| Business Summary | | Corporate
Vision,
Inc.
acts
as
an
incubator,
consultant
and
strategist
to
emerging
growth
companies.
Typically,
the
Company
acquires
minority
equity
interests
in
its
clients
in
consideration
for
cash,
common
stock
of
the
Company,
or
both.
In
addition,
the
Company
agrees
to
pay
legal
and
accounting
costs
associated
with
capital
raising,
including
initial
public
offerings,
and
provides
advice
and
assistance
in
raising
capital,
corporate
structuring
and
other
financial
matters.
The
Company
has
focused
on
smaller
companies
with
a
market
value
of
less
than
$10
million
that
need
financial
assistance
and
advice
to
become
a
publicly
traded
company.
The
Company's
goal
has
been
to
recover
the
cash
outlay
associated
with
a
client
company,
plus
20%
or
less
return,
by
selling
a
portion
of
its
holdings
in
the
client
company
during
the
initial
public
offering,
and
retaining
a
5%-
to
15%-ownership
interest
in
the
client
company
following
the
public
offering. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Corporate
Vision,
Inc.
is
a
developmental
stage
holding
company,
venture
capital
and
investment
banking
company.
The
Company
ceased
its
CD-ROM
manufacturing
in
8/97.
For
the
three
months
ended
3/31/01,
revenues
fell
from
$7
thousand
to
$58.
Net
loss
fell
42%
to
$194
thousand.
Revenues
reflect
the
absence
of
a
one-time
consulting
fee.
Lower
loss
reflects
reduced
level
of
operations
and
the
absence
of
a
$12
thousand
share
loss
of
Blue
Crystal
Mining. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | A. Leon Blaser | Chairman | Gary Mays | Pres,
CEO, Director | Joseph Seibert, 66 | Vice
Chairman of Directors | Cynthia Cox | Sec.,
Treasurer, Director | William Hale, 67 | Assistant
Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|