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

To: Phil(bullrider) who wrote (4417)	7/30/1999 11:12:00 PM
From: puddinhead	Read Replies (1) \| Respond to of 7209

Bullrider Vvvvvvveeeeeerrrrrrryyyyyyy interesting.

To: Phil(bullrider) who wrote (4417)	7/30/1999 11:43:00 PM
From: jmhollen	Read Replies (2) \| Respond to of 7209

NOTICE (..and WELCOME..) TO ALL INTERESTED PARTIES: Before you let anyone deter you from making a thorough, personal investigation of: Largo Vista Group, Ltd. [otc/bb: LGOV] largovista.com Please, go check it out for yourself. The previous poster, bull(whatever), owns NO SHARES in the company and solely wishes to "..bash.." the company for his own self-serving enjoyment. His sole purpose for meddling with this company is to support several world-class boneheads we refer to as AINNONites. He does this by re-directing you to half-truths, unrelated and/or out-of-context weblinks, and by libeling the officers of the company or legitimate, stockholding, posters on the thread. Reference: AINNON; American Institute for the Nattering Naybobs Of Negativism (..may include former White House Travel Office clerks and money jugglers..). In short, bull(whatever) is obviously so bored with his own life(?) and investments, he finds it necessary to muck about with LGOV by regurgitating whatever detractive snippits he can drag up. AINNON and/or AINNONites are a collection individuals whom generally can't get two coherent or connected sentences out, in tandem, without misused words and atrocious spelling errors. You will find that most of them bought into LGOV at the heights of a Day Trader driven POP, and have been belly-aching about their mistimed gamble ever since. Investors they are NOT..!! They even have their own thread, : LGOV: For the Serious(ly disturbed) Investor, Subject 21058 - which nobody ever posts to until they've been here to find out what's going on. ********************************** As far as salaried personnel associated with the firm, if you have any questions, please call the office at (949) 252-2180 and make any inquiries you desire of Mr. Mendez, the company president. He's considerably better informed than some drop-in, non-owner yayhoo. The following gentlemen may well be some of the salaried candidates not specifically identified - as they have been elected to the new Board of Directors, and are international heavyweights, capable of helping to propell this business to considerable stature. Mr. John Rosati Mr. Rosati, is a senior executive recognized leader, both nationally and internationally, in the formulation, administration, operation and management of advanced technology organizations and programs. For over 30 years, Mr. Rosati has achieved a superior track record in profit-making and in the creation, development, administration, operations and management of highly successful new businesses in wide spectrum of technologies and applications in information systems, design automation, manufacturing automation, data base management systems, computer networking, telecommunications, neural networks, and artificial intelligence. A graduate of UCLA, Mr. Rosati's connection and service with UCLA continues in the following capacities: Board of Trustees, UCLA FoundationAlumni Advisory Board, Computer Science Department; Chancellor's Associates and life-member UCLA Alumni Association. Mr. Alan Wolman Served as the President of Diversified Planning Corporation, an investment firm based in Beverly Hills, California that specialized in new public offerings of smaller Southern California based companies and took Diversified Planning public in 1970. While with TRW Mr. Wolman was responsible for installing the company's overhead cost control system. Later served as the project Administrator on two major aerospace programs. Entered the field of Real Estate in 1972 as a partner of Hulett, Sharp & Wollman, a firm that specialized in site acquisition for major corporate clients. Later, in 1981, formed his own commercial real estate firm which does securitized real estate investments, consulting and other selective business services. Graduated UCLA, Bachelor of Science - Finance Graduated USC, MBA - Industrial Management. Mr. William Yuan** Mr. Yuan has an investment banking background that spans over 15 years. He presently serves on numerous board of directors for established and upcoming companies. William Yuan attended Cornell University and Harvard University from 1978-1983. His career in investment banking began in 1983 working for Goldman Sachs in Mergers & Acquisitions. He served as the Investment Manager and Senior VP of Asset Management at Solomon-Smith Barney. At Merrill Lynch, Mr. Yuan was the head of Equity and he was responsible for managing a hedge fund with One Billion Dollars in capitalization. In 1996, he invested in Reliance Management Co., an entertainment distribution company; and he serves as CEO of Angel Light Entertainment, Inc. Presently, Mr. Yuan also serves on the Board of Directors of GUMTECH International, and on the advisory board of Affinity Asset Management. Most of us feel like the company will do it's Phoenix act in the very near future. Please come join us. Regards, John :-)

