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HDOGTX When is this slated to emerge? I understand the potential but I do not see how we know for certain that when/if this emerges that it will be officially tied to KRUSE? Perhaps I overlooked something along the DD highway here.
What happens if KRUSE decides to increase the OS/AS?
precisely... that is the point. They were dishonest and their filing on 7.19.2010 was not fulfilled as stated - seeing as how they never retired 1.8 billion shares as laid out.
Spinning? By posting VCTY's own words? - take it however one would like but use the facts that are available to all via the PR's, filings and the like to determine whether VCTY is a stock that one would be interested in placing their money.
I was quoting from the July 19th 2010 filing that stated that if the hydro & video rental company mergers did not come through - the 1.8 billion shares would be retired.... which has not happened... and VCTY's IR responses on the issue seem to be that they either care nothing that this huge portion of the OS/AS hurts the pps and intend on stringing out these two mergers (that appear for all intents and purposes to be no longer in talks or even on the horizon for VCTY) indefinitely.
No explanation provided for the reduction of 3.5 billion shares from the OS for one full trading day and then an increase to 4.6 billion right after close is worse than the actual situation itself... if VCTY does not address shareholders as to why this occurred - it is damning in appearance...
and then they say in the friday tips that as opposed to earlier pr's ASCC sale is not closed and is being worked upon because they cannot seem to get the companies to sit down together? Due to travel schedules? That is almost as bad and unprofessional as the infamous PR stating that - VCTY cannot close on the hydro merger because our representative is sick with a stomach ache....
2.4.2011"VCTY addresses large OS
Addressing a shareholder question regarding the company's potential hydro merger: If management decides to proceed on an all-cash basis, then 1.5 billion shares will be financed or used to get the cash. If it abandons the deal altogether then, yes, 1.5 billion shares come back to treasury or stay in escrow for another merger. It's one or the other, not both. The same scenario applies to the 300,000 shares for the acquisition of the video company. The company is hiring an additional IR rep in Hong Kong who will liaison with the Chinese company and be close to the action to report back to shareholders. The telephone number and name of the Chinese rep will be released shortly." - (quoted from Friday Tips 2.4.2011).
The 1.5 billion shares (allocated to the hydro company) and the 300 million shares (allocated to the unknown video company) were detailed in the July 19th 2010 filing on pinksheets... the filing that stated:
"VCTY management will further allocate 1.5 billion shares at $.008 per share (shares in the value of $12 million USD) to the China Hydro Company upon completion of the merger with VCTY.
The management also intends to allocate 300 million shares at $ .008 per share (shares in the value of $2.4 million USD), for the pending merger with the US based, video rental company.
Should these mergers not come to a fruition the above shares held in escrow will be returned to the treasury and or the company may without advance notice reduce its authorized share structure."
They have no hydro merger as far as we know and there has no detail about a video rental company in 7 months.... why are there 1.8 billion shares in 'escrow' (which are really in the OS/AS) when those mergers are not imminent or even spoken of? Why would VCTY not retire those shares until a real merger is ready to finalize? A lower OS/AS would surely have a positive effect on the PPS and shareholder confidence, but instead of reducing the OS, VCTY has kept that 1.8 billion share amount and added additionally to it since...
VCTY Reply - Why is the Float not updated
Mon, Jan 31 2011 12:29pm
Good day,
Can VCTY provide an explanation for why the Float amount on pinksheets has not been updated since 9.30.2010? Why is VCTY stating that they desire to be a transparent company when they do not update the pinksheets float in a timely basis?
When will the float be updated to reflect the current float amount?
What is the current float amount?
Thank you,
Mon, Jan 31 2011 12:59pm - Michael S
We do not give out current float amounts as it could be considered libelous. I have no info on when pinksheets will be updated.
Mon, Jan 31 2011 1:09pm
So as a shareholder of millions of VCTY stock - VCTY is refusing to provide it's shareholders with up-to-date information about how many shares are in the float?
