To: Matt Brown who wrote (4434 ) 11/17/1999 1:25:00 PM From: Mr Metals Respond to of 5041
I LOVE CHINA....YEEEEEEEEEHAAAAAAAAAAAA:-))))))) Check out LGOV largovista.com China and Oil stock both are Hot. NEWPORT BEACH, Calif., Nov. 17 /PRNewswire/ -- Largo Vista Group (OTC Bulletin Board: LGOV) the parent company for Kunming Xinmao Petrochemical Industrial Co Ltd, a Chinese Liquid Petroleum Gas company, announced today an agreement had been reached to enter into a joint venture with United Arab Petroleum Corp. headquartered in Riyadh, Saudi Arabia. UAPC's core business is retail petro stations and the trading of bunker fuels. The Company represents a major portion of the wholesale business in the Arabian Gulf. The joint venture objective is to develop a market for sale of petrochemicals in the Pacific Rim under Largo Vista's Sino-Foreign JV licenses. The licenses allow for the processing, retail, wholesale, import and export of crude oil. President and CEO Daniel Mendez noted, "With this agreement the value of our licenses is starting to show. A supply of crude from the gulf will allow Largo to seek processing contracts from the central government to use Chinese refineries to process gulf crude for export only. This move will effectively bring down Largo Vista's LPG costs and complement its LPG operations. This will position Xinmao as a major supplier of petroleum products in that region. In effect the JV comprising of Largo Vista and UAPC believe it can offer very low competitive prices in Condensate, Gasoline, Kerosene, Diesel Oil, Fuel Oil, LPG and Aviation fuels to Indochina (Vietnam, Laos, and Kampuchea) and compete with all major suppliers in that region. Largo, closing 1999 as a reporting company will pursue acquisitions to increase it's LPG operations and under it's Largo's goal is to become the largest LPG utility company in China." For further information call Investor relations at 949 252 2180 licenses, secure contracts for sale of it's petroleum products into 2000. SOURCE Largo Vista Group Ltd. -0- 11/17/1999 /CONTACT: Largo Vista Group Ltd., Investor Relations, 949-252-2180/ (LGOV) CO: Largo Vista Group Ltd.; Kunming Xinmao Petrochemical Industrial Co. Ltd.; United Arab Petroleum Corp. ST: California, China, Saudi Arabia IN: OIL SU: JVN *** end of story *** If You do not use this service and would like to be removed from this list please send a reply with remove as the subject. GOOD LUCK TO ALL ANDY DISCLAIMER: THIS IS NOT A SOLICITATION TO BUY OR SELL STOCKS AND I DO HAVE A RIGHT TO BUY OR SELL THIS OR ANY OTHER STOCK WITHOUT NOTICE AND THAT EVERYTHING CONTAINED WITHIN IS BELIEVED TO BE ACCURATE TO THE BEST OF MY KNOWLEDGE AND ALWAYS DO YOUR OWN DD .PLEASE REMEMBER THESE ARE ONLY MY OPINIONS DO NOT MAKE INVESTMENTS ON MINE OR ANYONE ELSES OPINIONS DO YOUR OWN RESEARCH. INVESTING IN THE OTC MARKET THOUGH VERY PROFITABLE TO SOME IS ALSO VERY DANGEROUS. The SEC has issued an investor alert to help investors evaluate investments promoted on the Internet. "Internet Fraud" tells investors how to spot fraud and how to use the Internet to invest wisely and avoid costly mistakes. "Never, ever, make an investment based solely on what you read in an online newsletter, E-Mail letter or Internet bulletin board, especially if the investment involves a small, thinly-traded company that isn't well known," said Nancy M. Smith, Director of the SEC's Office of Investor Education and Assistance. "Assume that the information about these companies is not trustworthy unless you can prove otherwise through your own independent research." "Internet Fraud" is available on the SEC's Web site, at sec.gov . PLEASE BE CAREFUL.