS is overwhelming...
But you're used to being overwhelmed by BS aren't you? LOL
yes, johnson, developments will come, but will they be meaningful enough to add real value to this company and its stock??????????????????
So by all means stand by...I just hope you have enough stamina to stay on your feet long enough to see these developments arrive as you are getting up in years aren't you?
My phone bill with the date I called and spoke to Bill is proof enough. Of course you could say that I called and spoke to someone else, but my refutation, my rebuttal to that is I don't speak to anyone at CVIA for 30-60 minutes on a phone.
Richard barely will talk and God forbid that Greg Gibson actually spoke to a shareholder.
So, my phone is proof that I spoke to Bill...case closed.
I'm not interested in playing the games here that we played on RB. I don't care if I speak to you. If Bill wants to conveniently forget or lie to you about our conversations so what...I could care less what he tells you.
However, Bill knows differently than what he conveyed to you.
You're the one who wanted the powwow, you're the one who chickened out.
I knew you'd find a way to chicken out, johnson.
I knew you'd find a way to chicken out, johnson.
johnson you get something right for a change other than your immpecably perfect calls on CVIA stock.
This is the original email:
Posted by: ST James
In reply to: johnson1 who wrote msg# 1969 Date:11/16/2003 7:09:11 PM
Post #of 1993
Fine. Give me two times next week that you are available and YOU call Bill and confirm the times are good.
I will call Bill and he will hook us up.
My original post asked you to work it out with Bill.
You call Bill, give me two dates and I will let you know which one works for me and we will talk.
BTW, Bill, if EJ is a stuckholder why does he continue to buy?
Those are not the actions of someone who is stuck.
EJ is to call Bill and get a time when Bill is available.
If I have no conflicts, I will be glad to talk.
So far EJ has not accomplished the above.
And yes, I will ask those questions.
OT: Parameters?
Well, in general, a business plan and model that is financiable; i.e. in or near profitability, all employee taxes paid, competent management, significant key customers or contracts, competitive/first mover/market leader advantage in their space, etc.
Let me know when you're ready and we'll discuss.
I don't believe that you continue to buy CVIA stock...at least not with your own money.
One should be careful making buys where you get reimbursed on the back end don't you agree?
yes johnson strum a few bars on your banjo and then pull out your fiddle while Corporate Vision burns.
Bill,
I will try Bill Tuorto one more time before taking any remedial action.
Last I heard Gifford and Rhonda were under indictment and being tried. What I heard was they were on their way to jail...don't know if that's what's happened yet, but I think they have been reined in.
At some point Keith, Ray Hall, Ray Hall's family and others may be in a similar position of having to explain to legal authorities their actions while at CVIA.
Yes, I agree...in their minds things are going according to plan...and also going into their pockets as planned. JMO
Do you have any worthy companies that merit a quality financing and/or third party investment?
johnson, have you confirmed the rumor?
BTW, whatever happened to Green. Don't tell me he finally realized that he was wrong?
That's very interesting, Bill, but not surprising.
Keith does tend to move around a lot...for obvious reasons.
Bill let me ask you a question I've asked you before in various forms: What do you think we should do vis-a-vis what's happened at CVIA and with current management and its various actors and affiliates and the roles they've played in some very dubious at best actions they've undertaken in behalf of the Tuortos. Example: Gibson's mother? Gibson himself, a CEO who never seems to really have done anything other than act as a figurehead?
I've talked to the company. I've offered to help them, but keep getting told the time is not right or we'll talk more about this after such and such gets takens care of or cleaned up.
Time goes by...years go by...still the same inertia, same stonewalling...same stock result -- increased dilution, decreasing price.
That's destruction of shareholder value don't you think...which is as I recall illegal.
Anyone know if this is still Keith's address?:
4912 S. 86th East Avenue
Okay.
I should have said that I will post here the time I will call Bill...you do the same and we'll talk.
Fine. Give me two times next week that you are available and YOU call Bill and confirm the times are good.
I will call Bill and he will hook us up.
I don't understand what you are trying to say in the last paragraph.
As for Bill, let's do a three way conference call and we can confirm that and other things.
After saying that you don't want the whole story, you now say that you do want the whole story.
I'm very glad to hear you say that!
I look forward to you sharing your "luster-filled" summary with the shareholders of CVIA.
Bill,
I did not mean to imply that Stony's went kaput, but it is my understanding that because of the financial engineering required it was essentially non-performing for CVIA.
They are supposedly bringing a new operation, or perhaps newly organized operation which may also include Stony's.
I do admit that my info may be stale as I haven't spoken to Bill in a couple of weeks...so if Eugene has more current info he should share it.
It could be some of all of that. I also think WIEN is working with them.
Bill also talks to people...I assume johnson is one of them, but I also know johnson doesn't get the total real story that others get, as typified by the incompleteness of his knowledge that is indicated in his posts.
The real insiders don't post here, or anywhere...unless they are flaks and paid promoters.
How is my pipeline - whatever that means - off track?
What's the reason for the volume?
Bill, things are in such a tangle - intentionally I'm sure - I really don't know what to say except to say there has been all kinds of 'financial engineering' inside the company which will supposedly at long last allow Jezco to be advanced commercially, as well as give this company yet another chance to knock the ball out of the stock investor park, plus hooking us up with some other entity a la the string of other other entities -- a string that by no means adds up to a string of pearls -- and I suppose go through the same dog and pony show we've already done several times which has resulted in nothing but people getting a lot of our paper and giving nothing back to shareholders.
Does anyone think that management is that incompetent? I don't.
I think they do things very competently...for their own pocket.
I talk to Bill T. He's a bright guy, probably a decent attorney, but I think he'd make an even better used car salesman.
So, if you are familiar with the company then you agree with what I said, which is that there presently is no operating company performing for shareholders.
Yes, there is the prospect of some company being "plugged in" to the existing trading shell, and perhaps the stock going up is indicative that this is about to happen.
I assume that since you are familiar with the company then you are aware of what I just stated above. Is that true?
If so, what do you like about the prospect of the new operating business that will become the next guise/legal pretext under which this company will present itself to the market and the reasons why this new operating entity will attract new investor dollars???????
johnson, I'm sure you know that CVIA has no operating company right?
Rich, I'm glad we agree.
One point of clarification, I did say "certitude" not "certain." However, I am 'certain' that you have many good stories to tell about the vagaries of the law.
jas, did you have a chance to take a look at the MM or MMs involved the past several sessions?
Is WIEN the primary player?
What I'm saying is that the company has a legal obligation to honor the 'going effective' of those preferreds.
My source is the PR issued after the Board made the decision to issue the preferreds and the special features of those preferreds which includes the issuance of common shares if certain milestones are not achieved.
As I recall you are an attorney. Are you not persuaded of the legal certitude of this issuance?
You see Eugene we can agree...the preferreds should and will be honored.
This expression of your belief gives me hope that you will one day understand that I am on the right side of your money and not to the contrary.
My guess is that WIEN is being accommodative and doing a "solid" for someone in the CVIA family, or something similar on the part of another friendly MM.