Cavico Corp (fka CAVO)

[prokopton]

Anyone here?

I found two contrasting views on CAVO below. It'll be interesting to see which one unfolds.

I bought at $0.006 when the market cap. was about $25,000, thinking the company would fold and someone would buy it as a shell company and pay $100K-200K for a reverse merger.


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Dec. 17, 2012

"Management had substantial insider holdings in 2010 (see Annual Report) and they probably increased their holdings in August 2011 by conversion of a 200K Cavico loan at very favorable terms ( see topic of July 1, 2011, message of July 5, 2011).

If Cavico should decide to submit last years quarterly and annual reports to the SEC the share price could easily jump to $ 1 or even $ 5+. To my knowledge Cavico had positive earnings in the recent quarters."

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"They will never do anything there is no company at all.
I called there number its been changed, there website is no longer up, the address listed for headquarters belongs to a bank. This was all smoke and mirrors the scammed me as well to the tune of 20k , If anyone buys one share of this scam company they are as sharp as a bowling ball."


http://finance.yahoo.com/mbview/threadview/?&bn=58bd39fe-dbbb-3653-8888-77d477f10e21&tid=1355183305636-816cf2f5-14fc-4f8a-afb0-64717644c1b3&tls=la%2Cd%2C0%2C3