That seems less than transparent and does not encourage trust in VCTY (which many, many people have little of when it comes to VCTY and MMMG in general).
Can you explain why other pinksheet stocks have no problem keeping their float on pinksheets current? Why is VCTY not striving to maintain that same high level for it's shareholders?
Thank you,
Alan
Mon, Jan 31 2011 1:13pm - Michael S
I will send in a request for an updated share structure.
Mon, Jan 31 2011 12:23pm
Good day,
The latest PR was somewhat vague - it was stated in past PR's that VCTY was going to use the proceeds (stated to be in the millions) to fund either the AMETA merger completion (which has not been mentioned in quite some time - is there something holding that merger up?) Or the Hydro (which, being an all-cash request now seems highly unlikely).
Which leads to several questions:
a. Now that ASCC is sold - will the OS/AS be reduced significantly? There were 1.5 billion shares allocated as of July for the Hydro merger - seeing as now they want an all-cash offer, those shares will be retired as stated when those shares were issued correct? When will this occur?
b. The 300,000 shares allocated to an unknown video company - as that merger has not come to pass - when will those shares be retired?
Quoting from the filing on pinksheets - July 19th, 2010: after stating the allocations for Tactician University, Hydro and a video merger it states: "Should these mergers not come to a fruition the above shares held in escrow will be returned to the treasury and or the company may without advance notice reduce its authorized share structure."
When should we expect VCTY to keep it's word and retire those shares and reduce the AS/OS?
Also - what is next for VCTY? We have just sold off a company - to what end?
Thank you in advance - I know that I speak for the majority of longs on ihub when I say that greater detail in the PR's about what VCTY is doing and why the OS/AS is still so large would be greatly appreciated (more-so if the OS/AS was reduced as promised on July 19th.
Mon, Jan 31 2011 12:57pm - Michael S
I will forward these questions.
As for whats next: Any future plans will be discussed in PRs or filings.
Mon, Jan 31 2011 1:11pm
Thank you,
When can I expect a response to those questions that you have forwarded? In the past - I have received responses stating that my questions were forwarded and months (three to be exact) have passed by without and response. Is it VCTY's intention to be less than forthright with it's shareholders? Why would VCTY not desire to follow through with their stated action of retiring shares should a merger not occur?
Thank you for your time,
Alan E.
Mon, Jan 31 2011 1:14pm - Michael S
You will not receive a response from me. I forward questions and answers are provided via PRs, filings, and newsletters(including Friday Tips).
Pinksheets filing 7.19.2010 retiring shares Unfullfilled
Quoting from http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=34056 - pinksheets filing on 7.29.2010
VCTY management will further allocate 1.5 billion shares at $.008 per share (shares in the value of $12 million USD) to the China Hydro Company upon completion of the merger with VCTY.
The management also intends to allocate 300 million shares at $ .008 per share (shares in the value of $2.4 million USD), for the pending merger with the US based, video rental company.
Should these mergers not come to a fruition the above shares held in escrow will be returned to the treasury and or the company may without advance notice reduce its authorized share structure.
Do we have a hydro merger or a video rental company merged with VCTY? Then why would 1.8 billion shares still be in 'escrow'?
I have asked IR this question many times over the past 6 months and they will not answer questions - here is their latest response to my inquiries - this about the float:
IR Response - scroll down for today's response
Mon, Jan 31 2011 12:29pm
Good day,
Can VCTY provide an explanation for why the Float amount on pinksheets has not been updated since 9.30.2010? Why is VCTY stating that they desire to be a transparent company when they do not update the pinksheets float in a timely basis?
When will the float be updated to reflect the current float amount?
What is the current float amount?
Thank you,
Mon, Jan 31 2011 12:59pm - Michael S
We do not give out current float amounts as it could be considered libelous. I have no info on when pinksheets will be updated.
Mon, Jan 31 2011 1:09pm
So as a shareholder of millions of VCTY stock - VCTY is refusing to provide it's shareholders with up-to-date information about how many shares are in the float?
