To: Bob Walters who wrote (25 ) 5/14/1998 6:35:00 AM From: jpbp Read Replies (2) | Respond to of 295
NEWS and READ carefully - keyword ILLEGAL Company Press Release SOURCE: Largo Vista Group Ltd. Largo Vista Group Announces Yiliang and Fumin Pipelines NEWPORT BEACH, Calif., May 14 /PRNewswire/ -- Largo Vista Group Ltd. (OTC Bulletin Board: LGOV - news; 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. Now..friends......indeed it it time to ponder what that means..... 1. There are no delays (translates they anticipated this amount of time needed - DO NOT WORRY) 2. Illegal to use coal...how much more blatant can ANYTHING BE. John Ms. Wu in Apt 22 is now really pissed...hubby better get moving and NOW. It's a largo day. jp