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It would nice if they gave us some news before the long weekend.
This is one of those stocks that you can just feel the momentum.
Big Quarterly Profit Seen From ValCom
11:06a ET May 24, 2011 (Market Wire) ValCom, Inc. (PINKSHEETS: VLCO) reported a big gain in quarterly earnings when the media and entertainment company disclosed the financial results for the 2nd quarter of its financial year.
A key statistic in the 2nd quarter 2011 financial data is the company's total assets which grew over 200% from September 2010 to over $24 million. The increase is primarily due to the company's audio and film library and growth within its My Family TV television network (www.myfamilytv.tv).
"ValCom is starting to heat up!" stated Vince Vellardita, President and CEO of ValCom. "Our financial results are starting to show what our shareholders have waited for. This company has been dramatically undervalued as we continue to execute our business plan to increase shareholder value."
The 2nd quarter financial results showed a $.33 earnings per share, meaning that ValCom's earnings per share are 15-times where the stock is currently trading.
Big Quarterly Profit Seen From ValCom
11:06a ET May 24, 2011 (Market Wire) ValCom, Inc. (PINKSHEETS: VLCO) reported a big gain in quarterly earnings when the media and entertainment company disclosed the financial results for the 2nd quarter of its financial year.
A key statistic in the 2nd quarter 2011 financial data is the company's total assets which grew over 200% from September 2010 to over $24 million. The increase is primarily due to the company's audio and film library and growth within its My Family TV television network (www.myfamilytv.tv).
"ValCom is starting to heat up!" stated Vince Vellardita, President and CEO of ValCom. "Our financial results are starting to show what our shareholders have waited for. This company has been dramatically undervalued as we continue to execute our business plan to increase shareholder value."
The 2nd quarter financial results showed a $.33 earnings per share, meaning that ValCom's earnings per share are 15-times where the stock is currently trading.
That is awesome! What is the float here?
I'm in! This baby is going to soar.
For those making a big deal out of Sass being here I would ask what benefit he gained? The stock never had any major runs because of his comments. The only runs it had were small and because of news. He never really gave us any real information. I have to admit, I would like to get back into this stock, but I am nervous. What are people's opinions on why this might move in the next week or two?
Are we talking near or longterm
I am shocked that this thing tanked after the merger news. Were the terms of the merger bad? Is there any reason to hope that we might receive good news soon?
Why is the price falling if the merger has been finalized?
Can anyone clarify what we got last week. I am assuming this 8k is not the one we want.
At this point, what difference does that make? Shortly or immediately, either one is well past.
Sass said very clearly that the 8k would immediately follow the 10k, and whatever your interpretation of immediately, I don't think too many would consider a month immediate. A good company would have released an update pr--from the company, not some guy posting on a board--explaining where things are at. This is becoming a joke, and the lack of communication is damaging credibility.
This is just continuing to fall. What is going to prevent this from dropping to .0003 tomorrow?
Is the only thing driving this some guy associated with the company--or is there something real on the horizon
Thank you--I appreciate it
Why is this thing on the rise with no news?
If you believe Sass's telegraphed message, the 8k is not happening this week. In his last post he references the Easter holiday as being a hinderance to their manpower--this to me is a telegraph saying, "we aren't getting this thing done in the next fews days"
I disagree with your premise. Just because someone is on pinksheets doesn't give them a liscense to do business dishonestly. Just because it happens, doesn't mean it should. I know what a pinksheet is and at the end of the day it is a business that people are investing in based on their own DD and the information made available by the company--honest or misleading.
I believe the company does owe us something, unlike NYC said. If we invest into something, believing what the company tells us is going to happen--they should follow through. Why? Because that is what GOOD companies do. The point is, Sass has said several things that, in my opinion, were either too optimistic or flat out misleading.
The other main problem I see is, how does the company miscalculate completion deadlines so badly? This idea of it being a good idea for them not to give deadlines is absurd. A deadline is a goal based on what an investor hopes is insightful management and leadership. Right now, there is not one person on this board who can say this merger is going to be complete with any real assurance. Bottomline is, we are all in the dark, because all we have are ambiguous posts by Sass and nothing from the company. If they need more time, fine--but give us a legitimate update on what is happening so we aren't all in limbo.