That seems less than transparent and does not encourage trust in VCTY (which many, many people have little of when it comes to VCTY and MMMG in general).
Can you explain why other pinksheet stocks have no problem keeping their float on pinksheets current? Why is VCTY not striving to maintain that same high level for it's shareholders?
Thank you,
Alan
Mon, Jan 31 2011 1:13pm - Michael S
I will send in a request for an updated share structure.
Fri, Feb 4 2011 1:03pm
Good Friday,
Can you provide an update as to when VCTY will be updating pinksheets and it's investors as to the current float? As well as confirming the OS/AS (ASCC was stated to have been sold for 8 million shares - that would mean that the OS/AS would be reduced by 8 million shares now that it is no longer with VCTY?)
Thank you for your time,
Alan
Fri, Feb 4 2011 1:10pm
Begging your pardon as I mistyped - ASCC was acquired by VCTY for 8 million shares (the amount was confirmed to be correct by you all here at IR even though it sounds very low) so with the sale of ASCC - would the 8 million shares be retired? What is the status of those shares?
Fri, Feb 4 2011 2:50pm - Michael S
Share structure will be addressed after the sale of ASCC and the future mergers coming in. I cant comment on anything further.
REPLIES Multiple Tickets IR- 10.7.2010 Scroll down - ANSWERS in RED
Thu, Oct 7 2010 10:40am
Good morning,
This is a disappointing day for me - I have held a few million shares here for several months and it is fast approaching the point where I cannot place faith in VCTY anymore - can you provide any information as to the following questions?
Whether or not we like it - Tactician university has done very little for the stock pps regardless of it's dollar merits (which appear to be real & valid - however audited financials would be a step in the right direction) - and the news of the massive hydro merger did nothing to keep it above .01 so it looks like there is no hope for the stock staying/reaching those kind of heights again without a done deal on the table and it being PR'd in full detail, audited financials etc... Remember when you here at MMMG told us shareholders that audited financials were going to be coming when the merger happened - and that merger was IMMINENT... SOON - VERY SOON...
The OS/AS is a serious issue that VCTY has to answer - why are the restricted shares issued instead of being held in escrow as stated in the July PR until a deal is actually complete - clearly those shares are being treated as being in market by the MM's - even though they are 'not' - Specifically referring to the hydro's shares, the video company's shares and the billion UNACCOUNTED FOR shares that are just sitting there without any explanation as to what/where those shares are doing in our OS/AS?
Why are the video company restricted shares not eliminated if that merger is no longer in the plans?
What happened with the buyout/purchase of Tactician University? Is it still on if VCTY goes through with a merger with a new company like this India Construction Company or did we miss the boat on that with the hydro company apparently going from just needing to review the final documents to not signing anything at all...
Any response as to the above questions would be greatly appreciated as we as shareholders decide if months of being told one thing only to find out that the float rose 3X, the hydro was not a done deal/reactor approved meant nothing etc...
Thank you in advance,
Alan E.
Thu, Oct 7 2010 12:33pm - Michael S
The merger is still on the table Alan. As for your questions on Tactician and the unaccounted for shares, I cant answer those until the deal is completed.
Thu, Oct 7 2010 12:47pm
Thank you Michael,
Why can you not address the unaccounted for shares? VCTY was able to address them in their PR dated July 19th, 2010:
Henderson, NV, July 19, 2010—Videolocity International, Inc.
(VCTY; http://www.videointernationalcorp.com) addresses the Investors' inquiry about the share structure of VCTY and the shares allocation. The company does so, to dismiss any possible rumors about the company dilution. Videolocity International, Inc. management allocated company shares as follows:
The VCTY management has allocated 1 billion shares to its subsidiary Tactician University at $0.008 per share (shares in the value of $8 million USD). These are restricted shares that cannot enter the market for several years and only under specific guidelines.
"VCTY management will further allocate 1.5 billion shares at $.008 per share (shares in the value of $12 million USD) to the China Hydro Company upon completion of the merger with VCTY.
