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We have been waiting for over a year! It's all gone downhill literally to the basement... It's not happening.... even if we do reduce shares .... (breath holding would be fatal) who would notice anymore in the kind of volume necessary to overcome the huge selloff of investors just dying to get out even or at a slight increase.
Not disagreeing - might as well hold I suppose - but to say that anyone at this point is impatient who has held for over a year is false - the trail of broken promises is right there for all to see.
Denial - a state of.
Look at the chart for VCTY - full year. What do you see? Looks nice for skiing right?
Doesn't make sense to sell now - absolutely true - it has very little more to go down to - and in VCTY's case... when PRs come out the PPS tanks because every PR is another promise unfulfilled or a statement that contradicts previous statements.
Very good points - reality is that there are a lot of folks holding a lot of shares who have lost a lot of money on paper. if the price does indeed rebound - there is going to have to be hydro merger-type volume and interest to absorb the hundreds of millions of shares that current shareholders will be selling off.
Will believe it all when I see it in black and white officially filed with pinksheets.
Still maintain that any respectable cloud computing company will look into VCTY - see it's past dealings and avoid it for credibility issues. How many reputable companies want a chinese sub .001 stock entity to be part of their cloud computing? As in securing important data.
Just saying - there is a huge issue there if indeed such a new merger continues.
With that being said - VCTY appears to still have Tactician University intact and pulling in a profit - it has been stated a myriad of times on this very board that with Tactician alone, this stock is worth more than it's current PPS - yet... here we sit... apparently it takes visibility and credibility as well as paper profit to increase the share price and VCTY has not put those three things together for nearly a year now.
Question is - how does VCTY proceed from here? How will they communicate to shareholders? If they go silent - we are done for - no trading volume - no awareness etc...
Interesting - when I emailed VCTY in February - he responded/well auto-blurbed. Great news that is - thanks Viking.
VCTY IR company MMMG out of the game:
"As previously announced, M....... Marketing Group is no longer offering long-term investor relations services to any OTC or OTCBB clients. We found that our services are best used in marketing where we come in as a short flight one or two day marketing campaign, and as a financial engineer for the Reverse Boost program. The new text is available on our corporate website (www.) which details the services we offer.
One of the very popular newsletters which we launched last year, Friday's Tips, dealt particularly only with ..... Group clients. We are extending this service to cover other companies, which will encompass our clients and those who are not our clients. We ask the followers of Friday's Tips to submit any requests at wwwt/helpdesk. We will use this service to compile FAQ questions on any companies that are traded on OTC markets. We will contact those companies, introduce ourselves, and act as a sleuth for these companies' followers and shareholders. The answers will be provided in subsequent Friday's Tips updates."
From 5.27.2011 Friday Tips.
Interesting.... change of management/ownership then? No longer Marc Pintar? How will/WILL? VCTY communicate to shareholders...?
what exactly is VCTY's future now that they have no IR company - if indeed they are no longer releasing PR's via MMMG.
VCTY is not part of Friday Tips Today - no mention anywhere. MMMG no longer with VCTY? Can anyone confirm from IR at MMMG that VCTY is no longer a client? MMMG took down their client list?
From Friday tips today below:
ALL COMPANIES
In last week's Friday's Tips, you mentioned that M.na M.r will no longer be helping to take care of the financials being posted on Pink Sheets. A few questions:
Question #1
How do shareholders go about finding out when financials will be released?
Answer
You have to contact the company directly or whomever and however you go about getting info from other companies that have no IR representation.
Question #2
Will shareholders be notified of such a release?
Answer
We have no idea. We told the companies the importance of press releases.
Question #3
Does this mean M.na M.r will no longer assume responsibility for answering questions based on financials being released?
Answer
Correct. Even this reply is being sent as a matter of courtesy only. We wish you guys all the best.
You missed the latest news... We already knew that the share retirement was delayed again... 1-6 weeks from the 13th of May 2011 is the latest delay.... no news on if/when the Q1 financials will be revealed to shareholders...
investorshub.advfn.com/boards/read_msg.aspx?message_id=63084684
What progress update was positive? What are you talking about? You must have some unknown source for news because nothing here is positive at the moment and nothing has been said that is positive/factual by VCTY for quite some time. Shoot - the last PR was in April.
VCTY was just dropped from pinksheets current status and they just stated that they may not be filing further financials and other documents on pinksheets... that means that we don't know officially how much they are making any more... the float is still outdated by over 7 months and on and on... where are you reading this positive stuff - we all want to know!
Pray tell - where is this "HINT"? Struggling to find any evidence to back your statement up - help us out and spell it out with facts from VCTY please.
Agreed that a switch to an IR company or just taking it on themselves would be an improvement over the current. However since MMMG owns VCTY... that's not going to happen. The president of VCTY is within the IR company - you all know that right? They are one and the same.
