Blue Vista Commencing Debt Settlement
February 12 2009 - 12:40PM
Marketwired
Blue Vista Technologies Inc. ("Blue Vista")(NEX: BV.H) announces
that it will be settling an aggregate of $371,601.05 of
indebtedness to various creditors through the issuance of up to
7,432,021 common shares of Blue Vista, in order to strengthen the
company's balance sheet.
Completion of the conversion is subject to regulatory approval
and the securities to be issued will be subject to a four-month
hold period.
Shares Outstanding: 3,627,001
Contacts: Blue Vista Technologies Inc. Mr. Alex Falconer
President (416) 862-8243 (416) 862-7214 (FAX)