The management also intends to allocate 300 million shares at $ .008 per share (shares in the value of $2.4 million USD), for the pending merger with the US based, video rental company.
Should these mergers not come to a fruition the above shares held in escrow will be returned to the treasury and or the company may without advance notice reduce its
authorized share structure.
At that time, I wrote to you all and here is the string of correspondence that I received - ticket # 820875 for your reference:
Fri, Aug 20 2010 5:13pm
Good day,
Regarding the number of shares - can you explain the portion of the shares that were NOT accounted for in the PR dated July 19th 2010 (that dealt with shareholder's questions as to dilution) There is an unaccounted for 1.051bn shares according to that tally. This is really concerning and makes many folks hesitant to invest with several billion shares out there and with just over 1 billion unaccounted for - Here is what I have tallied from that PR:
1bn restricted shares "allocated" to Tactician U.
PLUS
1.5bn restricted shares "allocated" to China Hydro Co.
PLUS
300mm restricted shares "allocated" to Video Rental Co.
PLUS
105mm in the current float
SUM = 2.905bn shares.
That leaves 1.051bn unallocated shares short, if the Pinksheets number of 3.956bn share count is correct.
If the number of shares on Pinksheets if incorrect - what steps are being taken to correct this error? Please explain in detail so that I as a shareholder can understand what and where these share are and reside.
Thank you in advance.
Mon, Aug 23 2010 11:37am - Jeff Allen
Long time shareholders.
JA
Mon, Aug 23 2010 11:42am
Good Monday,
Thank you - can you expand further upon that response? So these are what type of shares and are they part of the float? When will this extra billion shares be released into trading etc?
Any light you can shed on this would be appreciated so that I can better understand why this number of shares is included but is not part of the float.
Thank you! - Looking forward to Hydro merger news later this month.
Mon, Aug 23 2010 11:45am - Jeff Allen
So these are what type of shares and are they part of the float?......Free trading. When will this extra billion shares be released into trading etc?... No news on that yet.
JA
Thu, Aug 26 2010 3:49pm
VCTY
Good Thursday,
With regard to the 1.051 billion shares - you state free trading - so those shares ARE or ARE NOT part of the float (because free trading would infer that they are actively traded). Please correct me if I am in error - just trying to figure this out because it is not clear & folks are beginning to get a little bit doubtful that the float is indeed 105 million (can you confirm that?)
Thank you for your time,
Alan
Fri, Aug 27 2010 12:42pm
Good Friday,
As per the update on OTC markets - the float has now more than doubled.... to 375,000,000 as of Aug 27, 2010
So the PR dated July 19th 2010 stating dilution was what? Quote: "addresses the Investors' inquiry about the share structure of VCTY and the shares allocation. The company does so, to dismiss any possible rumors about the company dilution. Videolocity International, Inc. management allocated company shares as follows:"
Can you please address why this change was made and why VCTY would take this action towards it's shareholders who are patiently waiting for promised mergers? Only to see dilution occur.
Thank you in advance.
Mon, Aug 30 2010 1:38pm - Jeff Allen
Hello Alan,
I did some checking for you and these are all questions that will will be answered on ous ask the IR section of the website this week.
JA
-------------
The question as to where and what the additional 1 billion shares that is not being used for any merger remains unanswered.
Thu, Oct 7 2010 12:50pm
Additionally - in the last Friday Tips dated 1 October 2010- now apparently Dilution IS on the table in contrast to that July 19th PR that assured us that it would not occur - quoting:
"To that end we are proposing to VCTY and the now two well-qualified candidates to participate in a "Dutch Auction" for VCTY. It is our hope and desire to see the best company win. The end result should translate to nominal or no dilution and a massive win for VCTY shareholders. In business, timing is everything, and VCTY (and its shareholders) are truly at the right place at the right time!"
What are we are shareholders supposed to make of this contradiction of previous statements made?
Thank you in advance - Alan E.
