<PAGE>

                 U. S. Securities and Exchange Commission
                         Washington, D. C.  20549

                              FORM 10-KSB

[X]  ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

     For the fiscal year ended June 30, 1999
                               -------------

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

     For the transition period from               to
                                    -------------    -------------

                        Commission File No. 0-28002


                           VIS VIVA CORPORATION
                           --------------------
              (Name of Small Business Issuer in its Charter)

         NEVADA                                            87-0363656
         ------                                            ----------
(State or Other Jurisdiction of                     (I.R.S. Employer I.D. No.)
 incorporation or organization)

                      124 South 600 East, Suite 100
                       Salt Lake City, Utah  84102
                       ---------------------------
                 (Address of Principal Executive Offices)

                Issuer's Telephone Number:  (801) 359-0833



                               N/A
                               ---
       (Former Name or Former Address, if changed since last Report)

Securities Registered under Section 12(b) of the Exchange Act:   None
Name of Each Exchange on Which Registered:                       None
Securities Registered under Section 12(g) of the Exchange Act: Common stock,
                                                              $0.01 par value

     Check whether the Issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the Company was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.

     (1)   Yes  X    No            (2)   Yes  X    No
               ---      ---                  ---      ---

     Check if disclosure of delinquent files in response to Item 405 of
Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of Company's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form
10-KSB or any amendment to this Form 10-KSB.  [ ]

State Issuer's revenues for its most recent fiscal year:   June 30, 1999 -
$75,508.

<PAGE>

     State the aggregate market value of the voting stock held by
non-affiliates computed by reference to the price at which the stock was sold,
or the average bid and asked prices of such stock, as of a specified date
within the past 60 days.

     June 30, 1999 - $75,878.13.  There are approximately 607,025 shares of
common voting stock of the Company held by non-affiliates.  The Company has
valued these shares based on the average bid price of $0.125 per share during
the quarterly period ended June 30, 1999.

               (ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
                       DURING THE PAST FIVE YEARS)

                              Not Applicable.

                 (APPLICABLE ONLY TO CORPORATE ISSUERS)

          State the number of shares outstanding of each of the Issuer's
classes of common equity, as of the latest practicable date:

                                September 20, 1999

                                    1,375,000
                                    ---------


                    DOCUMENTS INCORPORATED BY REFERENCE

          A description of "Documents Incorporated by Reference" is contained
in Item 13 of this report.

Transitional Small Business Issuer Format   Yes  X   No
                                                ---     ---
<PAGE>
                                  PART I

Item 1.  Description of Business.
         ------------------------

Business Development.
---------------------

     The Company has not engaged in any material business development
activities in the fiscal year ended June 30, 1999.  On August 9, 1999, which
is subsequent to the period covered by this Report, the Company entered into a
Memorandum of Intent with WideBand Corporation, a Missouri corporation
("WideBand"), whereby the Company agreed to issue 12,801,819 "unregistered"
and "restricted" shares of its common stock to the existing stockholders of
WideBand in exchange for all of the issued and outstanding shares of
WideBand's common stock.  The execution of this Memorandum of Intent was
disclosed in a Current Report on Form 8-K dated August 9, 1999, which was
filed with the Securities and Exchange Commission on August 24, 1999, and
which is incorporated herein by reference.  See Item 13 of this Report.

     On September 6, 1999, which is subsequent to the period covered by this
Report, the Company and WideBand executed an Agreement and Plan of Merger
setting forth the terms of the merger (the "Plan").  Upon the completion of
the Plan, the operations of the Company would become the operations of
WideBand.  WideBand is engaged in the development, manufacture and marketing
of high performance computer networking products.  A copy of the Plan is
attached hereto and incorporated herein by reference.  See Item 13 of this
Report.

     The holders of a majority of the Company's issued and outstanding common
stock will be consenting to the consummation of the Plan.  The Plan will also
require the approval of WideBand's stockholders.  There can be no assurance
that the WideBand stockholders will approve the Plan or that it will be
completed.  Until such time as the Plan is completed, the Company will
continue to be a "blank check" company.

Business.
---------

     Other than seeking and investigating potential assets, properties or
businesses to acquire, and executing the Plan with WideBand, the Company has
had no business operations since its inception in September, 1980.  To the
extent that the Company has sought the acquisition of assets, property or
business that may benefit the Company and its stockholders, the Company is
essentially a "blank check" company.  The WideBand merger, or any other merger
or acquisition transaction that the Company may enter into, will require the
Company to issue shares of its common stock as the sole consideration for the
acquisition. This may result in substantial dilution of the shares of current
stockholders.

     The Company's Board of Directors and majority stockholders (i.e., Jack R.
Coombs and John Michael Coombs) have made the decision to complete the
WideBand merger and, in the event that that merger is not completed, will make
the final determination whether to complete any subsequent merger or
acquisition. The Company makes no assurance that its operations after the
completion of the WideBand merger (or, if the WideBand merger is not
completed, any other enterprise) will be profitable or successful.

     In the event that the Company closes the WideBand merger or engages in
any other transaction resulting in a change of control of the Company and/or
the acquisition of a business, the Company will be required to file with the
Securities and Exchange Commission a Current Report on Form 8-K within 15 days
of such transaction. A filing on Form 8-K also requires the filing of audited
financial statements of the business acquired, as well as pro forma financial
information consisting of a pro forma condensed balance sheet, pro forma
statements of income and accompanying explanatory notes.

     In the event that the WideBand merger is not completed, management
intends to consider a number of factors prior to making any decision as to
whether to participate in any specific business endeavor, none of which may be
determinative or provide any assurance of success. These may include, but will
not be limited to an analysis of the quality of the entity's management
personnel; the anticipated acceptability of any new products or marketing
concepts; the merit of technological changes; its present financial
condition, projected growth potential and available technical, financial and
managerial resources; its working capital, history of operations and future
prospects; the nature of its present and expected competition; the quality and
experience of its management services and the depth of its management; its
potential for further research, development or exploration; risk factors
specifically related to its business operations; its potential for growth,
expansion and profit; the perceived public recognition or acceptance of its
products, services, trademarks and name identification; and numerous other
factors which are difficult, if not impossible, to properly or accurately
analyze, let alone describe or identify, without referring to specific
objective criteria.

     Regardless, the results of operations of WideBand or any other specific
entity may not necessarily be indicative of what may occur in the future, by
reason of changing market strategies, plant or product expansion, changes in
product emphasis, future management personnel and changes in innumerable other
factors. Further, in the case of a new business venture or one that is in a
research and development mode, the risks will be substantial, and there will
be no objective criteria to examine the effectiveness or the abilities of its
management or its business objectives. Also, a firm market for its products or
services may yet need to be established, and with no past track record, the
profitability of any such entity will be unproven and cannot be predicted with
any certainty.

Principal Products and Services.
--------------------------------

     The limited business operations of the Company, as of the date of this
Report, involve those of a "blank check" company. The only activities to be
conducted by the Company during the fiscal year ended June 30, 1999, have been
to manage its current assets and to seek out and investigate the acquisition
of any viable business opportunity by purchase and exchange for securities of
the Company or pursuant to a reorganization or merger through which securities
of the Company would be issued or exchanged.

     In the event that the WideBand merger is completed, as to which there can
be no assurance, the Company will take over the operations of WideBand.

