| Home Page : Archive News : June 2011 News : Steve Muehler, President of Alta Vista Companies, announced today a Direct Public Offering for "Alta Vista Companies Mining & Mineral Rights Fund" | |
Steve Muehler, President of Alta Vista Companies, announced today a Direct Public Offering for "Alta Vista Companies Mining & Mineral Rights Fund" | |
|
June 25, 2011 Steve Muehler, President of Alta Vista Companies, today announced a Public Stock Offering of Ten Million "Pre-Public Offering" Convertible Preferred Stock Shares in the State of California. Beverly Hills, C.A.- Mr. Steve Muehler of the Beverly Hills based "Alta Vista Comapanies", today announced its direct public offering (DPO) of 10,000,000 Pre-IPO shares of Convertible Preferred Stock Units that are being offered at U.S. $0.50 per share. This ground-floor investment opportunity is available to current customers, affiliate partners and the public in the State of California. A DPO is a pioneering form of financing and an innovative, cost-effective way for an established business to acquire needed expansion capital. In turn, it provides investors an affordable opportunity for a minimum investment of $5,000. Alta Vista Companies Mining & Mineral Rights Fund I filed a Form D with the Securities and Exchange Commission (SEC) detailing information about the firm and the offering. The company also filed an Issuer Statement and Small Corporate Offering Registration relating to these securities with the State of California's Attorney General's office. Mr. Steven Muehler, President of the Beverly Hills based Alta Vista Companies said, "Over the past 10 years prices of commodities such as oil and copper have surged on strong demand growth from China, India and other developing economies. Copper, used widely in power and construction, hit a record high of $10,190 a ton just this past February. That compares with levels around $1,500 a ton back in 2002." China is the world's largest consumer of copper, accounting for nearly 40 percent of global demand estimated at around 19 million tons last year. "To make any investment in commodities you have to be a believer in China, India and emerging markets," Muehler said, adding that more than 50 percent of all commodities demand growth in the last 10 years was due to China. "If Chinese copper consumption per capita (per head) goes from 5 kgs to 10 kgs or (overall) goes from six to 10 million tons, just think what sort of impact that would have on the copper market." Copper supplies are expected to be constrained, partly because of deteriorating ore grades, and expectations are for a small deficit this year. To date, the Company has received investments from private investors and /or has been self-funded for its development. Proceeds from the DPO will be used to provide working capital to expand on the success achieved by the Company to-date. Company is currently in the process of obtaining public listing on the German Frankfurt Exchange and the US OTC Market. About Alta Vista Companies. Founded in 2008, Alta Vista Companies is a leading energy, bioFuels, oil & natural gas, mining & mineral rights and real estate equity investment banking firm with offices in: California, Florida, Brazil and Canada. The Company's website can be viewed at: http://www.altavistacompanies.com To view a prospectus or for general inquiries, you may send an email to: LEGAL@AltaVistaCompanies.net This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. All trademarks and service marks are the property of the respective parties. NEWS SOURCE: Alta Vista Companies Mining & Mineral Rights Fund I Corporation Source: http://www.1888pressrelease.com/steve-muehler-president-of-alta-vista-companies-announced-pr-313714.html |
|