Thu, Oct 7 2010 2:25pm - Jeff Allen
There was no contradiction! Sometimes plans change and the company must do whats best for them.
JA
Thu, Oct 7 2010 2:30pm
No dilution vs. hopefully nominal dilution? That is a difference.
You do understand how that makes MMMG and VCTY look though? Saying one thing and doing another is the definition of lying?
Alan
-----------
Thu, Oct 7 2010 2:32pm
Good afternoon,
When will there be a PR across news-wires? For the two new filings on Pinksheets so that folks can go investigate it?
Can it be explained why filings like this are not highlighted in PR's across new-wires and instead are only mentioned in the limited visibility news areas like friday tips? IMO the visibility of VCTY and it's potential is subpar as a direct result of a lack of PR across newswires.
Alan
Thu, Oct 7 2010 2:34pm - Jeff Allen
They just were.
JA
Like repeatedly running into a brick wall... I have been asking questions for nearly a year - they went from moderately informative to referring every question to company future PRs/filings (which of course do not answer meaningful questions such as the float amount, the reason why the 1.8 billions shares in the OS/AS are STILL not returned to the treasury as promised) etc...
It's the never ending hamster wheel...
Why would we believe them? What respectable company that says it is trying to be more up front and such would not update their float in four and a half months? Seeing as how they just added 600 million+ to the OS - maxing that out - what person of a logical mind would not think that they may have increased the float as well.
ASCC Sale went from CLOSED/finalized to PENDING:
January 31: Videolocity International, Inc. (VCTY; announced that it had closed the sale of its Avatar Singh Construction subsidiary (ASCC) and that there could be a possible distribution for VCTY shareholders. The sale of ASCC is being conducted on an all-stock basis and could yield VCTY several million dollars in profits.
VCTY's Tactician University announced that it had organized a seminar with the Chinese Academy of Social Sciences Urban Development and Environmental Research Institute to promote regional economic development in China.
January 28: VCTY announced that a deal to sell its Avtar Singh Construction (ASCC) subsidiary to Evader Inc. (EVDR; ) was in place and that the transaction was expected to close within 10 days once all of the involved parties finalized the logistics of this sale.
Now Today - the latest news is:
February 16: Videolocity International, Inc. (VCTY;
VCTYThe ASCC sale should close soon. Just as with EVDR, we see administrative and coordination hurdles since the companies' principals are trying to resolve the sale while out of the office on business. The sale is on and as soon as the dust settles, VCTY will have a single main subsidiary: Tactician University.
So... is this just like the Merger with AMETA - which was ready to sign... and the hydro merger - which was a signature away?
OS increased by 695 million
The OS was previously 4.1 billion as of Feb 15th and the 16th during the trading day - increased yesterday after the close to 4,795,797,814 a/o Feb 17, 2011
As per pinksheets 2.18.2011:
Market Value1 $6,234,537 a/o Feb 17, 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
The Float has not been updated in four and a half months - nor has the Authorized shares.
I have asked the investor relations of VCTY repeatedly over the past three months to update us on the float and AS - they refuse to tell us what those numbers are. The TA is gagged and refers you to contact Michael at VCTY's IR company - who responds to any requests concerning the share structure to be addressed in company PR's and filings...
News 2.18.2011
February 16: Videolocity International, Inc. (VCTY; www.videointernationalcorp.com) subsidiary Tactician University has had its management training and consulting business for small and medium enterprises (SMEs) officially recognized for its outstanding achievement by the city of Shenzhen.
VCTY
The ASCC sale should close soon. Just as with EVDR, we see administrative and coordination hurdles since the companies' principals are trying to resolve the sale while out of the office on business. The sale is on and as soon as the dust settles, VCTY will have a single main subsidiary: Tactician University.
Tactician University continues to reap the fruits of its well-positioned line of business. Tactician's president has been appointed a part-time supervisor of the International Business School at Sun Yat-sen University's Zhuhai campus. TCU has been honoured for its contributions in the training and certifying of SMEs' management in Shenzhen, positioning the company for further growth in the Chinese city. The company's Reverse Boost is being worked on.
