Videolocity International Inc (VCTY)

[glidingone]

That is one of many reasons...

only reason the pps is down here is because of the Hydro deal gone bad...real bad. Mistakes were made by MM.G during this time an all faith was lost in VCTY.

1. AMETA Merger Failure - was all ready to be closed upon sale of ASCC remember? Which was months ago... and no Ameta merger is in sight... it just disappeared... like the hydro merger...

2. OS/AS Share reduction fiasco - reduced by 3 billion for one day and increased to the max the next day - no official comments from VCTY on the subject. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60073625

3. Failure to retire 1.3 Billion shares as promised on July 19th 2011 - this may come to completion in the near future.

4. The Sale of ASCC a reportedly profitable company for 800 million shares of a stock that barely trades... Stated releasing full details soon... months ago.... still nothing is released to shareholders http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60195127

5. Lawsuit against VCTY and the fact that it was revealed to shareholders in a passing note in a email newsletter....

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61359691

6. China Liason contact information promised months ago... no mention of that in months... right along with details about the ASCC sale.

7. VCTY name change... filed and misspelled by VCTY.. then name change aborted....

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60664442

8. Spending Hundreds of Thousands of dollars on a PR campaign to increase awareness of VCTY... and the share price went precisely... nowhere... then diluted to recover that money spent.

9. The float... is outdated by 8 months... and VCTY refuses to provide it's shareholders with a current float figure...
Share Structure unchanged - 4.8 Billion AS as of 5.6.2011

Share Structure
Market Value $2,397,899 a/o May 05, 2011
Shares Outstanding 4,795,797,814 a/o Feb 17, 2011
Float 146,262,970 a/o Sep 30, 2010
Authorized Shares 4,888,000,000 a/o Sep 30, 2010
Par Value 0.001

http://www.otcmarkets.com/stock/VCTY/company-info

And so... much more... It's a trail of failures and false promises From Summer 2010 and beyond.

PPS can surely rise - but to say that it's all hydro's fault is pure nonsense - give VCTY credit - it has gone way beyond one merger's failure.