Respectfully disagree - SO MUCH has changed since last Summer - when it briefly hit .03 (was a pump and dump play) and settled above .01 for a bit - that you may have missed being away:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62893902
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.
and a partial list of the main events that dropped the PPS below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63078472
So no more filings for VCTY...? That is just about the worst PR update I have seen and VCTY has provided a lot of bad PR updates over the past year... basically - who cares about all of you - we don't have to file nor do we want to...
VCTY: "filings, detailed information - what in the world is this company doing"? NOT OUR PROBLEM.
They are going to file things on some IR company's website? That's not considered official or a legal document is it?.. they will not even file it with pinksheets? How is that supposed to help repair VCTY's reputation?
VCTY Friday Tips 5.20.2011 PKS downgrade
We realize some flippers and day traders are frustrated with the company's slow progress to return the two billion shares to treasury. We're telling you that it's being done. The delay is ... we can't tell you ahead of the anticipated news. If you don't believe that two billion shares will be returned, then sell your position and buy it back after the announcement. You may only get half or less of the shares you now have for the same cost. But other than that, where's the fire?
Question:
Why did VCTY fail to submit the first quarter financials to remain current?
Answer:
See the Insider Tip to CEOs and Directors below. We're also moving away from the "head IR" model and it's up to these companies to maintain their status. Many see no value in Pink Sheets Stop or Yield ranks, and many issuers will post their financials on IR websites or on their own site.
well & accurately said.
What is completely false? Everything stated in that post is factual, true to the history of VCTY over the past year and backed up with VCTY's own PR's, filings and investor sentiment.
...Contrasted to stating that the price will skyrocket to 20x current value if VCTY at some point keeps their stated goal to reduce the AS by 2 billion without any reasoning or facts provided for said statement.
Not even worth an explanation to shareholders in an official PR... no big deal - got dropped lower on the pinksheets rankings... VCTY sure made a big deal about being transparent and officially PRing when they became current on PinkSheets... Here is that OFFICIAL PR that they issued back then...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57963434
Based on what valuation? Still spreading out roughly a million in paper profit over 2,888,000,000 shares (assuming a 2 billion share reduction in the AS occurs from the current:4,888,000,000 AS). We do not even have a current float figure upon which to base evaluations that way.
What would make folks pay thousands of percent more for shares of this stock? Don't say financials for Q1... Q4 financials came out a little while ago and did precious little to raise the pps and they were positive... and a rumor from VCTY that an unknown, unnamed and no numbers cloud computer company merger is being looked at isn't going to cut it.
This generic comment that the price of this stock will increase TWENTY TIMES it's current pps of .0006 (what it is trading at now) is fact-less.
What did work to cause VCTY to go to .01+ (.03 was a blip runup flip) was the 200 million dollar hydro merger news. We would need something of that kind again to actually close or have full detail of to even come close to that again. IMO
Yeah... how many legit companies from around the world are putting all of their valuable company data in the hands of a non-reporting, non-audited sub .01 stock company based out of China with a history of failed promises and dubious actions?...
Just saying... people have a hard enough time trusting huge companies with a decent reputation like amazon to handle their company data/music etc... via cloud computing etc... and one thinks that folks are going to flock to a company owned by a chinese sub .001 stock price company on pinksheets?
Why Does VCTY not know it's own status of filing financials for Q1? Rhetorical question.
Always scary when our IR company has no idea what their company is doing. Really re-assuring to us all.
Remember - Q1 financials are promised to officially contain the long awaited 'SOON' details of the ASCC sale for 800 million shares of EVDR. Looking forward to finally seeing that officially documented.
VCTY Missed Q1 filing deadline - Downgraded to Limited Info on pinksheets..
http://www.otcmarkets.com/stock/VCTY/quote
So apparently they have not yet filed an extension etc... with pinksheets. This is the first time that we have lost our current status in a few months - sorry to see that happen - they filed the last financials Q4 at the stroke of midnight before it was due - looks like this time they didn't make it.
Thanks for sharing that IR response viking. Enjoy your weekend.
It's vague - would advise writing to IR and asking them if they can clarify.
Millions. Has nothing to do with the facts detailed however - and seeing as how no facts were detailed in this reply and no desire to have a conversation about the facts is occurring here... it appears that one simply dislikes any discussion of VCTY's actions in full.
Just because someone owns something does not mean that they should lie or ignore stated facts from the company. Call me old-fashioned... but facts are facts and should not be ignored.
VCTY FRIDAY TIPS 5.13.2011
Question:
Last Friday's Tips mentioned that the 2 billion shares were in a spool being returned to the Transfer Agent. Are there problems? And is there a possible timeline for when it will all be said and done?