Source: Friday Tips
Here is what happened - Otcmarkets/pinksheets' stated OS amount for VCTY was reduced by 3.5 billion+ this morning... all the way down to 492 million OS... hence the excitement... 4 billion to less than 500 million is a huge decrease (and with VCTY stating that they would be buying back shares... this sort of made sense... even without a PR)
As of this evening VCTY/MMM.G have changed the OS to a new number as of close of the market today: 4,795,797,814
http://www.otcmarkets.com/stock/VCTY/company-info
Read this earlier post ( 55184 ) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60058038
- somehow - someway - VCTY made an error OR pinksheets made an error for the entire trading day regarding the number of OS shares for VCTY.
I looked into it this afternoon because I was interested as to why such a large decrease in the OS would occur and not be PR'd so I contacted the IR for VCTY/MMM.G and posted their replies for the board to see... and that's all we know...
Last post in my allotted 15 posts per day limit for the day here - odd day for VCTY ... I recapped the past several months for VCTY here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60068747
Disappointment all around - hopefully VCTY can take some actions to increase it's value and better explain to folks the profits within the one company that they do have.
* Exit question - was VCTY/MMM.G aware of the incorrect OS before I and others contacted them...? I am not saying anything under the table on vcty or pinksheets part.
I have a computer screenshot image of the OS on pinksheets during the trading day showing the 492 million OS.
Most welcome - That is the kind of error that everyone should know about so that they make informed decisions about VCTY based upon it's true merits.
To recap the last several months with VCTY (June onwards)
Hydro merger - most likely no longer exists - we have never received clarification on the issue despite multiple requests to VCTY for a final PR on the subject.
ASCC merger - we were told that the merger was with the whole company earning 7 million+ - we instead merged with 1 of the three companies within the company for 8 million shares... and not the 1.5 Billion shares that IR informed us that the expense would be.
AMETA merger - we were told that this was nearly a done deal - and it looked like we were about to merge with a decent company... silence reigns on the subject from IR, PR's and friday tips.
ASCC sale - were told that it was closing in 10 days a while ago.... we do not know if the sale was completed, what VCTY received for it's sale, and/or how that profit will be used.
Share reduction - long overdue - 1.8 billions shares at a minimum were to be returned to the treasury if the hydro merger & video closed caption mergers detailed in June of 2010 did not come to fruition). As of today the OS/AS have never been higher and there is no response from IR, PR, filings or friday tips as to when we might expect such a share reduction to occur.
Q4 financials - are according to IR today - not going to be shared until March.
And lastly... pinksheets for unknown reasons changed the OS to 3.5 billion+ less shares than are actually in the OS for one full trading day.
IR Response - OS Pinksheet Error? per IR the OS stated on otcmarkets is incorrect. Scroll down to read the whole conversation.
Thu, Feb 17 2011 12:47pm
Good day,
We on the IHUB board were delighted to see the OS reduction from 4 billion to 492,171,990.
Questions:
1. How/Why did this OS reduction occur? Was this the share buyback previously mentioned?
2. Was this a retirement of the shares allocated to mergers that did not come to fruition? Was the promise to retire the shares back to the treasury finally kept?
3. The Float has not been updated in nearly 4 months - we all desire to know what the float of the stock that we are invested in is currently - in order to increase confidence, please detail the current float so that we can address the many questions about the validity of VCTY.
4. When will this 3.5 billion reduction in the OS be PR'd across newswires with a detailed explanation? A little interest is being shown due to our efforts on Ihub - will VCTY be explaining this development in a PR today/tomorrow?
5. Q4 financials are overdue? When will those financials be filed and PR'd? If investors can see the profits along with the huge OS reduction (and the confirmation of the float at 164 million) in one PR with detail... the pps and investor confidence will rise as one...
Please reply back at your earliest convenience - we are quite excited about this development and hope that this is the point when VCTY/MMMG will explain this clearly and properly as soon as possible via news-wire Pr's and pinksheet filings.
Alan E.
Thu, Feb 17 2011 2:15pm - Michael S
Any changes in share structure will be discussed by the company via PRs or filings.
Thu, Feb 17 2011 2:21pm
Please address all questions - Q4 financials status? The deadline to file those has passed by if I am not mistaken?
The trouble is that there have been no filings since December and the PR's do not address the share structure, financials or any other topic in depth that investors need to know about before they will invest... VCTY just reduced the OS from 4 billion to 492,171,990 as per otcmarkets today and did not say a word about it in filings or PR. If the IR for VCTY does not answer questions - how are investors going to learn what they need to about this stock? What good is this ticket process when all that is ever said is - The company will address in PR's or filings... It's worthless?
Looking forward to an official PR and filing explaining the reduction and a current updates on the AS and Float for VCTY as soon as possible.
Alan E.
Thu, Feb 17 2011 2:26pm - Michael S
No! end of the year financials are not due until the end of March. Pinksheets is incorrect and will be updated briefly.
Thu, Feb 17 2011 2:31pm
Thank you for the update on the financials.
Do you mean that the AS and the Float are incorrect or that the OS was not reduced as is currently detailed?
Alan E.
Thu, Feb 17 2011 2:33pm - Michael S
OS is incorrect. It will be fixed soon.
....... Now what that means precisely ... I do not know ... sharing for the good of the board... the OS on pinksheets is still 492,171,990
http://www.otcmarkets.com/stock/VCTY/company-info
Spread the news folks - other boards and such - running out of posts myself - we just had a 3.5 billion share reduction in the OS here - and VCTY will surely PR news along with Q4 financials soon.
Q4 Financials Due Out Profits Million Plus Each Quarter:
Review this yourself to see the past two quarters of Financials at otcmarkets VCTY under the Financials tab:
The Nov 8, 2010 filing is the Quarter 3 Financials:
(Q3 financials show a profit of $1,614,193
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=38596
The July 14, 2010 filing is the Quarter 2 Financials:
(Q2 financials show a profit of $1,130,489
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=33937
The OS share reduction from 4 billion down to 492,171,990 as of today.
Share Structure
Market Value1 $639,824 a/o Feb 16, 2011
Shares Outstanding 492,171,990 a/o Feb 16, 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
They have not PR'd it yet - the change was just shown today on pinksheets. You also have the 4th quarter financials coming along any day now - the past two quarters have shown a million in profit.
Yesterday the OS was 4 billion - today it is 492,171,990
Take a look at pinksheets - just updated:
Share Structure
Market Value1 $639,824 a/o Feb 16, 2011
Shares Outstanding 492,171,990 a/o Feb 16, 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
VCTY OS Reduced by 3.5 BILLION today - share buyback completed - PR stating share buyback and 4th quarter financials for their main company Tactician University are due any day - see Q2 and Q3 financials - VCTY pulls in over a million in profit each quarter and now with a 3.5 billion share decrease... looking to climb back to .01
2.16.2011 - as updated on pinksheets today:
Market Value1 $639,824 a/o Feb 16, 2011
Shares Outstanding 492,171,990 a/o Feb 16, 2011 (Reduced from 4 billion yesterday).
Float 146,262,970 a/o Sep 30, 2010
Authorized Shares 4,888,000,000 a/o Sep 30, 2010
Par Value 0.001
As of otcmarkets VCTY 2.16.2011
VCTY OS Reduced by 3.5 BILLION today - share buyback completed - PR stating share buyback and 4th quarter financials for Tactician University are due any day - see Q2 and Q3 financials - VCTY pulls in over a million in profit each quarter and now with a 3.5 billion share decrease... looking to climb back to .01
2.16.2011 - as updated on pinksheets today:
Market Value1 $639,824 a/o Feb 16, 2011
Shares Outstanding 492,171,990 a/o Feb 16, 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
As of otcmarkets VCTY 2.16.2011
A detailed full pr explaining the share buyback across newswires. and then followed up with the detailed financials for the 4th quarter. They need to show that they have a profitable company on their hands - especially tied to this new lower OS. Spread the news...
