CVI Development, Inc. Announces Completion of First Land Purchase.Business Editors MANCHESTER, N.H., & TULSA, Okla.--(BUSINESS WIRE)--April 17, 2000 CVI CVI C (Language) Virtual Instrument CVI Clinical and Vaccine Immunology (journal) CVI Chronic Venous Insufficiency CVI Coastal Vulnerability Index CVI Canaan Valley Institute Development Inc., an operating subsidiary of Corporate Vision Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CVIA CVIA Computer Virus Industry Association ) announce today the completion of its first land purchase. The tract consists of 46 acres in New Boston, N.H. Site work on the property will begin late next week. This property is a Master Planned Housing Development already being marketed by Sullivan Properties. Additionally, CVI Development has entered into acquisition negotiations with Earthworks earthworks: see land art. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , and Waller Construction Group. Eric Farris, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CVI development stated, "Earthworks specializes in site work for construction projects and would bring, in-house, capabilities that CVI Development currently has to contract for." "The equipment, experience and contacts that Earthworks brings to the table could also lead to additional development opportunities in Hookset, N.H." said Keith Anderson, CEO & President of CVIA Waller Construction Group is a construction management company located in New Boston, N.H. WCG's expertise and 27 years in the construction management business, specializing in very high-end residential and commercial construction, would allow CVI Development Inc. to concentrate on land evaluation and acquisition, along with materials negotiations and strategic alliances and acquisitions. CVI Development also anticipates a dividend distribution to shareholders of Corporate Vision Inc. to be initiated prior to month-end. The record date for this distribution will be announced shortly. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement: Except for historical information contained herein, the statements in this Press Release are Forward-Looking Statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-Looking statements involve known risk and uncertainties, which may cause the Company's actual results in the future to differ materially from forecasted results. Corporate Vision, Inc. has been recently profiled in TheStockAdvisor Newsletter. For more information about Corporate Vision, Inc., send email to mailto:cvia@thestockadvisor.com. or visit http://www.thestockadvisor.com . |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion