China/Energy: Largo Vista Group Announces New Executive Management
NEWPORT BEACH, Calif., Aug. 19 /PRNewswire-FirstCall/ -- Largo Vista Group Ltd. (OTC Bulletin Board: LGOV) announced today that the Board of Directors has accepted the resignation of Daniel Mendez, former President and Acting Chief Executive Officer. Mr. Mendez will pursue other interests, but will remain on the Board.
(....it's not like Mendez hasn't been "..acting.." [ while pursuing his other interests ] all along....)
Mr. Deng Shan, Chairman of the Board, has been appointed Interim Chief Executive Officer. It has been, and continues to be, Mr. Deng's vision to build Largo to a level of prominence throughout Asia, and Mr. Deng will continue to focus all of his efforts on creating revenues for Largo through his relationships in Asia.
Mr. Edward Deese has been appointed Interim Chief Operating Officer. Mr. Deese, with a BS in Economics from University of California, Irvine, has been involved in the public arena for over fifteen years and was an Officer and general manager of two companies that went public through IPO. Recently, Mr. Deese was a founder of a private bio-technology company with a private market capitalization exceeding $100 million. Mr. Deese was responsible for establishing the administrative team of the company and managing the day-to-day operations, from start-up to 65 employees.
The Board believes that, with Mr. Deng's vision and Mr. Deese's fiscal background and ability to manage emerging growth companies, the Company will make a new charge towards profitability and respectability. If the Board of Directors is satisfied with the progress of the Company under Deng and Deese, "Interim" status will be removed after six months.
Largo Vista Group Ltd. is an energy company that distributes liquid petroleum gas (LPG) in Southern China, providing the Chinese government with a replacement to current coal and wood energy sources, thereby providing environmentally friendlier energy alternatives.
Additional information can be obtained on the Company's website at www.largovista.com .
For more (..totally bogus..) information call investor relations 949 252 2180.
SOURCE Largo Vista Group Ltd.
CONTACT: Investor Relations, Largo Vista Group Ltd., +1-949-252-2180
Web site: largovista.com
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