Distribution Methods of the Products or Services.
-------------------------------------------------

     Upon the completion of the WideBand merger, as to which there can be no
assurance, WideBand's distribution methods of its computer networking products
will become the distribution methods of the Company.  In the event that the
Company is unable to complete the WideBand merger, management will seek out
and investigate business opportunities through every reasonably available
fashion, including personal contacts, professionals, securities
broker-dealers, venture capital personnel, members of the financial community
and others who may present unsolicited proposals; the Company may also
advertise its availability as a vehicle to bring a company to the public
market through a "reverse" reorganization or merger.

Status of any Publicly Announced New Product or Service.
--------------------------------------------------------

     None; not applicable.

Competitive Business Conditions.
--------------------------------

     If the Company is able to complete the WideBand merger, as to which there
can be no assurance, the Company will face the same competitive environment
currently faced by WideBand in connection with its computer networking
operations.  If the WideBand merger is not completed, management believes that
there are literally thousands of "blank check" companies engaged in endeavors
similar to those engaged in by the Company; many of these companies may have
substantial current assets and cash reserves. Competitors also include
thousands of other publicly-held companies whose business operations have
proven unsuccessful, and whose only viable business opportunity is that of
providing a publicly-held vehicle through which a private entity may have
access to the public capital markets. There is no reasonable way to predict
the competitive position of the Company or any other entity in this regard;
however, the Company, having virtually no operating history, would likely be
at a competitive disadvantage in competing with entities which have recently
completed IPO's and have operating histories when compared with the extremely
limited operating history of the Company.

Sources and Availability of Raw Materials and Names of Principal
Suppliers.
----------

     None; not applicable.

Dependence on One or a Few Major Customers.
-------------------------------------------

     None; not applicable.

Patents, Trademarks, Licenses, Franchises, Concessions, Royalty
Agreements or Labor Contracts.
------------------------------

     None; not applicable.

Need for any Governmental Approval of Principal Products or
Services.
---------

     On the effectiveness of the Company's Registration Statement on Form
10-SB, the Company became subject to Regulation 14A regarding proxy
solicitations, which was promulgated by the Securities and Exchange Commission
under the Securities Exchange Act of 1934, as amended (the "1934 Act").
Section 14(a) of the 1934 Act requires all companies with securities
registered pursuant to Section 12(g) thereof to comply with the rules and
regulations of the Securities and Exchange Commission regarding proxy
solicitations outlined in Regulation 14A. Matters submitted to stockholders of
the Company at a special or annual meeting thereof or pursuant to a written
consent shall require the Company to provide its stockholders with the
information outlined in Schedules 14A or 14C of Regulation 14; preliminary
copies of this information must be submitted to the Securities and Exchange
Commission at least 10 days prior to the date that definitive copies of this
information are forwarded to stockholders.

     Management is currently preparing an Information Statement on Schedule
14C, which will provide information to its stockholders with respect to the
pending WideBand merger.

     The Company is also subject to the provisions of Section 13 of the 1934
Act.  Under applicable rules and regulations promulgated by the Securities and
Exchange Commission pursuant to this Section, the Company is required to file
(i) an annual report on Form 10-KSB with the Securities and Exchange
Commission within 90 days of the close of each fiscal year (Reg. Sections
240.13a-1 and 249.310b); (ii) a quarterly report on Form 10-QSB within 45 days
of the end of each of the first three quarters of its fiscal year (Reg.
Sections 240.13a-13 and 249.308b); and (iii) a current report on Form 8-K
within 15 days of the occurrence of certain material events (e.g., changes in
accountants, acquisitions or dispositions of a substantial amount of assets
not in the ordinary course of business) (Reg. Sections 240.13a-11 and
249.308).  In addition, annual reports on Form 10-KSB must be accompanied by
audited financial statements as of the end of the issuer's most recent fiscal
year.  These reporting requirements may deter potential reorganization
candidates that are not willing to undergo the public and agency scrutiny
resulting therefrom.

Effect of Existing or Probable Governmental Regulations on
Business.
---------

     The integrated disclosure system for small business issuers adopted by
the Securities and Exchange Commission in Release No. 34-30968 and effective
as of August 13, 1992, substantially modified the information and financial
requirements of a "Small Business Issuer," defined to be an issuer that has
revenues of less than $25 million; is a U.S. or Canadian issuer; is not an
investment company; and if a majority-owned subsidiary, the parent is also a
small business issuer; provided, however, an entity is not a small business
issuer if it has a public float (the aggregate market value of the issuer's
outstanding securities held by non-affiliates) of $25 million or more.

     The Securities and Exchange Commission, state securities commissions and
the North American Securities Administrators Association, Inc. ("NASAA") have
expressed an interest in adopting policies that will streamline the
registration process and make it easier for a small business issuer to have
access to the public capital markets. The present laws, rules and regulations
designed to promote availability to the small business issuer of these capital
markets and similar laws, rules and regulations that may be adopted in the
future, will substantially limit the demand for "blank check" companies like
the Company, and may make the use of these companies obsolete.

     In the event that the Company completes the merger with WideBand, the
Company's operations will become subject to all of the governmental regulation
to which WideBand's operations are subject.

Research and Development.
-------------------------

     None; not applicable.

Cost and Effects of Compliance with Environmental Laws.
-------------------------------------------------------

     None; not applicable. However, environmental laws, rules and regulations
may have an adverse effect on the Company following the completion of the
WideBand merger or the completion of any other merger or acquisition
transaction to which the Company may become a party.

Number of Employees.
--------------------

     None.

Item 2.  Description of Property.
         ------------------------

          Other than cash and its holdings of corporate stocks and bonds, the
Company has virtually no assets, property or business; its principal executive
office address and telephone number are the business office address and
telephone number of its President, John Michael Coombs, and have been provided
at $1,319 and $1,819 for the years ended June 30, 1999, and June 30, 1998,
respectively.  Because the Company has had no business, its activities during
the fiscal year ended June 30, 1999, were limited to keeping itself in good
standing in the State of Nevada and to preparing and filing the appropriate
reports with the Securities and Exchange Commission and investigating
potential merger or other acquisition candidates. These activities have
consumed an insubstantial amount of management's time.

Item 3.  Legal Proceedings.
         ------------------

     The Company is not a party to any pending legal proceeding. To the
knowledge of management, no federal, state or local governmental agency is
presently contemplating any proceeding against the Company. No director,
executive officer or affiliate of the Company or owner of record or
beneficially of more than five percent of the Company's common stock is a
party adverse to the Company or has a material interest adverse to the Company
in any proceeding.

Item 4.  Submission of Matters to a Vote of Security Holders.
         ----------------------------------------------------

          No matter was submitted to a vote of the Company's security holders
during the fourth quarter of the fiscal year covered by this Report.  Jack R.
Coombs and John Michael Coombs, who collectively own approximately 55% of the
Company's issued and outstanding common stock, intend to vote to approve the
completion of the WideBand merger.  The Company also intends to call a special
meeting of stockholders immediately before the anticipated closing of the
WideBand merger, at which the Company's remaining stockholders will be
permitted to vote on such merger.  However, Messrs. Coombs and Coombs own
sufficient shares to approve the WideBand transaction and the approval of the
other stockholders is not necessary.


                                  PART II

Item 5.  Market for Common Equity and Related Stockholder Matters.
         ---------------------------------------------------------

Market Information
------------------

     The Company's common stock is quoted on the OTC Bulletin Board of the
NASD under the symbol "VISV"; however, the market for shares of the Company's
common stock is extremely limited. No assurance can be given that the present
limited market for the Company's common stock will continue or will be
maintained, and the sale of the Company's common stock pursuant to Rule 144 of
the Securities and Exchange Commission by Jack R. Coombs or his wife, Margaret
V. Coombs may have a substantial adverse impact on any such public market. See
Item 11 of this Report.