Answer:
It is correct that over 2 billion shares are being returned. There are no problems, just lining up legal work to do an update on the Adequate Disclosure document with the return of the stock, otherwise the 2 documents will contradict each other. The timeline can be 1 to 6 weeks. As soon as lawyers and writers can get to it, it will be done, but this is the expected timeline at worst case scenario.
------------ ends Friday tips official PR from VCTY via their IR company MMMG
Share Structure unchanged - 4.8 Billion AS as of 5.13.2011
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
No - just not willing to let inaccurate statements occur without discussion and refuse to put on the blinders necessary to accept the latest non-detailed update from VCTY without careful consideration.
You, yourself have participated in thoughtful discussion many times and I have a healthy respect for your thoughtful points.
Didn't see anyone else calling that inaccurate statement out - so it was addressed... saying that only the hydro merger dropped the PPS is completely false... Would very much like to hear the argument for the fact that the Hydro merger failure on it's own solely dropped the PPS from +.01 (where most of my shares were purchased...) to .0004/.0005?
See... dilution... see.. volume dropping... etc... the hydro merger failure - finally acknowledged by VCTY a couple of months ago - did not operate within a vacuum.
How dare anyone provide facts... "To the MOON" only... right?
Facts are there for anyone to see - is there any point there that one has a question about? It's all straight from VCTY...
Productive discussion requires not selectively picking up the latest fluff and examining the whole picture...
Agreed - low volume - not much interest at the moment.
We need a merger with full detail - financials, full name of the company - how much is VCTY paying and where would that money come from etc...
It's like saying "Oh there's a singer coming to town!" but you don't know who it is, how much they are charging and if they are any good... this random, vague American Cloud Computing Company title is about as helpful to the PPS of VCTY as a turtle is to a nascar driver.
That is one of many reasons...
Absolutely - if they reduce the OS/AS by 2 billion shares and Tactician University continues to make a decent profit, it will be an improvement in the valuation. It may not lead to a increase in the pps simply because of the number of folks remaining out there who might pay attention to VCTY - penny stocks are 100% visibility and interest. Credibility was shot and potentially may recover.
Very good points about the hydro company had it become part of VCTY - I had not thought of that. There is something to be said for not merging or having a new merging candidate out there as a potential unknown. Not sure if there will be enough interest and volume though with just Tactician - thoughts?
My post was in response to another person - if you read that post - it claimed that somehow we had the same value as we did when the PPS was .01 - which is simply not true (given the pending mergers back then and the enhanced interest/volume etc...).
That statement is blatantly false.
'Should' - We don't live in a should world with VCTY - it's all speculation - when/if VCTY does reduce the AS by 2 billion shares or so - if anyone notices that this occured and/or cares after their many failures and failed promises - it should go up a little.
Without knowing the current float amount - it is difficult to gauge anything pps-wise at this point in a factual estimate manner.
True enough - The last straw was that February's one day share reduction in the billions and the next day it all increased upwards to the maxed out AS and OS and VCTY did not even have the guts to address their huge error in a PR.
One way to play stocks like this that do not keep their promises - and it is for sure - not an investment.
I'm one of them - 2 million+ strong.... timing is everything and I sure messed this one up.
GL2U as well.
Ah good to have someone back who has been with VCTY for a long time and understands. Although - don't forget that the hydro company signatures were imminent and that did not happen... no word is safe or sacred here with VCTY.
Whatever happened with that China IR rep that was supposed to be our direct contact for questions a few months ago... that was supposed to be coming forth soon (oh - there is one of those vague words again).
Nope - still something mentioned/promised - saying that something has occurred does not make it so - especially when they are not even confident enough to place this wording in an official PR. No proof = didn't happen.
What would be something completed would be when it is officially actually filed on pinksheets and the AS reads as 2.8 billion shares.
Once that happens - then something that can be proven as a positive for VCTY has occurred.
Still thinking about what their use of the word spool is and what it has to do with our billions of shares being removed....
Do you suppose that they will actually reveal the current Float if/when pinksheets reads at 2.8 billion shares? Or is the Float still "changing all the time" as stated by VCTY?
Just in case you have forgotten - see Hydro company statements by VCTY (just a signature away - going to close within weeks) See AMETA merger - going to close that deal when the sale of ASCC was completed) Have other examples if one still needs more proof...
You know VCTY and time-frames - shortly/soon = just shy of a year... when they give weeks... they go by without any comment...
Remember the hydro company? Closing the deal within 4-8 weeks... not so much.
How about those Friday Tips - they sure answered some questions by saying nothing? Words like 'Should' sure get me excited and confident...
You ask this same question every single Friday just before the tips are released. Friday Tips are generally released on Friday. Sign up at VCTY's IR company's website to receive Friday Tips and then when it is sent out - you will be in receipt.
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