PR this great news VCTY PR it across the newswires for all that you are worth... ASSUMING that the float is still at 146 million... that is an excellent OS and float for Tactician University...
So a PR detailing the 4th quarter financials after detailing the huge OS reduction would fit the bill?
OS just reduced by over 3 billion shares 2.16.2011
Market Value1 $639,824 a/o Feb 16, 2011
Shares Outstanding 492,171,990 a/o Feb 16, 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
As of otcmarkets VCTY
Absolutely correct - details are necessary pronto.
Realized how gloomy it sounded and decided it was of no purpose to anyone... but yes - it was a quick change!
Great post - It would be nice to know if VCTY is pursuing such an option and what that would entail.
Looking forward to a full and lengthy news-wire PR explaining our next steps to increase the pps here with VCTY
NEWS 2.16.2011 Videolocity International, Inc. (PINK SHEETS: VCTY) (www.videointernationalcorp.com) subsidiary Tactician University has had its management training and consulting business for small and medium enterprises (SMEs) officially recognized for its outstanding achievement by the city of Shenzhen.
Tactician has been honoured for its major contributions in the training and certifying of SMEs' management in Shenzhen. There are approximately 500 management consulting agencies in China, and Tactician Management Consulting Co., Ltd. was one of just 10 to pass an investigation and strict evaluation by experts and received this recognition in Shenzhen. Following this recognition, the local government will now offer it preferential policies to help further TCU work in Shenzhen.
Tactician should benefit by this new status since Shenzhen has been one of the fastest growing cities in the world since becoming China's first "Special Economic Zone" in 1979. It's southern China's major financial centre and home to the Shenzhen Stock Exchange and the headquarters of numerous high-tech companies. Shenzhen is also the third busiest container port in China, ranking only after Shanghai and nearby Hong Kong.
Tactician University is a progressive management education and leadership training center and think tank that tackles prevalent issues in the Chinese economy and its society, and trains 21st century Chinese leaders. It has a proven business model and VCTY is considering complementing it with additional viable ventures.
don't look now but .08 is back...
.085 UP
? we are about to break .08 - review level 2
http://www.otcmarkets.com/stock/evca/quote
L2 at http://www.otcmarkets.com/stock/evca/quote
NITE 0.073 5000 13:37
HDSN 0.075 5000 13:30
AUTO 0.075 5000 13:34
ETMM 0.075 5000 13:36
NOBL 0.088 5000 09:55
DOMS 0.088 5000 10:25
VFIN 0.11 5000 10:11
PERT 0.11 5000 13:20
UBSS 0.12 5000 13:15
Thanks - back in today... will see where it goes from here.
The sell off yesterday was a pause for me - do not like to see stocks fall so far off on real news. Shows that they are being played for short term flipping.
Perhaps there are more short term/major news investors in the stock currently and that will assist the pps upwards.
.075's about to go....
Have to hit the ask and work it up.... bid sitting stops momentum cold.
.07's broken L2
NITE 0.0735 5000 10:25
AUTO 0.075 5000 10:28
ETMM 0.075 5000 10:29
UBSS 0.082 5000 10:25
HDSN 0.083 5000 10:23
NOBL 0.088 5000 09:55
DOMS 0.088 5000 10:25
Folks would need to STOP selling and lowering their ask... folks are flipping this lower and it is not running as a result - raise the ask up - work the stock up... no teamwork here.
Nonsense - the first 20 minutes of trading can go way up or down and the rest of the day can do something entirely different - looking at only a short portion of a trading day (first of all, trade by week/month/news event) is a immature investor action.
Uplifting and full of factual information... VCTY's Q4 financials, news of the ASCC sale and other ventures are most likely coming in the near future... will be nice to see what the latest information is.