Considering we have been left in the dark, who knows. At this juncture, the company should at least give us an update pr. This Sass guy popping in yesterday and making some random reply to Veritas or some other basher saying something about "hoping to get things done" is nothing short of frustrating. I could be wrong, but I don't believe there is one person on this board that thought we would not have an 8k this week. Everything Sass has implied would lead a reasonable person to believe the 8k would immediately follow the 10k. This is my opinion.
Is it possible the company could issue an actual pr here. I mean this is becoming very frustrating, and yet no word from the company. Meanwhile the stock tanks. My opinion is all this is.
"Audits are in the process of being completed," said Michael Matvieshen, CEO of Salamon. "While we acknowledge that we had set expectations for February 28th as the last date for closing, it is prudent to reassure all stakeholders that, in our opinion, there are no apparent obstacles to the expected finalization of the merger by April 5th, 2011
How can we be confident that the merger is immenant when the company has been wrong time and time again! Sunbits directly implied that once the 10k was done that would be a DIRECT signal the merger was complete. This is my opinion.
Sunbits, you said that the filing of the 10k would mean the 8k would immediately follow, and yet, here we are another week later. Still nothing--and now another post saying you "hope" things will work out. This is becoming a joke. This thing was due on April 5th--does this company have no foresight?
Is there any substantial evidence which would give us hope that the merger will be announced tomorrow?
Why don't you think the funding of NCP is happening, and how will this ultimately affect the deal in your opinion?
Let me clarify, it was Sass who implied that after the 10k the 8k would follow very close behind and he also implied that was the main hold up, so now I wonder what the problem is. Just file the dang thing.
Would you mind posting what the alert was?
Please don't advise me on what to do with my stock. Thank you. There is a difference between whining and being concerned with inconsistencies in what we are being told. I'm not saying that the 8k isn't happening, but quite frankly, every implied deadline has been missed with this company (as far as I can tell), which is getting very frustrating.
We were told that this merger would be completed by April 5th; in fact, in March we were told there were no barriers to finishing the merger. Then we were told that the 10k was needed and then the merger would immediately follow, yet here we are now 5 days later. Can we get the actual truth here? I understand there are hiccups that occur, but be honest about it.
Additionally, we had great momentum coming off the 10k which has all evaporated. Very frustrating.
I swear, and I could be wrong, but I believe just yesterday you claimed I was a hard man to please. lol. I agree, it is strange that they didn't release it.
It would be great to see the merger announced tomorrow. I believe this stock will fall back to .08 by Wednesday if they don't. I also think that strategically it defuses the momentum, but I do believe the merger will happen either way.
Veritas, I'm not sure what kind of game your playing here, but we both know this is going up.
Your right, but I don't think too many people anticipated the price dropping back to the .115 range-- I thought for sure we'd be at least in the .18 to .20 range just off of the 10k. So, that being said, it is just a bit anti-climatic and a bit frustrating is all.
In my opinion,Sass made it sound as though the 10k and 8k would be filed almost simultaneously. I thought the 8k would be filed the very next day, because Sass implied that the filing of the 10k would mean the 8k is a done deal, so what is the hold up?
I tend to agree with you--I was expecting at the very least an increase today. This is pretty dissappointing. Hopefully the 8k will be released today or tomorrow.
I am curious about thoughts, opinions, or actual facts about the upcoming week. What does everyone think about share price in the near future? Also, what are opinions on when this 8k will be released, and share price after the 8k
If I remember correctly, Sass made it sound like the 8k would immediately follow the 10k. I personally think it would be wonderful if they let this simmer a bit on Monday, maybe let it raise to .20 or so and then release the 8k around power hour. I think that waiting too long to release the 8k will result in the price dropping back down, even if we are talking only a few days.
Great, we'll see you again Monday morning it sounds like ; ) Hopefully.
Is the merger complete?
I think it would be a momentum killer if they don't release on Monday