     The high and low closing bid prices for shares of common stock of the
Company for each quarter within the last two fiscal years are as follows:

<TABLE>
<CAPTION>

                                        Bid
Quarter ending:             High                   Low
---------------             ----                   ---
<S>                         <C>                    <C>

September 30, 1997           1/4                    1/4

December 31, 1997            1/4                    1/4

March 31, 1998               1/4                    1/4

June 30, 1998                1/4                    1/4

September 30, 1998           1/4                    1/4

December 31, 1998            1/4                    1/8

March 31, 1999               1/8                    1/8

June 30, 1999                1/8                    1/8

</TABLE>

     These bid prices were obtained from the National Quotation Bureau, LLC
("NQB") and do not necessarily reflect actual transactions, retail markups,
mark downs or commissions.

     No assurance can be given that any "established public market" will
develop in the common stock of the Company, regardless of whether the Company
is successful in completing the WideBand merger or any other acquisition,
reorganization or merger deemed by management to be beneficial for the
Company, or if any such market does develop, that it will continue or be
sustained for any period of time.

Holders
-------

     The number of record holders of the Company's common stock as of the date
of this Report is approximately 168.

Dividends
---------

     The Company has not declared any cash dividends with respect to its
common stock and does not intend to declare dividends in the foreseeable
future. The future dividend policy of the Company cannot be ascertained with
any certainty, and until the Company completes the WideBand merger or any
other acquisition, reorganization or merger, as to which no assurance may be
given, no such policy will be formulated.  There are no material restrictions
limiting, or that are likely to limit, the Company's ability to pay dividends
on its common stock.

Item 6.  Management's Discussion and Analysis or Plan of Operation.
         ----------------------------------------------------------

Plan of Operation.
------------------

      The Company has not engaged in any material operations or had any
revenues from operations since its inception or during the last two fiscal
years. The Company's plan of operation for the next 12 months is to complete
the WideBand merger and continue with the business operations of WideBand, or,
if the WideBand transaction is not completed, to continue to seek the
acquisition of assets, properties or businesses that may benefit the Company
and its stockholders. As with the WideBand merger, management anticipates that
to achieve any such acquisition, the Company will issue shares of its common
stock as the sole consideration for such acquisition.

     Upon completion of the WideBand merger, as to which there can be no
assurance, the Company will take over WideBand's operations, and the plan of
operation of WideBand will become that of the Company.  The Company will
timely file with the Securities and Exchange Commission periodic reports
disclosing its plan of operation following the completion of the WideBand
merger.

     If it is not able to complete the WideBand merger, during the next 12
months, the Company's only foreseeable cash requirements will relate to
maintaining the Company in good standing and preparing and filing its reports
under Section 13 of the 1934 Act or the payment of expenses associated with
reviewing or investigating any potential business venture, which the Company
expects to pay from its cash resources. As of June 30, 1999, it had no cash or
cash equivalents; payment of such expenses would likely require the Company to
sell a small portion of its investment portfolio, which was valued at $418,999
at June 30, 1999.

Results of Operations.
----------------------

     Other than maintaining its good corporate standing in the State of Utah
and (following its change of domicile in the fiscal year ended June 30, 1995)
in the State of Nevada and seeking the acquisition of assets, properties or
businesses that may benefit the Company and its stockholders, the Company has
had no material business operations in the two most recent fiscal years.
The Company identified WideBand as a potential merger candidate after the end
of the period covered by this Report.

     The Company's assets consist primarily of holdings of corporate bonds,
which had market values at June 30, 1999, and 1998, of $375,603 and $334,661,
respectively. In addition, at June 30, 1999, the Company held corporate stocks
valued at $43,396, as compared to $20,748 at June 30, 1998.  Total assets on
these dates were $548,858 and $506,881, respectively. See Item 7 of this
Report.

     Net income to the Company, after provision for income taxes, increased to
$44,726 from $25,303 in the fiscal years ended June 30, 1999, and 1998,
respectively, due primarily to increased interest income from its investments
and decreased operating expenses in the fiscal year ended June 30, 1999, as
compared to the previous fiscal year.  See Item 7 of this Report.


Liquidity and Capital Resources.
--------------------------------

     During the fiscal year ended June 30, 1999, the Company's cash and cash
equivalents decreased from $90,738 to $0, due principally to increased
purchases of securities during the period.  At June 30, 1999, the Company's
investments in securities were valued at $418,999, as compared to $355,409 at
June 30, 1998.  Total stockholders' equity decreased to $430,325 at June 30,
1999, from $506,881 at June 30, 1998.

Item 7.  Financial Statements.
         ---------------------

          Financial Statements for the years ended
          June 30, 1999 and 1998, and for the
          cumulative period from September 11, 1980
          (date of inception) through June 30, 1999

          Report of Independent Certified Public
          Accountants

          Balance Sheets - June 30, 1999 and 1998

          Statements of Operations for the years ended
          June 30, 1999 and 1998, and cumulative
          for the period September 11, 1980 (date
          of inception) through June 30, 1999

          Statement of Comprehensive Income (Loss)
          for the years ended  June 30, 1999 and
          1998, and cumulative for the period
          September 11, 1980 (date of inception)
          through June 30, 1999

          Statements of Stockholders' Equity for
          the period from September 11, 1980 (date
          of inception) through June 30, 1997 and
          for the years ended June 30, 1998 and 1999

          Statements of Cash Flows for the years ended
          June 30, 1999 and 1998, and cumulative for
          the period September 11, 1980 (date of
          inception) through June 30, 1999

          Notes to the Financial Statements

Item 8.  Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure.
---------------------

          The Company's principal independent accountant has not resigned,
declined to stand for re-election or been dismissed during the Company's two
most recent fiscal years or any later interim period.

                                 PART III

Item 9.  Directors, Executive Officers, Promoters and Control Persons;
Compliance with Section 16(a) of the Exchange Act.
--------------------------------------------------

Identification of Directors and Executive Officers
--------------------------------------------------

     The following table sets forth the names of all current directors and
executive officers of the Company. These persons will serve until the next
annual meeting of the stockholders (to be held within 180 days after the end
of each fiscal year) or until their successors are elected or appointed and
qualified, or their prior resignation or termination.

<TABLE>
<CAPTION>


                                   Date of         Date of
                    Positions    Election or     Termination
Name                  Held       Designation   or Resignation
----                  ----       -----------   --------------
<S>                   <C>             <C>            <C>
John Michael Coombs   President       5/95            *
                      Director        5/95            *

Terry S. Pantelakis   Vice President  5/95            *
                      Director        5/95            *

Angelo Vardakis       Secretary/      7/99            *
                      Treasurer       7/99            *
                      Director        7/99            *

Sandra E. Hansen      Secretary/
                      Treasurer       4/94            6/99
                      Director        4/94            6/99
</TABLE>

* These persons presently serve in the capacities indicated.

Business Experience.
--------------------

     John Michael Coombs. Director and President. Mr. Coombs is 44 years of
age.  He was graduated from Gonzaga University with a B.A. degree in
English/Philosophy/Drama in 1977, and received a J.D. degree in 1981 from
Loyola Law School in Los Angeles. Mr. Coombs was admitted to the Utah State
Bar in 1982 and has been engaged in the private practice of law, specializing
in business litigation, since that time. Mr. Coombs has been a member of the
Screen Actor's Guild for nearly 20 years.  He has an honorable discharge from
the United States Marine Corps.

