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[Gene-discuss] VIVI Adds $6 Million in New Revenue


From: SmallCapNews
Subject: [Gene-discuss] VIVI Adds $6 Million in New Revenue
Date: Thu, 13 Oct 2005 11:19:03 -0800

We issued a Trading Alert on Viva International (OTCBB: VIVI) last November when the stock was trading at just $.04 a share and watched as it skyrocketed to $.76, a gain of almost 2000% in a matter of weeks. Well it looks like the stock might be moving to new highs again as they announced the acquisition of Regions Air (www.regionsair.com).

Company: Price Alerted High Since Alert % Gain Day Alerted Days After Alert to High
ELU $.90 $1.34 48.9% July 31, 2005 Aug 11, 2005
HESG $.87 $1.26 44.8% July 20, 2005 Aug 2, 2005
EDNE $2.76 $9.96 260.9% June 6, 27 2005 Aug 1, 2005

Established in 1996, RegionsAir, is a regional air carrier that provides commuter air service to small-and-medium sized communities in the Southeast and Midwest. RegionsAir operates their fleet of commuter aircraft as "American Connection" in a number of markets under an operational agreement with American Airlines (NSYE: AMR). Yes that American Airlines.

For the fiscal year ended December 31, 2004, RegionsAir posted operating revenue of approximately $24 million . So with this acquisition VIVI now has revenues of over $24 million but the share price has not caught up with actual value. VIVI has been trading the past 6 months between $.11 and $.16 with almost no revenues giving it a market cap range of a paltry $4.95 million to $7.2 million. So if VIVI was worth that with no revenues what is it worth now over $24 million in revenues? Let's take a look at some other low cost air carriers.

JBLU LUV VIVI
Market Cap * 1.99B 11.94B 9.9M
P/S (Price/Sales) 1.38 1.73 0.04125

So if we valued VIVI with the same metrics as these other airlines then VIVI's market cap (share price X shares outstanding) should be somewhere in the range of $33 million - $41.5 million. Which would give us a share price in the range of $62-$.92 and that is a gain of 300% to 450% above Friday's close. This announcement came so quickly it has caught the public off guard giving us a great opportunity. This looks to be one time where the little guy (you and us) can have the opportunity to get in on the ground floor.

Look at the chart below and tell me which company has the best chance of making a huge move to the upside?

New Developments at Viva/RegionsAir


Smyrna (Nashville), Tennessee, October 13, 2005 - Viva International, Inc. (VIVI.OB) announced today that in conjunction with its decision to acquire RegionsAir that it will be providing a fleet of SAAB 340 aircraft to RegionsAir for use in providing service under recently awarded new Essential Air Service routes. The company will provide additional details of the acquisition of the aircraft and terms thereof soon.

By order dated September 9, 2005, the US Department of Transportation (DOT) selected RegionsAir to provide subsidized Essential Air Service to Parkersburg, Morgantown and Clarksburg/Fairmont, West Virginia for a two year period, establishing a combined subsidy rate of $1,051,333 per year for service to Cincinnati utilizing SAAB 340 aircraft.

Fred Breeden, Executive Vice President and Chief Financial Officer of RegionsAir, Inc., commented, "We are pleased with the DOT’s decision to select RegionsAir for the new West Virginia routes. This moves our operation into cabin class service and will add approximately $6 million annually in gross passenger revenues to our Company. We are anxious to place the SAAB 340’s into usage and anticipate an orderly transition."

As previously announced on October 7, 2005, Viva has issued an irrevocable letter of intent to acquire RegionsAir. In existence since 1996, Tennessee based RegionsAir is a privately held air carrier providing regional commuter air service to cities in Missouri, Iowa, Illinois, Indiana, Kentucky and Tennessee. RegionsAir DOT filings report gross operating revenues approximately $24 million for the year ended December 31, 2004. RegionsAir operates some of its routes as "American Connection" in a number of markets under an operational agreement with American Airlines (NSYE:AMR).


About Viva International

Viva International, Inc. ("VIVA") is a publicly traded aviation holding company (VIVI.OB) in the business of developing and/or acquiring aviation related entities with beneficial air service certificates and economic rights, collectively referred to as "VIVA." The Company’s strategy is to capitalize on centralized operational infrastructure and combined resource allocation of our internal holdings to service routes in "niche" markets domestically and internationally. Viva’s group of companies provides high quality products and services to the air travel industry with a heavy emphasis on the Caribbean market. RegionsAir, Inc., under a recently executed Irrevocable Letter of Intent – Acquisition Agreement, is VIVA’s primary operator located domestically in Smyrna (Nashville), Tennessee. In addition, the Company has operations in the Caribbean located in San Juan, Puerto Rico and Santo Domingo, Dominican Republic under Eastern Caribbean Air ("ECAIR") and Viva Air Dominicana, S.A. ("Viva Air"), respectively. The Company’s corporate headquarter is located in Traverse City, 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.

________________________________________


Contact:

Viva International, Inc. @ (231) 932-7490 or Pier S. Bjorklund @ (888) 336-8482


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