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Did not ask anyone to not provide opinions or judge as to whether they were valuable, provided my own opinions based on the fact that nothing financial or even a name of the company is known about potential merger candidates.
VCTY already had a company complimentary to VCTY which it sold - it was called ASCC and it netted profits of 1.3 million annually. VCTY was nowhere near .01 - .02 or even dreamed of getting close to .02 - .04 when it had a complimentary company like Tactician University in ASCC. Therefore the logic does not hold true that this time it would be any different were the situation to repeat itself - .005 - .008pps was the range at that point in time.
If VCTY follows through and reduces the OS/AS by 2 billion so that the OS/AS is around 3 billion and then proceeds to merge with a verifiable company with verifiable profits of a sizeable nature - then we could see a nice increase back to the double zero range .001 - .009 perhaps.
We will have to see what actually happens - AMETA looked awfully nice also - as did the Hydro Company. But neither merger occurred as detailed by VCTY.
All of that pps guesstimating is worthless at the moment because the float is still unknown for going on 7 months is it? And VCTY has told us that the float changes frequently so it will not be updated. Once they provide a transparent share structure - then folks can start to feel more comfortable about it's stability and factor in the dilution to the float that occurred last month and beyond.
We know nothing about any facts of such a deal... IMO it is foolish to make speculative guesses about the pps based on an unknown potential, unknown financials, unknown company that may or may not merge with VCTY at some unknown time.
Stick with the profits that we have with VCTY now via Tactician University vs. the OS/AS - cannot properly evaluate any pps without having the current float...
Proof in Action - Reduce the shares VCTY:
As of this morning - no AS/OS share reduction:
http://www.otcmarkets.com/stock/VCTY/company-info
And while you are at it... how about a current float figure!
Awesome news! - When will this share reduction occur?
http://www.otcmarkets.com/stock/VCTY/company-info
VCTY IR RESPONSE 2.6.2011
Wed, Apr 6 2011 10:50am
Good day,
As it is April 6th and no details concerning the sale of ASCC as promised in VCTY's 2.22.2011 PR have been shared with shareholders - can we please know what VCTY received for the sale of ASCC? 800 million shares of EVDR we know, but are those shares restricted? If so, for how long?
Please request that VCTY keep it's own promises or to not promise anything at all if they are not going to do what they say they are going to do:
"HENDERSON, NEVADA, Feb 22, 2011 (MARKETWIRE via COMTEX) -- Videolocity International, Inc. (PINK SHEETS: VCTY) (www.videointernationalcorp.com) has announced that the sale of its Avtar Singh Construction (ASCC) subsidiary to Evader Inc. has been finalized.
VCTY now continues with a single main subsidiary: Tactician University. This progressive management education, leadership training and think tank venture tackles prevalent issues in the Chinese economy and society. It continues to grow, offer insights and positively influences China's decision makers.
In other news, VCTY management has been made aware of certain rumours which are currently circulating about a possible reverse stock split of its common shares. VCTY management is using this opportunity to dismiss these rumours as completely untrue. No such split is being considered for the foreseeable future. Management is also aware that its shareholders are seeking an uplift on the share valuations. The company has made this its top priority. Management has several options at its disposal and offers which it's currently entertaining.
Details of this forthcoming uplift and the use of ASCC proceeds from the sale, including financial details, will be released shortly via OTC Markets filing service, updated Adequate Disclosure and a separate news release."
Thank you in advance for VCTY's detailed Response.
Wed, Apr 6 2011 11:01am - Michael S
I will forward your questions.
Suggesting that an offer may not be accepted is crazy?
In that case - I offer to you that you should pay me a million dollars each time that I post... Based upon your stated logic - the offer MUST BE accepted.
Now that is crazy.
Folks can make up their own minds with the facts available about EVDR.
Proposed OFFER not a COMPLETED DEAL - sorry to see that rational discussion is not encouraged - TO THE moon!
The main questions about EVDR are:
1. What is the Float. http://www.otcmarkets.com/stock/EVDR/company-info says that the Float is N/A So we have no idea how many shares are tradeable. That makes things very uncertain regarding dilution potential etc... Not saying that for 100% certain that it will increase by millions but an unknown is still an unknown. We know that VCTY holds 800 million shares and has stated it's desire to make money via the sale of EVDR shares. When this would happen is unknown.
2. unknown details about ASCC - what are it's current profits after expenses. All that we know currently is this from EVDR's only PR on the subject:
http://www.marketwire.com/press-release/Evader-Inc-EVDR-Acquires-Avtar-Singh-Construction-Pink-Sheets-EVDR-1399695.htm
Evader, Inc. (EVDR) (PINK SHEETS:EVDR) management is pleased to announce that the company has acquired Avtar Singh Construction (ASCC).
