VIIS is going though a merger now.
Nobody has the details.
Here is what I have found.
VIIS is a shell that is doing a merger now. You can call the CEO Mary Anne
Ramirez ... phone 602-870-0004 to find more information.
If you ask about the last SEC document that states they are looking for a merger
she will tell you that they are no longer looking because one was found!!!
The Market Makers don't have very much of this stock since only about
2 million shares are outstanding & the float is very small.
Read below & this is why I think this stock will have something to do with the
internet & Visa credit card over the internet. This is why I think it will be BIG!!!
August 17, 1998
VISA INDUSTRIES OF ARIZONA INC (VIIS)
Quarterly Report (SEC form 10-Q)
MANAGEMENT'S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Visa Industries of Arizona is organized for the purpose of oil and gas production and exploration; and operates a stock transfer agency. Due to the Company's limited resources and the recent low prices of energy, the company is not currently active in exploration or development activities.
The Company's current business strategy is to find a merger partner.
LIQUIDITY AND CAPITAL RESOURCES
The Company is basically self financing, through cash flow. The Company occasionally borrows funds to alleviate short term cash flow problems, but has no loans outstanding at this time. The Company currently has sufficient cash flow to continue in business.
RESULTS OF OPERATIONS
FOR THE QUARTER ENDED JUNE 30, 1998, COMPARED TO THE
QUARTER ENDED JUNE 30, 1997
For the quarter ended June 30, 1998, the Company reported a net loss of or $0.001 per share, as compared to net income of or $0.07 per share, for the quarter ended June 30, 1997.
Revenues are approximately one-third of what it was for the year earlier quarter. Gas prices have dropped precipitously. These price decreases have caused further curtailments in production as production became uneconomic. The Company believes that it can survive until prices recover, but there is no guarantee.
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FORM 10-Q SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 1998 COMMISSION FILE NUMBER 1-8322 VISA INDUSTRIES OF ARIZONA, INC. ------------------------------------------------------ (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) ARIZONA 86-0510653 ------------------------------- ------------------- (STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.) 9201 N. 7th Avenue Phoenix, AZ 85021 ---------------------------------------- ---------- (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) (602) 870-0004 ---------------------------------------------------- (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
--- Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.
OUTSTANDING AT CLASS OF COMMON STOCK MARCH 31, 1998 --------------------- ----------------- 2,219,742 SHARES
PART I. - FINANCIAL INFORMATION VISA INDUSTRIES OF ARIZONA, INC. CONSOLIDATED BALANCE SHEETS (Unaudited) ASSETS The accompanying notes are an integral part of these consolidated financial statements. Visa Industries of AZ, Inc. Balance Sheet Comparison As of March 31, 1998 Mar 31, '98 Mar 31, 1997 Current Assets Checking/Savings 1010 GENERAL CHECKING ... 1,662.20 (2,797.53) 1060 CLEARING ACCT 0.00 2,572.51 Total Checking/Savings 1,662.20 (225.02) Accounts Receivable 1200 Accounts Receivable 1,778.53 13,721.12 Total Accounts Receivable 1,778.53 13,721.12 Other Current Assets 1260 BOND INVESTMENT 1265 ALLOWANCE FOR D...(12,114.00) (12,114.00) 1260 BOND INVESTMENT... 17,932.00 17,932.00 Total 1260 BOND INVEST... 5,818.00 5,818.00 1498 MONTESSORI DAY SC... 28,518.71 4,047.45 Total Other Current Assets 34,336.71 9,865.45 Total Current Assets 37,777.44 23,361.55 Fixed Assets 1400 Fixed Assets 1500 Oil & Gas Propert... 1590 Cost of Proven ...337,769.55 337,769.55 1600 Accumulated Dep..(301,940.62) (289,633.11) Total 1500 Oil & Gas P... 35,828.93 48,136.44 1510 Furniture & Fixtures 1610 Accumulated Dep...(16,003.06) (15,623.64) 1510 Furniture & Fix... 16,288.48 16,288.48 Total 1510 Furniture &... 285.42 664.84 Total 1400 Fixed Assets 36,114.35 48,801.28 Total Fixed Assets 36,114.35 48,801.28 Other Assets 1305 BOOKSTORE-INVESTMENT 1310 Bookstore Investment 37,879.06 37,879.06 1315 REPAYMENT OF INVE...(10,443.86) (9,812.75) Total 1305 BOOKSTORE-INV...27,435.20 28,066.31 Total Other Assets 27,435.20 28,066.31 TOTAL ASSETS 101,326.99 100,229.14
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Visa Industries of Arizona is organized for the purpose of oil and gas production and exploration; and operates a stock transfer agency. Due to the Company's limited resources and the recent low prices of energy, the company is not currently active in exploration or development activities.
