Largo Vista Group LtdShs Aktie
WKN: 915540 / ISIN: US5171041057
05.11.2007 11:00:00
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Largo Vista Signs Contract to Develop LPG Service for 192 Homes
Largo Vista Group, Ltd. DBA Zunyi Jiahong Gas Co., Ltd (OTCBB: LGOV)
announced today that it has signed a contract to develop LPG (liquid
petroleum gas) pipeline "Project Eleven" with Zunyi Yong Shen Real
Estate Development Co. Ltd. in the Guizhou Province. LPG service will be
supplied to 192 newly constructed residences. The construction of the
project is expected to begin in early 2008, and should be completed
within 100 working days after the commencement of work. Under the terms
of the control Largo Vista will be the owner of the pipeline system and
is responsible for its maintenance.
"This is Largo Vista’s
11th residential pipeline project,” according
to Chief Financial Officer, Denise Deng. "We
will continue to seek out new pipeline projects which will be
advantageous to the company.”
LGOV provides China with environmentally friendly energy alternatives
and is the leader for residential LPG pipeline construction in that
region. The Guizhou Province has a population of over 40 million. Largo
Vista Group, Ltd. has headquarters in the U.S., with offices in China. www.largovista.com
Largo Vista makes written and oral statements from time to time
regarding its business and prospects, such as projections of future
performance, statements of management's plans and objectives, forecasts
of market trends, and other matters that are forward-looking statements
within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended. Statements containing the words or phrases "will
likely result," "are expected to," "will continue," "is anticipated,"
"estimates," "projects," "believes," "expects," "anticipates,"
"intends," "target," "goal," "plans," "objective," "should" or similar
expressions identify forward-looking statements, which may appear in
documents, reports, filings with the Securities and Exchange Commission,
news releases, written or oral presentations made by officers or other
representatives made by Largo Vista to analysts, stockholders,
investors, news organizations and others, and discussions with
management and other representatives of Largo Vista.
Largo Vista's future results, including results related to
forward-looking statements, involve a number of risks and uncertainties.
No assurance can be given that the results reflected in any
forward-looking statements will be achieved. Any forward-looking
statement made by or on behalf of Largo Vista speaks only as of the date
on which such statement is made. Largo Vista's forward-looking
statements are based upon assumptions that are sometimes based upon
estimates, data, communications and other information from suppliers,
government agencies and other sources that may be subject to revision.
Except as required by law, Largo Vista does not undertake any obligation
to update or keep current either (i) any forward-looking statement to
reflect events or circumstances arising after the date of such
statement, or (ii) the important factors that could cause Largo Vista's
future results to differ materially from historical results or trends,
results anticipated or planned by Largo Vista, or which are reflected
from time to time in any forward-looking statement which may be made by
or on behalf of Largo Vista.

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