Published:
Viva International Addresses Late Year End Filing
Viva International, Inc. (OTC BB: VIVI)
issued a press release this morning indicating that an "E" has been added
to its symbol (VIVI) due to its 10KSB having been filed without the
prerequisite financial audit and accompanying opinion by the Company's
outside auditing firm. The press release indicated that arrangements are
in progress that will provide for the audit to take place over the next few
weeks to result in an amended 10KSB for 2005 to be filed shortly
thereafter. Management indicated that the first quarter accounting for the
period ended March 31, 2006 is expected to be available to the auditing
firm prior to their completion of the 2005 year end audit. Management
expressed confidence that this matter is under control and will not
adversely affect the Company's previously announced plans to restart
operations through its Eastern Caribbean Airlines subsidiary upon
completion of required pilot training.
About Viva International
Viva International has a number of airline and aviation-related interests
including two developmental-stage carriers being readied to operate in
regional markets from hubs in Puerto Rico and Santo Domingo, Dominican
Republic.
The Company plans to create a network of regionally based airlines across
the Caribbean, eventually to be linked to key points in the United States,
Latin America, South America, and Europe.
At present, the Company maintains executive offices in Michigan.
This press release contains forward-looking statements 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 and other documents filed with the U.S. Securities
and Exchange Commission.
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Tags: ,Aerospace and Defense:Aircraft, TransportationandLogistics:AirFreight, TransportationandLogistics:PublicTransportation, TravelandHospitality:Airlines, ,MI,TRAVERSE CITY, MI
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