America Asia Petroleum Corp. (fka AAPU)

[poster44ny]

Publication: PR Newswire
Publication Date: 01-SEP-04
Delivery: Immediate Online Access

Article Excerpt
Acquisition Launches 18 Year Old Company into Worldwide Crude Oil and Asphalt Markets

Vitallabs, Inc. announced the acquisition of the US-China based The Chirico Group, Inc. The Chirico Group is a company established in 1985, which has been providing bilateral commerce between companies in the West with those in China. The Chirico Group has created successful profit centers in product development, manufacturing, construction, distribution, joint ventures and operational services.

In the acquisition, the stockholders of The Chirico Group received approximately 90% of the equity in Vitallabs, through a voting, convertible preferred stock, in exchange for their interest in The Chirico Group. At the time of the transaction, Vitallabs was not engaged in any business.

Frank Pinnizzoto, officer and director of Vitallabs, resigned immediately following the closing, and Anthony Chirico was appointed as President and...
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