Vista International Technologies Inc (fka VVIT)

[learner1156]

Information thanks to Rattlewatch

Sent By: rattlewatch To: learner1156 Date:5/15/2008 5:04:07 AM

Hi Learner1156,thanks for the post.

From what i've read,Vista International Inc is just a group of investors.They are the ones funding Vista International Technologies Inc.(VVIT)

They appear to be willing to risk 40M USD on this venture.They funded with the 46M shares,and the 5M share buy so far.

Not saying it isn't a good buyback, but imo it may be early.Although if they are paying .10 and you are getiing it at .05 ,that isn't bad.But also imo you must be willing to wait,and accept the fact that the investors will fund at any pps in the future,the funders are dedicated already and do not care about pps at this time.

The "E" at the end of VVIT,means they are not current with the SEC filings.They didn't file their 10K on time, and if they dont file within the extended time they will face being put on the pink sheets which will hurt the pps further,imo.

Usually,on Sheffs board, we try to highlight buying of insiders that are buying with their own money on the open market.Sometimes the funders are buying and are friendly to the company(like in this case)and we mention them as well.

I'm looking for value with insider buying also,
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MOST IMPORTANT!!!
Good luck Learner
If I can help in any way feel free to PM me
rattlewatch
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$40 M funding 8K
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Dear Mr. Peach,


This letter serves to verify that a joint venture formed by Reico Enterprises Inc. and Climate Assist PNG intends to fund Vista International up to US$40 Million with an initial traunch of US$8 Million. The funding represents an equity investment in Vista by the joint venture. We expect that a portion of the funding will be used in connection with Vista’s acquisition of Nathaniel Energy Corporation.


We anticipate the initial funding of US$8 Million will be provided on an as needed basis.


We look forward to a long and mutually beneficial relationship.


Very Truly Yours,





John E. Reichmuth
CEO


http://www.sec.gov/Archives/edgar/data/1096939/000114420407053771/v089518_13d.htm