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


To: Paul R Hnott who wrote (490)3/25/1998 11:45:00 PM
From: Dusty  Read Replies (2) | Respond to of 7209
 
Paul and All:

Just reading over the release again and the impact of the following really slapped me up side the head...

Customers contract with Xinmao for the *life* of the pipeline, estimated at 40 years. The average construction cost per household is only $240 USD, which includes labor, pipeline, and meter installation. The typical household is then billed for 5 cubic meters of LPG per month at $6 dollars USD over the ensuing 40 years, subject to price increases as indicated.

Question? Is this fee in addition to fees charged for gas usage? I will be checking this out you can be sure. I will post it.

Just for fun... 40 (yrs.) X 12 (months) = 480 months X 6.00 = 2,880.00 less cost of installation, labor and meter 240.00 nets 2,640.00 dollars per user!

Well, Dusty, 40 years looks like long term stuff to me ... grin.

NOW... multiply 2,640.00 X number of customers = plenty money ...

See, I told you I smelled money... LOL

BTW, Paul, or anyone who wants to increase holdings do it SOON or you will be paying more money for your stock... JMO

Dusty



To: Paul R Hnott who wrote (490)3/26/1998 12:09:00 AM
From: Dusty  Respond to of 7209
 
Paul,

I really appreciate your comment on the NO hype aura here. There are some very dedicated shareholders here and have done everything in our power to avoid even the slightest hint of Hype.

A good company does not need to be pumped facts speak for themselves and while it has been a LONG dry spell while waiting for Largo to define itself, I feel it will be well worth the wait.

If you have read my postings you know I believe we are sitting on a CROWN JEWEL and any wait is worth it.

Just knowing that Largo has some brilliant minds and goal directed people running it,instills confidence.

I consider myself a pretty good judge of character. I can say in all honesty that after speaking to Dan Mendez, our president, a few times I came away with the *gut* feeling this is an honest, intelligent and hard working person who dedicated to doing all in his power to make Largo a huge success.

But, as I always say, do your own DD, it is your money. If you bet on your neighbor's horse and he comes in last all your have accomplished is getting one step closer to the poor house. What is right for me may not be your cup of tea. I can only speak for myself.

Dusty