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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd. -- Ignore unavailable to you. Want to Upgrade?


To: jmhollen who wrote (4297)7/22/1999 1:17:00 AM
From: JJPLay  Read Replies (1) | Respond to of 7209
 
Can someone please explain the content and its significance.
Many thanks in advance.



To: jmhollen who wrote (4297)7/22/1999 6:32:00 AM
From: insight  Read Replies (1) | Respond to of 7209
 
NEWPORT BEACH, Calif., Jul 22, 1999 /PRNewswire via COMTEX/ -- Largo
Vista Group (OTC Bulletin Board: LGOV) www.largovista.com has announced
today that its 10SB filing is completed.

Largo Vista Group is the parent company of Kunming Xinmao Industrial
Petrochemical Co. Ltd., a Chinese LPG utility company with wholesale
and retail license to service all of China. Largo Vista's President and
CEO Daniel Mendez stated, "This is the first of many positive steps for
Largo Vista. The company is now working to complete our 10Q. The
company is also in the process of negotiating agreements that, if
completed, will move Largo Vista to the forefront of the Chinese LPG
industry. The company anticipates the second half of 1999 will show a
pattern of growth through acquisitions which will make our future look
very bright. With today's internet it isvery easy to research and find
Largo Vista is in the middle of the world's largest LPG market and see
that LPG demand in China will not be met until approximately 2010. New
Chinese LPG regulations passed on April 15, 1999 set a minimum
wholesale contract price and retail bottled LPG price. In effect this
law stops undercutting and provides a positive margin base."
For further information call customer relations at 949-252-2180.

SOURCE Largo Vista Group
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com -0-
CONTACT: Largo Vista Group Customer Relations, 949-252-2180