Do not invest in Vista Continental Corp. (VICC) stock before you read this free research report on the company. View Alberto DoCouto's business profile as Founder at Vista Continental Corporation and see work history, affiliations and more. THE COMPANY The Company was originally formed as a Delaware corporation in 1958 under the name Carrtone Laboratories, Inc. The Company pursued various business operations that ultimately proved unsuccessful. Since. About Vista Continental Vista Continental Corporation is a natural resource company engaged in the acquisition, exploration and development of mineral resource properties.The Company controls substantial mining claims in the.
Vista Continental Corporation in Las Vegas, NV 89145 - Reviews - Lookup its Nevada Secretary of State Registration. Vista Continental Corp. - - Vista Continental is a mineral company based in Las Vegas, United States. Free Online Library: Vista Continental Corporation Announces Their Acquisition by Century Laboratories Inc. by 'Business Wire'; Business, international.
Vista Continental Corporation Announces Their Acquisition by Century Laboratories Inc. Business Editors LAS VEGAS- -(BUSINESS WIRE)- -June 1. Vista Continental Corporation announced the completion of its acquisition by Century Laboratories Inc. OTCBB: CYLI) on 6 June 2. In the acquisition, 3. Century Laboratories Inc.
Vista Continental Corporation. Following the acquisition, Century Laboratories Inc. Century Laboratories Inc. Company Mining Operations "The closest geologic comparisons," to the claims containing rare earths, zircon and strategic metal deposits controlled by Vista Continental Corporation are "the veins and placer deposits of the Mother lode belt of California and the Eastern Australia gold belt." - - in the words of International Consulting Geologist A. David V. Heyl from a geology report commissioned and paid for by Vista Continental Corporation. Rare earths, zirconium and zirconium oxides are viewed as essential elements in advanced technology - - such as superconductive magnets for high- velocity trains, genome research, advanced optics and solid oxide fuel cell research - - and project a value far greater than the strategic metals alone. Regarded as cornerstones to the development of modern technology, the demand for rare earths grew by 2.
The demand for zirconium and zirconium oxides is also on the rise and according to the U. S. Geologic Survey on Mineral Commodities Summaries January 2. Mr. Heyl's 7 March 2. Vista's nine claims concludes, "The total potential value for the property's geologic resource is $1. U. S." The total potential resource value stated in the report for the two claims comprises: rare- earth oxides - - $4. U. S.; zircon - - $3. U. S.; ilmenite - - $1.
U. S.; and gold - - $1. U. S. These are stated as gross revenue figures before any operational costs or other expenses associated with the mining, transport, refining, storing and delivering of materials. The value of these claims is simply staggering. Vista owns nine claims outright and is in negotiation for 2. Also, the $1. 0. 7. Dr. Lawrence W. Nash, CEO and President of Vista Continental Corporation.
A March 1, 2. 00. Certificate of Assay on the holdings' Rare Earths by a leading and independent analysis and testing firm, Rare Metals Corporation of 2.
Palms, CA (Lab ID# L- 0. Zirconium (2. 34,8.
Scandium (4. 9. 9. Yttrium (5. 68. 7.
Lanthanum (1,1. 19. Cerium (2,5. 21. 3. Praseodymi (6. 35. Samarium (2. 79. 9. Europium (3. 0. 7. Gadolinium (1. 82. Terbium (1. 67. 1.
Holmium (6. 0. 4. Erbium (2. 54. 3. Thulium (8. 6. 3. Ytterbium (2. 68. Neodymium (9. 64. Dysprosium (1. 96. Lutetium (2. 4. 0.
The corporate ventures of Mr. Alberto Do. Couto, through his companies, hold a controlling interest in Vista Continental Corporation. The combined mineral deposits of Mr.
Do. Couto's companies and Vista Continental Corporation comprise approximately 2. South America. Vista owns nine claims outright and is in negotiations for 2. Mr. Do. Couto's companies.
However, there are no guarantees that Vista will be successful in additional acquisitions. Nevertheless, Vista's nine claims - - consisting of approximately 4. Harvesting the rare earths, zirconium and gold at 1.
Vista Continental Corporation has already invested approximately $3,3. Mr. Do. Couto's companies have already invested approximately $3,7. According to Acres International in a 6 February 2. Scoping Study Report contracted and paid for by Vista Continental Corporation, "A considerable amount of effort and capital expenditures has been spent to prepare the project for production .. It is Acres' opinion the plant as built is satisfactory and will perform to acceptable standards .. Acres considers it to be above industry standards for remote locations." Comprehensive international operations are expected to commence within six months, including a refinery on the island of Santa Maria in the Azores, which is part of the European community - - the details of which will be released under a separate announcement. We believe Vista is going to be a major player in the growing world market, capable of uninterrupted long- range delivery of rare earths, zirconium and zirconium oxides at competitive prices.
We have no capitalized debt and can expect the capability to fund our operations for many years to come from the gold revenue alone. The depth of our resources, strategic advantages of our planned refining and delivery systems and our strong environmental impact policy will, we believe, build shareholder value over the long term as the demand for rare earths grows even stronger," said Vista Continental Corporation CEO and President Dr. Lawrence W. Nash. Stock Transaction In an earlier transaction, on 1. February 2. 00. 1, Vista Continental Corporation conducted a private placement stock offering wherein 2. Upon completion of the private placement offering on 1.
February 2. 00. 2, Vista Continental Corporation had 3. Shares of Century Labs Inc. June 2. 00. 2 at $3. OTCBB. Safe Harbor for Forward- Looking Statements: Except for historical information contained herein, statements are forward- looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1. Forward- looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections.
These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings. Vista Continental Corporation. All rights reserved.