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Re: rhlytle post# 233

Tuesday, 11/21/2000 12:42:27 PM

Tuesday, November 21, 2000 12:42:27 PM

Post# of 4417
Rich, I was thinking the same thing, however, given their history I quickly disclaimed it and chaulked it up to another delay. IMO, its been shown that CVIA cannot focus on more than one project at a time. They should look to diversify some of their so-called assets and use the proceeds to buy back their own shares. I can't see them increasing the O/S so they can partner up with ECEE, nerdcard, etc. They also still have SHCC shares which can be sold for cash instead of treasury shares.

I also didn't like reading that they bought back shares from old directors at $1 so that the old directors could excersice options at .25. Directors are NOT employees and should NOT be entitled to ESOPs!

I'm still in YUK mode...



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