Viva Announces Filing of Annual Report.MIAMI Miami, cities, United States Miami (mīăm`ē, –ə). 1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. -- Viva International, Inc. announced this morning that it had completed its annual report and subsequent filing of Form 10-KSB with the Securities and Exchange. Confirmation of the SEC filing was received late yesterday afternoon. Robert Scott, Viva's Chairman, said, "We are pleased to have finally completed the annual report and now be able to concentrate our efforts on our Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. subsidiaries as we push forward in our plans to commence scheduled flight scheduled flight schedule n → vol régulier scheduled flight schedule n → Linienflug m and cargo operations to complement our chartered service". Mr. Scott, in commenting further on the 2004 annual report, said, "Even though we have yet to start producing revenue the 2004 report yielded some favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. news. The spin offs of our inactive subsidiaries resulted in reportable gains of $933,094. Additionally, the spin offs will result in the realization of $400,000 that can be used by the Company to settle existing liabilities thereby improving our balance sheet. For the year ended December 31, 2004, the Company reported an overall loss of $361,904 resulting in a loss per weighted average share of $.02 cents". This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe", "expect", "intend", "anticipate", "project", or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Further information on potential factors that could affect Viva International, Inc. is found in the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other documents filed with the U. S. Securities and Exchange Commission. |
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