     Terry S. Pantelakis. Director and Vice President. Mr. Pantelakis, age 58,
has been a principal of AAA Jewelers & Loans, a Salt Lake City, Utah, jewelry
store and pawn shop, since 1963. Mr. Pantelakis graduated from the Gemological
Institute of America in 1959 and is a certified gemologist.

     Angelo Vardakis, Director and Secretary/Treasurer.  Mr. Vardakis is 30
years of age.  He is a 1988 graduate of Highland High School in Salt Lake
City, Utah.  He has been a manager of AAA Jewelers & Loans since 1989.

Significant Employees.
----------------------

     The Company has no employees who are not executive officers, but who are
expected to make a significant contribution to the Company's business.

Family Relationships.
---------------------

     Angelo Vardakis is the brother of Terry S. Pantelakis' son-in-law.  John
Michael Coombs is the son of Jack R. Coombs, who is the Company's principal
stockholder and a former director and executive officer, and Margaret V.
Coombs, who is a former director and executive officer of the Company.

Involvement in Certain Legal Proceedings.
-----------------------------------------

     Except as stated below, during the past five years, no director, person
nominated to become a director, executive officer, promoter or control person
of the Company:

     (1) was a general partner or executive officer of any business against
which any bankruptcy petition was filed, either at the time of the bankruptcy
or two years prior to that time;

     (2) was convicted in a criminal proceeding or named subject to a pending
criminal proceeding (excluding traffic violations and other minor offenses);

     (3) was subject to any order, judgment or decree, not subsequently
reversed, suspended or vacated, of any court of competent jurisdiction,
permanently or temporarily enjoining, barring, suspending or otherwise
limiting his involvement in any type of business, securities or banking
activities; or

     (4) was found by a court of competent jurisdiction (in a civil action),
the Securities and Exchange Commission or the Commodity Futures Trading
Commission to have violated a federal or state securities or commodities law,
and the judgment has not been reversed, suspended or vacated.

Section 16(a) Beneficial Ownership Reporting Compliance
-------------------------------------------------------

     To the knowledge of management there were no statements that were
required to be filed with the Securities and Exchange Commission during the
year ended June 30, 1999.

Item 10. Executive Compensation.
         -----------------------

     The following table sets forth the aggregate compensation
paid by the Company for services rendered during the periods
indicated:

<TABLE>
<CAPTION>

                    SUMMARY COMPENSATION TABLE


                                       Long Term Compensation

                    Annual Compensation   Awards  Payouts

(a)             (b)   (c)   (d)   (e)   (f)   (g)   (h)    (i)

                                              Secur-
                                              ities        All
Name and   Year or               Other  Rest- Under- LTIP  Other
Principal  Period   Salary Bonus Annual rictedlying  Pay- Comp-
Position   Ended      ($)   ($)  Compen-Stock Optionsouts ensat'n
-----------------------------------------------------------------
<S>         <C>       <C>   <C>   <C>   <C>    <C>   <C>  <C>
John Michael
Coombs,     6/30/97    0    $500(1) 0    0     (2)   0   $10,297.23(3)
President,  6/30/98    0    $500(1) 0    0      0    0   $ 4,500(3)
Director    6/30/99    0    $500(1) 0    0      0    0   $ 4,000(3)

Terry S.
Pantelakis, 6/30/97    0    $500(1) 0    0     (2)    0       0
Vice Pres., 6/30/98    0    $500(1) 0    0      0     0       0
Director    6/30/99    0    $500(1) 0    0      0     0       0

Angelo
Vardakis,   6/30/97    0     0     0     0      0     0       0
Sec./Treas.,6/30/98    0     0     0     0      0     0       0
Director    6/30/99    0     0     0     0      0     0       0

Sandra E.
Hansen,     6/30/97    0    $500(1)0     0     (2)    0       0
Former      6/30/98    0    $500(1)0     0      0     0       0
Sec./Treas. 6/30/99    0     0     0     0      0     0       0
Director

</TABLE>

         (1)   During the years indicated, $500 was paid
               to these directors and officers for services
               rendered during the year.  Because the
               Company has no firm policy with respect to such
               compensation, it has been characterized as a bonus.

         (2)   On July 8, 1996, the Board of Directors of the
               Company unanimously resolved to grant options to
               the following directors and executive officers to
               purchase "unregistered" and "restricted" shares
               of the Company's common stock at a price of $0.25
               per share:  John Michael Coombs (50,000 shares);
               Terry S. Pantelakis (50,000 shares); and Sandra
               E. Hansen (5,000 shares).  These options, which
               were exercisable at any time in the future, were
               granted in consideration of services rendered by
               each of these persons during the fiscal year
               ended June 30, 1996.  Each director abstained
               from voting on the granting of the option to
               himself or herself.  On August 25, 1999, which is
               subsequent to the period covered by this Report,
               all of these options were exercised.  The option
               held by Ms. Hansen was exercised by Pavant Oil
               Corporation, a secured creditor of Ms. Hansen.
               Pavant Oil Corporation may be deemed to be controlled
               by John Michael Coombs.  See Item 11.

         (3)   John Michael Coombs, has acted as the Company's
               legal counsel since 1992. Each of these figures
               reflects the amount of legal fees that the Company
               has paid to Mr. Coombs for the periods indicated.

Compensation of Directors.
--------------------------

     There are no standard arrangements pursuant to which the Company's
directors are compensated for any services provided as director. No additional
amounts are payable to the Company's directors for committee participation or
special assignments.

Employment Contracts and Termination of Employment and Change-in-Control
Arrangements.
-------------

     There are no employment contracts, compensatory plans or arrangements,
including payments to be received from the Company, with respect to any
director or executive officer of the Company which would in any way result in
payments to any such person because of his or her resignation, retirement or
other termination of employment with the Company or any subsidiary, any
change in control of the Company, or a change in the person's responsibilities
following a change in control of the Company.

Item 11. Security Ownership of Certain Beneficial Owners and Management.
         ---------------------------------------------------------------

Security Ownership of Certain Beneficial Owners.
------------------------------------------------

     The following table sets forth the shareholdings of those persons who own
more than five percent of the Company's common stock as of September 20, 1999,
with the computations being based upon 1,375,000 shares of common stock being
outstanding. This figure takes into account the 1,270,000 shares of common
stock that were outstanding on June 30, 1999, and the 105,000 shares that were
issued in connection with the exercise of the options held by John Michael
Coombs, Terry S. Pantelakis and Sandra E. Hansen (see Item 10 of this Report):


<TABLE>
<CAPTION>

                      Number of Shares           Percentage
Name and Address     Beneficially Owned           of Class
----------------     ------------------           --------

<S>                      <C>                       <C>

Jack R. Coombs           609,975 (1)               44.4%
2581 East 1300 South
Salt Lake City, Utah
84108

John Michael Coombs      141,000 (2)               10.3%
2435 South Scenic Drive
Salt Lake City, Utah
84109                     -------                  ----

                         727,975                   54.7%
</TABLE>

      (1)     Of this amount, 70,000 shares are held in the name
              of Margaret V. Coombs, Mr. Coombs' wife, and 15,000
              shares are held in the name of the Rebecca Ann
              Coleman Trust, of which Margaret V. Coombs is the
              trustee.