To: Phil(bullrider) who wrote (4417)	7/31/1999 6:52:00 AM
From: jan_mike	Read Replies (2) \| Respond to of 7209

These are points to consider, which I have, so point by point I will give my take: <XINMAO had sales of about 1.4M for the year ending 3/31/99. This was about $500k or nearly 30% less than 1998. Since LGOV owns 2/3 of XINMAO, LGOV's sales/revenues were around $900k. Costs of sales were very close to sales, so there was a gross profit to LGOV of around $75k. Now the management of LGOV has stated that they are fully staffed with two employees and two "outside service providers". ( I wonder if the hypester is one of the two? ) These four people burn about $513k annually, even after the reductions in salary the hypester previously gloated about. Just in salary. $513k in salary for $75k in gross profit?> The revenue sucks. Their explanation sucks. I don't care which I'll elaborate on later. Who said the outside service providers were individuals, or that they didn't provide multiple services? I would clarify that point more before jumping on it. <Don't forget about office rent. $4k per month for two people. No wonder Dan is available to answer the phones at almost any time, he is most likely lost in the office and looking for his desk.> This doesn't seem like either a large sum or a relatively large rental sum to me. Not worth examination. <Now we get to XINMAO. The people that generate the money for LGOV. There are reportedly 84 employees that make $46,000 annually. ALL OF THEM - INCLUSIVE Anyone that doesn't see a problem here?> I would have expected this to be a little higher too, but a billion Chinese willing to work for slave wages isn't news. That's their entry ticket into the world economy. Cheap goods produced by cheap labor. Another company CEO once told me he could hire at least three fully qualified engineers in Malaysia for the price of one in New York State. You complain about high salaries in one paragraph and low salaries in the next one. How's that work? < Now for the good news. In 1997/98 they lost $2,732,268. Last year they only lost $1,095,991. They only lost half as much in 1998/99 as 1997/98. They only sold half as much also. Does that mean if they quadruple sales, they will quadruple losses?> You show revenue and earnings tracking in exact proportion to each other. Your conclusion is ass backward from your supporting data. You might want to rethink this one. <One more minor point. Outstanding shares increased from 179,635,655 in 1997/98 to 182,878,257 in 1998/99. No one has a problem with the additional dilution?> This is not the direction you want share count to go. My calculation shows this to be an increase of .001805099221791 which in English is less than two one thousanths, or two tenths of one percent. The statistical significance of this is so far out there as to be truly meaningless. It's the statistical equivalant of tipping my paper boy two cents for 5 weeks of newspaper. <Okay, one last point. Total current liabilities: $5,237,826> This is ugly too, but brings me to my global conclusion. The pipelines are carried on the books at whatever their depreciated cost is. The nightmare process of replicating this endeavor, even for a huge company, is not reflected in this number. It is and was my belief that what these guys have is potentially extremely valuable to even a major corporation. Like Mobil oil size. The entire current market cap of LGOV is probably less than what Mobil pays for office space. That liability is probably less than what they spend on corporate professional subscriptions. 5 years of groundwork and good will, not to mention the actual physical structures in place could worth a premium over the existing share price. Current operating results haven't diminished the size of the potential market. The other licenses may possibly be unbundled and resold further reducing the acquisition costs. <Have fun> Expect to, but without molesting any farm animals. Disclaimer: I don't own enough to really care what happens. It's a fun lottery ticket that keeps having new drawings.