The Company's current business strategy is to find a merger partner.
LIQUIDITY AND CAPITAL RESOURCES The Company is basically self financing, through cash flow. The Company occasionally borrows funds to alleviate short term cash flow problems, but has no loans outstanding at this time. The Company currently has sufficient cash flow to continue in business. RESULTS OF OPERATIONS The Company basically operated at break even for the first quarter.
May 15, 1998 By: /s/ Mary Anne Ramirez ------------------- Mary Anne Ramirez Chairman of the Board and Chief Executive Officer Chief Financial Officer
This news release mentions Ticker otcbb VIIS
FineItems.COM, Continuing Success with Amazon.com Auctions, Adds Links to eToys.com, Beyond.com, CBS Sportsline and Many Other Online Venues
LOS ANGELES--(BUSINESS WIRE)--Aug. 11, 1999-- Zeros & Ones Inc.'s (OTC BB:ZOZO) retail Web portal, FineItems.COM, recently named one of the first online stores to offer items for bidding at Amazon.com Auctions (Nasdaq:AMZN - news), has established affiliate links to more than 25 noncompetitive online retailers, including eToys.com (Nasdaq:ETYS - news), Beyond.com (Nasdaq:BYND - news) and CBS Sportsline (NYSE:CBS - news).
``We've been getting phenomenal response to our FineItems.COM products not only from consumers of Amazon.com Auctions but also from industry watchdog groups like PublicEye and the Better Internet Bureau,' Holtz noted.
``That credibility has greatly helped our ability to forge these new relationships with a host of shopping sites spanning the gamut of product categories.'
FineItems.COM (www.fineitems.com), which offers high-quality collectibles and executive gifts, was recently platinum certified by PublicEye, which is regarded by many as the ``Good Housekeeping Seal of the Internet,' and also earned the highest rating from Amazon.com Auctions customers.
FineItems.COM allows shoppers to directly access PC Flowers & Gifts, ArtSelect Framed Prints, NextCard Visa (OTC BB:VIIS),
Zeros & Ones (www.zerosones.com), founded in 1994 and based in Los Angeles, is focused on content development and technical consulting services and applications for the Internet, digital television and electronic-commerce businesses.
NOTE: Zeros & Ones Inc. trades on the OTC Electronic Bulletin Board under the symbol ``ZOZO.'
Contact:
Bender/Helper Impact (media)
Les Luchter, 212/689-6360
Les_Luchter@bhimpact.com
or
Investor Communications Co. (investors)
Mark Elenowitz, 301/947-8010
webmail@iccinfo.com
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This is the owner of www.nextcardvisa.com
I'm wondering is the merger company with VIIS?
Registrant:
iRedirect.com (NEXTCARDVISA2-DOM)
4001 W 31st St #5
St Louis Park, MN 55416
US
Domain Name: NEXTCARDVISA.COM
Administrative Contact:
Manager, Site (SM23485) iredirect@HOTMAIL.COM
612-915-6124
Technical Contact, Zone Contact:
Hostmaster (HO1320-ORG) hostmaster@9NETAVE.COM
800-929-9638
Fax- 201-804-9945
Billing Contact:
Manager, Site (SM23485) iredirect@HOTMAIL.COM
612-915-6124
Record last updated on 09-Aug-99.
Record created on 09-Aug-99.
Database last updated on 13-Aug-99 04:04:18 EDT.
Domain servers in listed order:
NS2.9NETAVE.COM 216.156.2.2
NS3.9NETAVE.COM 216.156.2.3 |