      (2)     Of this amount, a total of 9,000 shares are held
              in the name of John Michael Coombs for his three
              minor children pursuant to the Uniform Gifts to
              Minors Act.  Also includes (i) 50,000 shares of
              "unregistered" and "restricted" common stock
              acquired in August, 1999, pursuant to the exercise
              of Mr. Coombs' option; and (ii) 23,000 such
              shares which are held by Pavant Oil Corporation,
              which may be deemed to be controlled by Mr.
              Coombs.  See Item 10 of this Report.

Security Ownership of Management.
---------------------------------

     The following table sets forth the shareholdings of the Company's
directors and executive officers as of the date of this Report:

<TABLE>
<CAPTION>


                           Number of            Percentage of
Name and Address     Shares Beneficially Owned     of Class
----------------     -------------------------     --------
<S>                            <C>                  <C>

John Michael Coombs            141,000(1)(2)       10.3%
2435 South Scenic Drive
Salt Lake City, Utah
84109

Terry S. Pantelakis             50,000(1)           3.6%
350 South State Street
Salt Lake City, Utah
84111

Sandra E. Hansen                 5,000(1)           0.4%
124 South 600 East, Suite 100
Salt Lake City, Utah
84102                            -----              ----

All directors and executive
officers as a group            196,000             14.3%
(3 persons)

</TABLE>

      (1)     Includes the exercise of options to acquire the
              following numbers of shares: John Michael Coombs
              (50,000 shares); Terry S. Pantelakis (50,000
              shares); and Sandra E. Hansen (5,000 shares).
              See Item 10 of this Report.

      (2)     Of this amount, a total of 9,000 shares are held
              in the name of John Michael Coombs for his three
              minor children pursuant to the Uniform Gifts to
              Minors Act.  Also includes (i) 50,000 shares of
              "unregistered" and "restricted" common stock
              acquired in August, 1999, pursuant to the exercise
              of Mr. Coombs' option; and (ii) 23,000 such
              shares which are held by Pavant Oil Corporation,
              which may be deemed to be controlled by Mr.
              Coombs.  See Item 10 of this Report.


     Angelo Vardakis, who was appointed a director and executive officer of
the Company after the end of the period covered by this Report, does not
beneficially own any shares of the Company.  See Item 9 of this Report for
information concerning the offices or other capacities in which the foregoing
persons serve with the Company.

Changes in Control.
-------------------

     With the exception of the WideBand merger, there are no present
arrangements or pledges of the Company's securities which may result in a
change in control of the Company.  The merger contemplates a reverse split of
the Company's issued and outstanding common stock in the ratio of one share
for seven and the subsequent issuance of 12,801,819 post-split shares to the
security holders of WideBand and the issuance of an additional 55,000 post-
split shares as a finder's fee (subject to stockholder approval).  Upon the
closing of the WideBand merger, the present stockholders of WideBand will
become the controlling stockholders of the Company.

Item 12. Certain Relationships and Related Transactions.
         -----------------------------------------------

Transactions with Management and Others.
----------------------------------------

     There have been no material transactions, series of similar transactions,
currently proposed transactions, or series of similar transactions, to which
the Company or any of its subsidiaries was or is to be a party, in which the
amount involved exceeded $60,000 and in which any director or executive
officer, or any security holder who is known to the Company to own of record
or beneficially more than five percent of the Company's common stock, or any
member of the immediate family of any of the foregoing persons, had a material
interest. However, see Item 1 of this Report.

Certain Business Relationships.
-------------------------------

     There have been no material transactions, series of similar transactions,
currently proposed transactions, or series of similar transactions, to which
the Company or any of its subsidiaries was or is to be a party, in which the
amount involved exceeded $60,000 and in which any director or executive
officer, or any security holder who is known to the Company to own of record
or beneficially more than five percent of the Company's common stock, or any
member of the immediate family of any of the foregoing persons, had a material
interest. However, see Item 1 of this Report.

Indebtedness of Management.
---------------------------

    There have been no material transactions, series of similar transactions,
currently proposed transactions, or series of similar transactions, to which
the Company or any of its subsidiaries was or is to be a party, in which the
amount involved exceeded $60,000 and in which any director or executive
officer, or any security holder who is known to the Company to own of record
or beneficially more than five percent of the Company's common stock, or any
member of the immediate family of any of the foregoing persons, had a material
interest. However, see Item 1 of this Report.

Parents of the Issuer.
----------------------

    The Company has no parents, except to the extent that Jack R. Coombs and
John Michael Coombs may be deemed to be parents by virtue of their collective
ownership of a majority of the Company's issued and outstanding common stock.

Transactions with Promoters.
----------------------------

     There have been no material transactions, series of similar transactions,
currently proposed transactions, or series of similar transactions, to which
the Company or any of its subsidiaries was or is to be a party, in which the
amount involved exceeded $60,000 and in which any promoter or founder, or any
member of the immediate family of any of the foregoing persons, had a material
interest. However, see Item 1 of this Report.

Item 13. Exhibits and Reports on Form 8-K.
         ---------------------------------

Reports on Form 8-K

          Current Report on Form 8-K, dated August 9, 1999,
          filed with the Securities and Exchange Commission
          on August 24, 1999.**

Exhibits

          (i)
                                          Where Incorporated
                                            in this Report
                                            --------------

          None.

          (ii)

Exhibit
Number               Description

------               -----------

  2                  Agreement and Plan of Merger
                     dated September 6, 1999

 27                  Financial Data Schedule


          *    These documents and related exhibits have been
               previously filed with the Securities and Exchange
               Commission and are incorporated herein by reference.

                              SIGNATURES

          Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Company has duly caused this Report
to be signed on its behalf by the undersigned, thereunto duly authorized.


                                       VIS VIVA CORPORATION



Date: 9/21/99                         By /s/ John Michael Coombs
      -----------                       ------------------------------------
                                     John Michael Coombs
                                     Director and President


          Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, this Report has been signed below by the following persons on
behalf of the Company and in the capacities and on the dates indicated:


                                       VIS VIVA CORPORATION



Date: 9/21/99                         By /s/ John Michael Coombs
      ------------                      ------------------------------------
                                        John Michael Coombs
                                        Director and President


Date: 9-21-99                         By /s/ Angelo Vardakis
      ------------                      ------------------------------------
                                        Angelo Vardakis
                                        Director and Secretary/Treasurer

<PAGE>




                           VIS VIVA CORPORATION
                       (A Development Stage Company)





            REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
                                    AND
                           FINANCIAL STATEMENTS







                As of June 30, 1999 and 1998, for the Years
                    Then Ended, and for the Cumulative
            Period from September 11, 1980 (Date of Inception)
                          Through June 30, 1999


                        Hansen, Barnett & Maxwell
                       A Professional Corporation
                      Certified Public Accountants

<PAGE>


                       VIS VIVA CORPORATION


                        TABLE OF CONTENTS


                                                                      Page

  Report of Independent Certified Public Accountants                     1

  Financial Statements

    Balance Sheets - June 30, 1999 and 1998                              2

    Statements of Operations for the Years Ended June 30, 1999
     and 1998, and Cumulative for the Period September 11, 1980
     (Date of Inception) through June 30, 1999                            3

    Statements of Comprehensive Income (Loss) for the Years
     Ended June 30, 1999 and 1998 and Cumulative for the
     Period September 11, 1980 (Date of Inception) through
     June 30, 1999                                                        3

    Statements of Stockholders' Equity for the Period from
     September 11, 1980 (Date of Inception) through June 30,
     1997 and for the Years Ended June 30, 1998 and 1999                  4

