Videolocity International Inc (VCTY)

[glidingone]

That statement is blatantly false.

VCTY traded well above a penny and we have much more value now than we did at that time.

When VCTY was above a penny it had a OS of 4.1 billion (currently at 4.795 billion) and a hydro merger worth 200 million imminent to be closed as per VCTY's continuous PR's. The Float was current and defined as 165 million (as opposed to an unknown and outdated float as of today).

VCTY has only one company now as it did then - Tactician University. To say that VCTY has more value now is incorrect - the only positive now is that they may reduce the OS/AS by 2 billion shares. Which would be a very nice step in the right direction. When/If that occurs officially and is filed as such on pinksheets - then we would have more paper profit to OS/AS than we did when VCTY was at .01+

HOWEVER - VCTY did not get to .01+ on Tactician University's small paper profits - it got there on the promises of a 200 million hydro merger (which failed). Seeing as how such a promising merger is no longer in process and very few folks will be placing their money in a stock that fails to deliver on a continuous basis - the upside is limited with the current stated events in the future of VCTY. That is why to say - it's value is the same may be true but VCTY reached .01+ based upon it's POTENTIAL merger with a 200 million hydro company... seeing as how that is no longer an option... .01 is not happening with the current known information about VCTY.

To say that:

but the said merger or share reduction would restore faith in the company and put us back on track

is unfounded - based upon what? What exactly is this new merger? What is this unknown merger company worth? Do they have a profit? What is VCTY Paying for it? What is it's merger status? How can someone sit there and say that a merger will be good for VCTY when we know nothing about this merger candidate beyond "American Cloud Computing Company"... In case one has forgotten - See the failed AMETA merger (where we actually had details) - Hydro merger failure - the ASCC debacle where we apparently traded a 3 million a year company for 800 million shares of a stock that barely trades... What if VCTY pays for the new merger with all-cash - where will that money come from? Will there be more dilution? Will the float increase further? We have zero details necessary to make such a profound statement that a new merger may be good for VCTY...

Wait it out and see what happens and request that VCTY provide us as shareholders with real details about this new merger candidate (they will not - they already said they refuse to provide any information)... so until VCTY takes positive action we trade where we are...