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Re: ASK post# 1200

Wednesday, 01/26/2011 11:35:44 AM

Wednesday, January 26, 2011 11:35:44 AM

Post# of 15015
MUST READ - huge DD about VLCO insider transactions:

Look @ insiders transactions of VLCO:

http://www.otcmarkets.com/stock/VLCO/financials

since November 24, 2010 a lot of buys:

On december 21, 2010 form SC 13G by Able Income Fund LLC (6,160,000 shares)

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7619045

On january 4, 2011 form SC 13G by WAR CHEST CAPITAL MULTI-STRATEGY FUND LLC (9,000,000 shares)

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7655458

On january 4, 2011 form SC 13G by BARCLAY LYONS LLC (9,000,000 shares)

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7655476

On january 14, 2011 form SC 13D/A by Silvana Costa Manning (this is the key!):

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7657899

"In November 2010, the Reporting Person purchased 10,758,904 shares of the Issuer’s common stock for an aggregate purchase price equal to $141,210.62. The source of funding for this purchase was through personal funds. (pps .013!)

In December 2010, the Reporting Person purchased 7,330,802 shares of the Issuer’s common stock for an aggregate purchase price equal to $94,084.82. The source of funding for this purchase was through personal funds. (pps .0128!)

In addition, in December 2010, 500,000 shares of the Issuer were purchased for a defined benefit account in the name of Gregory Manning, the husband of the Reporting Person, for an aggregate purchase price equal to $7,240.69. (pps .014!)

In January 2011, the Reporting Person purchased 5,300,000 shares of the Issuer’s common stock for an aggregate purchase price equal to $63,920.90. The source of funding for this purchase was through personal funds." (pps .012!)

Now look at her address on this filing:

"The Reporting Person’s business address is 4 Whitfield Court, Boonton Twp., New Jersey, 07005."

I've searched about Gregory Manning plus that address and I've found something huge:

http://www.asdaonline.com/index.php?id=8&task=proc_search&Specialities=CH

"Greg Manning
Greg Manning
4 Whitfield Court
Boontown Township, NJ 07005, USA

Phone: 973-402-1104, Alt Phone: 973-331-0225
Specialities: Qualified Appraiser, Hong Kong, British Commonwealth, Buyers, China, Japan, Classics - Worldwide, Collections, United States, World Wide
gm@gregmanning.net"

I've searched about Greg Manning on the sec filings and this is the result:

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001074345&owner=include

He's the founder of "Greg Manning Auctions, Inc.", a giant (now Spectrum Group International - http://www.spectrumgi.com/About_Us.aspx ):

http://www.fundinguniverse.com/company-histories/Greg-Manning-Auctions-Inc-Company-History.html

Got a reply just now from mr. Manning (gm@gregmanning.net ), he has confirmed he’s the founder of "Greg Manning Auctions, Inc." (bingo!)

Their last pr on January, 24 2011:

ValCom's My Family TV Expands Into Major Markets/Making Waves at NATPE in Miami

http://finance.yahoo.com/news/ValComs-My-Family-TV-Expands-iw-600859979.html?x=0&.v=1

I think something big is going to happen with VLCO and the chart seems to be @ the bottom:

VLCO - Daily Candlesticks




All my posts are purely my opinion and are not a buy/sell recommendation . Never buy or sell securities based on my opinion. I reserve the right to buy/sell any stock or any security I post about or not. Always do your own DD.

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