"...Build AMERICA in China....."
NEWPORT BEACH, Calif., May 14 /PRNewswire/ -- Largo Vista Group Ltd. (OTC
Bulletin Board: LGOV) (www.largovista.com) has announced that Kunming Xinmao Industrial
Petrochemical Co., Ltd., a subsidiary of Largo Vista, has broken ground on two new LPG
pipeline projects in China's Yunnan Province, where the company's first projects have already
been completed. These new installations are the second LPG projects in each of two different
counties. The Yuxi County installation is due for completion July 1st. To date, Largo Vista has
seven pipeline projects in various stages: three are completed, and four are now under
construction. The last four will add over 20,000 customers to the company's current roster.
Largo Vista Group President, Daniel Mendez, stated: "Our shareholders should see a new trend
as our first projects come on line. We want to remind our shareholders that Largo Vista's first
priority is to become a fully reporting company. While acknowledging there are no delays, our
filings have to be accurate before we can achieve that goal. By being very careful that our
accounting is done properly, we are completing the steps needed to become fully reporting.
"Meanwhile, as our projects get more recognition, our growth is increasing. We see a lot of
positive factors. As an example, Kunming City (pop 3.5 million) has just made it illegal to sell
coal. This development obviously gives a boost to the LPG market, and that means a boost to
Kunming Xinmao Petrochemical and Largo Vista."
SOURCE Largo Vista Group Ltd. |