     Statements of Cash Flows for the Years Ended June 30,
      1999 and 1998, and Cumulative for the Period September
      11, 1980 (Date of Inception) through June 30,1999                   5

    Notes to the Financial Statements                                     6

<PAGE>


                          HANSEN, BARNETT & MAXWELL
                         A Professional Corporation
                        CERTIFIED PUBLIC ACCOUNTANTS


                                                      (801) 532-2200
   Member of AICPA Division of Firms                Fax (801) 532-7944
            Member of SECPS                     345 East Broadway, Suite 200
Member of Summit International Associates     Salt Lake City, Utah 84111-2693



       REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS


To the Board of Directors and Shareholders
  Vis Viva Corporation

We have audited the accompanying balance sheets of Vis Viva Corporation (a
development stage company) as of June 30, 1999 and 1998,  and the related
statements of operations, comprehensive income (loss), stockholders' equity,
and cash flows for the years then ended, and cumulative for the period
September 11, 1980 (date of inception) through June 30, 1999.   These
financial statements are the responsibility of the Company's management.  Our
responsibility is to express an opinion on these financial statements based on
our audits.  The financial statements of Vis Viva Corporation from inception
through June 30, 1994 (not presented herein) were audited by other auditors
whose report, dated September 26, 1994, expressed an unqualified opinion on
those statements.  Our opinion, in so far as it relates to the cumulative
amounts for the period from inception through June 30, 1994, is based solely
on the report of the other auditors.

We conducted our audits in accordance with generally accepted auditing
standards.  Those standards require that we plan and perform the audits to
obtain reasonable assurance about whether the financial statements are free of
material misstatement.  An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements.  An audit
also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial
statement presentation.  We believe that our audits and the report of the
other auditors provides a reasonable basis for our opinion.

In our opinion, based on our audits and the report of the other auditors, the
financial statements referred to above present fairly, in all material
respects, the financial position of Vis Viva Corporation as of June 30, 1999
and 1998, and the results of its operations and its cash flows for the years
then ended, and cumulative for the period September 11, 1980 (date of
inception) through June 30, 1999, in conformity with generally accepted
accounting principles.



                                  HANSEN, BARNETT & MAXWELL

Salt Lake City, Utah
August 16, 1999

<PAGE>

                             VIS VIVA CORPORATION
                         (A Development Stage Company)
                               BALANCE SHEETS
<TABLE>
<CAPTION>


                                                              June 30,
                                                        1999              1998
                              ASSETS
<S>                                                 <C>             <C>
Current Assets
         Cash and cash equivalents                  $   --          $  90,738

         Investment in securities, net of
          valuation allowance                          418,999        355,409

         Accrued interest receivable                    36,740         23,029

         Prepaid income taxes                            --             5,577

         Deferred tax asset                             93,119         32,128

           Total Current Assets                        548,858        506,881

Total Assets                                        $  548,858      $ 506,881

</TABLE>




               LIABILITIES AND STOCKHOLDERS' EQUITY
<TABLE>
<CAPTION>

Current Liabilities
<S>                                            <C>                <C>
         Brokerage loan payable                $ 116,360          $   --

         Income tax payable                        2,173              --


            Total Current Liabilities            118,533              --

Stockholders' Equity

         Common Stock - $0.01 par value;
          15,000,000 shares authorized;
          1,270,000 shares issued
          and outstanding                         12,700              12,700

         Additional paid-in capital              148,129             148,129

         Unrealized loss on investment
          in securities, net of taxes           (180,760)            (59,478)

         Earnings accumulated during
          the development stage                  450,256             405,530

             Total Stockholders' Equity          430,325             506,881

Total Liabilities and Stockholders' Equity     $ 548,858          $  506,881

</TABLE>


                       VIS VIVA CORPORATION
                  (A Development Stage Company)
                     STATEMENTS OF OPERATIONS

<TABLE>
<CAPTION>

                                                                   Cumulative
                                                                For the Period
                                                                 September 11,
                                 For the Years Ended          1980 (Inception)
                                      June 30,                      Through
                                1999            1998            June 30, 1999

<S>                                 <C>            <C>           <C>
Income




     Interest income                $  72,125      $  64,426     $   605,680

     Gain from sale of investments        662            897         163,286

     Other income                       2,721            200          13,077

         Total Income                  75,508         65,523         782,043

Operating Expenses

      Abandoned acquisition expenses        -             -           14,000

      Bad debt                              -             -            8,839

      Travel and entertainment           2,469         1,678          19,649

      Legal fees                         5,432        17,019          58,807

      Directors fees                     1,000         1,500          27,275

      Accounting and auditing            5,125         4,700          30,305

      Consulting                            -            535           2,582

      Filing fees and transfer costs        -             85           2,838

      Office expenses                      125           424           4,168

      Rent                               1,319         1,819           6,523

      Amortization                          -             -              875

      Designing costs                       -             -              850

      Miscellaneous                        706           472           8,328

        Total Operating  Expenses       16,176        28,232         185,039

  Interest Expense                       6,393        10,372          41,069

        Income Before Income Taxes      52,939        26,919         555,935

Provision for Income Taxes               8,213         1,616         105,679

Net Income                           $  44,726     $  25,303     $   450,256

Basic Earnings Per Share             $    0.04     $    0.02     $      0.35

Diluted Earnings Per Share           $    0.03     $    0.02     $      0.32

</TABLE>



                STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

<TABLE>
<CAPTION>

                                                                   Cumulative
                                                                For the Period
                                                                 September 11,
                                 For the Years Ended          1980 (Inception)
                                      June 30,                      Through
                                1999            1998            June 30, 1999

<S>                                 <C>            <C>           <C>

Net Income                          $  44,726      $   25,303    $    450,256

Other Comprehensive Loss
         Unrealized losses on
         investment in securities    (182,272)        (76,291)       (273,879)

         Income tax benefit            60,990          26,922          93,119

         Other Comprehensive Loss    (121,282)        (49,369)       (180,760)

Comprehensive Income (Loss)         $ (76,556)     $  (24,066)    $   269,496

</TABLE>

<PAGE>


                          VIS VIVA CORPORATION
                      (A Development Stage Company)
                   STATEMENTS OF STOCKHOLDERS' EQUITY

<TABLE>
<CAPTION>

                                                              Additional
                                         Common Stock          Paid-In
                                        Shares    Amount       Capital

<S>                                  <C>           <C>         <C>

Balance - September 11, 1980
 (Date of Inception)                        -      $    -      $      -

Shares issued to incorporators for
  cash, September 11, 1980,
  $0.05 per share                      420,000       4,200         16,800

Proceeds from public offering,
  May 1981, for cash, net of
  offering costs of $30,171,
  $0.17 per share                    1,000,000      10,000        159,829

Redemption and retirement of
  stock for cash, December 1988,
  $0.20 per share                     (150,000)     (1,500)       (28,500)

Change in unrealized loss on
  investment in securities,
  net of tax                                -           -              -

Net income for the period from
 September 11, 1980 (date of
  inception) through June 30, 1997          -           -              -

Balance - June 30, 1997              1,270,000      12,700        148,129

Change in unrealized loss on
  investment in securities,
  net of tax                                -           -              -

Net income for the year ended
  June 30, 1998                             -           -              -

Balance - June 30, 1998              1,270,000      12,700        148,129

Change in unrealized loss on
   investment in securities,
   net of tax                               -           -              -

Net income for the year ended
 June 30, 1999                              -           -              -

