CVI 0.00% 0.3¢ cvi energy corporation limited

the grapevine thread...

  1. 16,229 Posts.
    I held shares at the times these emails were received, so reckon I can post 'em. There's no disclaimer. Feel free to add - you lot will have much better gear than me - but dyor re the legals.

    If the email you received is a duplicate of what someone else received please make this clear, as this would clearly make that email a published doc.



    14 December 2007

    “You will not see CityView's name : only local African groups'names will be evidenced : we are with them”


    20 Feb 2008

    “announcement tomorrow”

    9 March 2008

    "The placements were all made under the facility we have with Global .

    This facility has been a lifeline for CityView as it enables us to access
    cash instantly over the telephone at a time when the world is suffering a banking crisis .

    I cannot think of anyone else who could have given us money on 24 hours notice with no questions asked . Why did they do it ?
    They really believe that CityView has struck a winner and their
    clients are going to make a fortune

    Whilst we are building our asset base in Angola we are constantly
    having to meet unexpected commitments at short notice . The key is speed . Because we have been so quick in our response , we have been able to get what we want .

    Global have been very good for CityView . They got the $ 100 million
    facilty for the oil permits over Xmas . They got the $ 200 million
    backing for the refinery . They gave us cash over the telephone
    and have distributed the shares over hundreds of individual clients .

    You will be pleased to know that we are coming to the end of our cash facility . I am only permitted to draw down a further 7.5 million shares
    and that is it . They want all future funding after this remnant to be
    institutional funding at 30 cents per share , otherwise none of their
    clients will be making the returns they are demanding .

    We have now got enough assets in CityView to attract the institutions
    so we no longer have to live from hand to mouth

    Am in New York all this week telling the CityView saga to the US institutions

    Regards

    Mark Smyth"



    4 April 2008

    “I will do an Update next week.
    Everything is going very well for CVI in Angola”



    14 May 2008
    “The key is to get the Angolans to think CityView is their company”



    17 June 2008
    “It arrived today” (Caplin report)

    Mark”



    5 July 2008

    “You forgot the Fortitude shares we also got in addition to the Pensador shares

    Pensador is covering all operational expenditure , thank heavens . The speed with which
    the various operations eat up money is enormous .

    CityView's only expenses now are its own administration expenditure in Australia

    Our Company Secretary will be filing the cash balance figures in the quarterly statement he has to
    do by 15 July

    Regards

    Mark Smyth”




    16 July 2008

    “Quite simple : we are backcharging a lot of our costs back to Pensador

    We have offloaded all our operating costs and I am delighted

    Regards

    mark smyth”




    Cheers all.

    Doggy.
 
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