Balance - June 30, 1999              1,270,000    $ 12,700     $  148,129

</TABLE>
<PAGE>

                          VIS VIVA CORPORATION
                      (A Development Stage Company)
                   STATEMENTS OF STOCKHOLDERS' EQUITY

                             (CONTINUED)
<TABLE>
<CAPTION>

                                                    Earnings
                                      Unrealized    Accumulated
                                       Loss on      During the          Total
                                       Investment   Development  Stockholders'
                                     In securities      Stage          Equity

<S>                                  <C>           <C>         <C>

Balance - September 11, 1980
 (Date of Inception)                 $       -      $    -      $      -

Shares issued to incorporators for
  cash, September 11, 1980,
  $0.05 per share                            -           -          21,000



Proceeds from public offering,
  May 1981, for cash, net of
  offering costs of $30,171,
  $0.17 per share                           -           -         169,829

Redemption and retirement of
  stock for cash, December 1988,
  $0.20 per share                           -           -         (30,000)

Change in unrealized loss on
  investment in securities,
  net of tax                           (10,109)         -         (10,109)

Net income for the period from
 September 11, 1980 (date of
  inception) through June 30, 1997          -      380,227        380,227

Balance - June 30, 1997                (10,109)    380,227        530,947

Change in unrealized loss on
  investment in securities,
  net of tax                           (49,369)         -         (49,369)

Net income for the year ended
  June 30, 1998                             -       25,303         25,303

Balance - June 30, 1998                (59,478)    405,503         506,881

Change in unrealized loss on
   investment in securities,
   net of tax                         (121,282)         -         (121,282)

Net income for the year ended
 June 30, 1999                              -       44,726          44,726

Balance - June 30, 1999              $(180,760)   $450,256      $ 430,325

</TABLE>
<PAGE>

                                VIS VIVA CORPORATION
                           (A Development Stage Company)
                              STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>

                                                                   Cumulative
                                                                for the Period
                                                                 September 11,
                             For the Years Ended              1980 (Inception)
                                   June 30,                         through
                          1999                 1998              June 30, 1999

Cash Flows From
Operating Activities

<S>                                    <C>          <C>         <C>
 Net income                            $  44,726    $  25,303   $     450,256

      Adjustments to reconcile net
       income to net cash provided by
       operating activities:

       Amortization of bond discount    (20,239)          -          (20,239)

       Amortization of organization cost     -            -              875

       Gain from sale of investments       (662)        (895)       (163,284)

       Prepaid expenses                      -        13,000              -

       Deferred tax provision             5,577       (7,824)          5,577

       Increase in accrued
        interest receivable             (13,711)      (6,585)        (36,740)

       Change in income taxes payable     2,173           -            2,173

      Net Cash Provided By
      Operating Activities               17,864        22,999        233,041

Cash Flows From Investing Activities

         Organization costs paid             -             -            (875)

         Purchase of securities        (414,630)     (510,150)    (4,077,069)

         Proceeds from sale
          of securities                 189,668       638,933      3,567,714

    Net Cash (Used in) Provided by
      Investing Activities             (224,962)      128,783       (510,230)


Cash Flows From Financing Activities

         Proceeds from margin
           loan payable                 116,360        (61,044)      116,360

         Net proceeds from issuance
           of common stock                   -              -        190,829

         Acquisition and retirement
           of common stock                   -              -        (30,000)

     Net Cash (Used in) Provided by
       Financing Activities             116,360        (61,044)      277,189

Net Increase (Decrease) In Cash
  and Cash Equivalents                  (90,738)        90,738            -

Cash and Cash Equivalents at
 Beginning of Period                     90,738             -             -

Cash and Cash Equivalents at
  End of Period                       $      -        $ 90,738      $     -

Supplemental Cash Flow Information
      Cash paid for interest          $   6,393       $ 10,372      $  41,069

      Cash paid for income taxes          2,636         11,613        104,813

</TABLE>
<PAGE>

                                VIS VIVA CORPORATION
                           (A DEVELOPMENT STAGE COMPANY)
                           NOTES TO FINANCIAL STATEMENTS

NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization   Vis Viva Corporation (the Company) was incorporated under the
laws of the State of Utah on September 11, 1980.  Effective June 30, 1995, the
Company changed its domicile to the State of Nevada.  Vis Viva Corporation is
a development stage company.  It is primarily engaged in the process of
investigating business opportunities which appear to have profitable potential
for the Company.

Use of Estimates   The preparation of financial statements in conformity with
generally accepted accounting principles requires management to make estimates
and assumptions that affect certain reported amounts and disclosures.  Actual
results could differ from those estimates.  An estimate which is subject to
change in the near future is the unrealized gain (loss) on investment in
securities.

Cash Equivalents   The Company considers all highly liquid debt instruments
purchased with an original maturity of three months or less to be cash
equivalents.

Investment in Securities   Investments in equity and debt securities are
stated at fair value, based on quoted market prices, and are classified as
available-for-sale. Unrealized gains and losses are reported in stockholders'
equity, net of related deferred income taxes.  Gains and losses on disposition
are based on the net proceeds less the cost basis of the security sold, using
the specific identification method.

Stock-Based Compensation   Compensation arising from stock options granted to
directors and officers is accounted for using the intrinsic-value-based
method.

Earnings Per Share   Basic earnings per common share is computed by dividing
net income by the weighted-average number of common shares outstanding during
the period. Diluted earnings per share includes the dilutive effect of
outstanding stock options.

NOTE 2--INVESTMENT IN SECURITIES AND OTHER COMPREHENSIVE LOSS

Marketable equity and debt securities are classified as available-for-sale and
are stated at fair  value. At June 30, 1999 and 1998, available-for-sale
securities consisted of the following:

                                          Gross        Gross        Estimated
                                       Unrealized     Unrealized      Fair
                              Cost       Gains         Losses         Value

June 30, 1999
Common Stocks                $ 182,990     $     -     $ 139,594   $   43,396

Corporate debt securities      509,888       17,438      151,723      375,603

Total                        $ 692,878     $ 17,438    $ 291,317   $  418,999

   June 30, 1998
Common stocks                $  33,761     $     -     $  13,013   $   20,748

Corporate debt securities      413,255        7,307       85,901      334,661

Total                        $ 447,016     $  7,307    $  98,914   $  355,409

As of June 30, 1999, corporate debt securities had maturities ranging from
August 2001 to July 2005.

<PAGE>

                                VIS VIVA CORPORATION
                           (A DEVELOPMENT STAGE COMPANY)
                           NOTES TO FINANCIAL STATEMENTS

Proceeds from sales of securities and the resulting gross realized gains and
losses were as follows:


                                                                For the Period
                                                                 September 11,
                                 For the Years Ended          1980 (Inception)
                                       June 30,                     Through
                              1999                1998           June 30, 1999

Proceeds from sales
of securities                $ 189,668          $ 638,933       $   3,567,714

Gross realized gains         $  12,814          $  60,541       $     305,708

Gross realized losses          (12,152)           (59,644)           (142,422)

Net Gain from Sale
  of Investments             $     622          $     897        $    163,286

Other comprehensive loss consists of the change in net unrealized holding gain
and loss on securities available for sale and their related income tax benefit
as follows:

                                     Before-Tax        Tax          Net-of-Tax
                                       Amount         Benefit         Amount

For the Year Ended June 30, 1999

   Unrealized net holding losses    $ (181,610)    $   60,768     $  (120,842)

   Reclassification adjustment
    for net gains included
    in net income                         (662)           222            (440)

   Other Comprehensive Loss         $ (182,272)    $   60,990     $  (121,282)

For the Year Ended June 30, 1998

   Unrealized net holding losses    $  (75,394)    $   26,605     $   (48,789)

   Reclassification adjustment
    for net gains included
    in net income                         (897)           317            (580)

   Other Comprehensive Loss          $ (76,291)   $    26,922     $   (49,369)

Cumulative For the Period
  September 11, 1980
 (Date of Inception)
 Through June 30, 1999

  Unrealized net holding losses      $(110,593)    $    37,602     $  (72,991)

  Reclassification adjustment
   for net gains included in
   net income                         (163,286)         55,517       (107,769)

   Other Comprehensive Loss          $(273,879)    $    93,119     $ (180,760)

NOTE 3 BROKERAGE LOAN PAYABLE

As of June 30, 1999, the Company had a $116,360 margin loan payable to a
securities broker. The loan is secured by securities which have been placed on
deposit and are held by the broker. In the event the value of the securities
decrease, resulting in a shortfall of collateral, the broker can call for a
margin payment. If the margin payment is not made, the broker can sell the
securities in satisfaction of the margin payment. The margin loan payable and
related accrued interest is due upon sale of the underlying securities. The
interest rate on the margin loan payable as of June 30, 1999 was 7.875%.

<PAGE>

                                VIS VIVA CORPORATION
                           (A DEVELOPMENT STAGE COMPANY)
                           NOTES TO FINANCIAL STATEMENTS

NOTE 4--EARNINGS PER SHARE

The following data shows the amounts used in computing earnings per share:

                                                                   Cumulative
                                                                For the Period
                                                                 September 11,
                                        For the Years Ended   1980 (Inception)
                                            June 30,                Through
                                       1999           1998       June 30, 1999

Net Income                             $ 44,726      $ 25,303     $  450,256

Weighted-average number of common
  shares used in basic earnings
  per share                           1,270,000      1,270,000     1,301,816

Dilutive effect of stock options        105,000        105,000       105,000
Weighted-average number of common
 shares used in diluted earnings
 per share                            1,375,000      1,375,000     1,406,816

NOTE 5--ABANDONED ACQUISITION AND BAD DEBT

The Company advanced $14,000 to Worldwide FiberComm, Inc. for a possible
merger which was terminated October 15, 1993.  Upon termination, the advance
was charged to operations.

The Company paid expenses in connection with a possible merger with Draycott
Corporation, which was terminated. Management determined that the amount paid
was uncollectible as of June 30, 1988. During 1989, Draycott Corporation began
making payments on the receivable. Payments totaled $5,724 through 1993 which
were offset against bad debt expense. No payments were received subsequent to
1993.

NOTE 6--RETIREMENT OF STOCK

In December of 1988, the Company redeemed 150,000 shares of its common stock
for $30,000 and retired the shares.

NOTE 7--RELATED PARTY TRANSACTIONS

An individual who acted as the Company's legal counsel since 1992, became an
officer and director of the Company in May 1995. Fees paid in legal expenses
to the officer and director were $4,000 and $4,500 for the years ended June
30, 1999 and 1998, respectively. For the period from September 11, 1980 (date
of inception) through June 30, 1999, a total of $37,932 has been paid for
various legal counsel services.

During the years ended June 30, 1999 and 1998, $1,000 and $1,500,
respectively, were paid for directors' fees to the directors and officers of
the Company.

NOTE 8--INCOME TAXES

Deferred income taxes are recognized for differences between the bases of
assets for financial statement and income tax purposes. At June 30, 1999 and
1998, the deferred tax asset resulted from unrealized losses on investment in
securities and amounted to  $93,119 and $32,128, respectively.

<PAGE>

                                VIS VIVA CORPORATION
                           (A DEVELOPMENT STAGE COMPANY)
                           NOTES TO FINANCIAL STATEMENTS

The components of income tax expense were as follows:

                                                                   Cumulative
                                                                For the Period
                                                                 September 11,
                                        For the Years Ended   1980 (Inception)
                                            June 30,                Through
                                       1999           1998       June 30, 1999

Current  - Federal                   $   8,213       $   6,036    $    90,350
         - State                            -               -          15,329
                                         8,213           6,036        105,679

Deferred - Federal                          -           (4,420)            -

                                            -           (4,420)            -

Provision for Income Taxes           $   8,213       $   1,616    $   105,679

The Company has not been subject to state income tax subsequent to June 30,
1995. The following is a reconciliation of income tax expense to the amount
computed using the federal statutory rate:

                                                                   Cumulative
                                                                For the Period
                                                                 September 11,
                                        For the Years Ended   1980 (Inception)
                                            June 30,                Through
                                       1999           1998       June 30, 1999

Tax at federal statutory rate (34%)   $  17,999       $  9,152     $  189,017

State income taxes,
 net of federal benefit                      -              -          13,335

Non-deductible expenses                      -             157            494

Effect of lower taxes                    (9,786)        (7,693)       (97,167)

Provision for Income Taxes            $   8,213       $  1,616      $ 105,679

NOTE 9--STOCK OPTIONS

In July 1996, the Company granted options to directors and officers of the
Company to purchase a total of 105,000 shares of common stock. The exercise
price is $0.25 per share. The market price at the date of grant was also $0.25
per share. The options are exercisable at any time and do not expire.

On August 25, 1999, all stock options to acquire 105,000 shares were exercised
for $26,250 or $0.25 per share. After the exercise of the option the Company
has 1,375,000 shares of common stock outstanding (Unaudited).

A summary of the status of the Company's stock options as of June 30, 1999 and
1998 and changes during the years ending on those dates is as follows:

                                                              Weighted-Average
                                           Shares              Exercise Price

Outstanding - June 30, 1997                 105,000     $          0.25
Outstanding - June 30, 1998                 105,000                0.25
Outstanding - June 30, 1999                 105,000     $          0.25
Exercisable - June 30, 1999                 105,000     $          0.25

NOTE 10--PAST DISPUTES

In December 1996, the Company was a party to a complaint filed against two
brokerage firms and a bank alleging fraud and insider trading with regard to
certain investments in debt securities held by the Company. In exchange for
legal representation in this matter by the Company's president, all benefits
and rights to damages under the action for the Company were assigned to the
president.  Upon settlement of the action in September 1997, it was determined
that the Company was not damaged due to the appreciation in the securities
held by the Company.

NOTE 11--SUBSEQUENT EVENT

         On August 9, 1999, the Company signed a Reverse Merger Memorandum of
Intent (the "Agreement) with Wideband Corporation ("Wideband"), a Missouri
corporation engaged in the development, manufacture, and marketing of high
performance computer networking products. There is no assurance the Agreement
will be completed; however, the terms of the agreement are as follows: The
Company would effect a 1-for-7 reverse- split of its outstanding common
shares, resulting in  181,428 post-split common shares being issued and
outstanding.  The Company would issue an additional 12,801,819 common shares
(post-split) to the shareholders of Wideband. would issue 55,000 post-split
common shares to an officer of the Company and another affiliate as
transaction broker and consultant  fees. As a result of the anticipated
transaction, the Company would have 13,053,247 outstanding common shares,
Wideband shareholders would own approximately 98% of the outstanding common
shares of the Company and Wideband would merge into and with the Company. It
is contemplated that immediately following the transaction, the name Vis Viva
would change to Wideband Corporation. The transaction is subject to the
execution of a definitive Plan and Agreement of Merger.

<PAGE>