The Avtar Singh Construction Co. (P) Ltd. is one of the major developers in the City of Chandigarh, India, with strong ties to the local community and municipal governments. The company has achieved solid growth since its incorporation in 1987, and shows annual turnover of about $3.5 million U.S. ASCC is professionally managed and involved in executing large civil engineering projects, with an emphasis on roads, bridges, earthwork and highways, and promoter-colonizer of housing complexes, all demanding a high degree of skill and expertise.
Following this announcement, Avtar Singh Valia has become the CEO of EVDR. Mr. Valia has extensive experience in the construction industry in India and his experience will greatly benefit Evader Inc.'s development in the Indian construction market.
EVDR looks forward to updating its followers as the company begins to shape its new future and will provide business updates on this new exciting venture."
3. This stock is being promoted heavily on an OFFER - this is only an OFFER folks - Not an accepted CONTRACT:
:Evader, Inc. (PINK SHEETS: EVDR) (www.evadercorp.com) subsidiary Avtar Singh Construction Company (ASCC), one of India's largest builders, has submitted a tender for an irrigation project in the state of Bihar estimated to be worth $30 million.:
I can offer my services to a company for X amount of money - it does not mean that they will accept it!
? Please detail what information was incorrect? If the facts about EVDR are negative in your eyes - so be it.
Attacking posters that dare to share DD about EVDR has nothing to do with EVDR or it's facts, potential etc...
A straight answer from VCTY - Comedic.
Wed, Apr 6 2011 10:50am
Good day,
As it is April 6th and no details concerning the sale of ASCC as promised in VCTY's 2.22.2011 PR have been shared with shareholders - can we please know what VCTY received for the sale of ASCC? 800 million shares of EVDR we know, but are those shares restricted? If so, for how long?
Please request that VCTY keep it's own promises or to not promise anything at all if they are not going to do what they say they are going to do:
"HENDERSON, NEVADA, Feb 22, 2011 (MARKETWIRE via COMTEX) -- Videolocity International, Inc. (PINK SHEETS: VCTY) (www.videointernationalcorp.com) has announced that the sale of its Avtar Singh Construction (ASCC) subsidiary to Evader Inc. has been finalized.
VCTY now continues with a single main subsidiary: Tactician University. This progressive management education, leadership training and think tank venture tackles prevalent issues in the Chinese economy and society. It continues to grow, offer insights and positively influences China's decision makers.
In other news, VCTY management has been made aware of certain rumours which are currently circulating about a possible reverse stock split of its common shares. VCTY management is using this opportunity to dismiss these rumours as completely untrue. No such split is being considered for the foreseeable future. Management is also aware that its shareholders are seeking an uplift on the share valuations. The company has made this its top priority. Management has several options at its disposal and offers which it's currently entertaining.
Details of this forthcoming uplift and the use of ASCC proceeds from the sale, including financial details, will be released shortly via OTC Markets filing service, updated Adequate Disclosure and a separate news release."
Thank you in advance for VCTY's detailed Response.
Sure have - here is VCTY's Response:
Fri, Feb 4 2011 12:07pm
Good Friday,
VCTY Needs to detail in a real PR with the title stating that they have sold ASCC for ____ (shares, dollars - what?) and detail how they intend on using those profits for VCTY's gain - as of now - we just sold off a stated profitable company for shares of a non-profitable stock - which the shareholders have no idea if they will be receiving some sort of dividend or what exactly is going on there. Which leaves us with our profitable company Tactician University (million+ each quarter so far). But with a 4 billion OS/AS the pps does not stand a chance of increasing to a penny etc...
A little while ago - we were only waiting on the ASCC sale to complete the AMETA merger (thus adding a new profitable company to VCTY) Now there is no mention of AMETA in over a month. What is going on with the AMETA merger? Focusing on Tactician (as stated in the latest PR's and friday tips) does not sound like the AMETA merger is still occuring as soon as the ASCC Sale is complete...?
The Hydro co. surfaced again - it has been nearly a year since we first were told of the hydro company and VCTY's desire to merge with it - so we have had 1.5 billion sitting there in escrow for a merger that has not happened and now it is an all cash offer that this hydro co. supposedly wants? Tell me exactly - how is having 1.5 billion shares in our AS/OS for a year for a merger that clearly is not happening imminently a positive for VCTY and it's shareholders? Why not retire those shares until they have need of them? We clearly have more than enough shares available to work with the AMETA company - that would leave 2.5 billion or so (1 billion of that is Tactician University's take for the merger last year) .... The float is still four months old on PinkSheets and IR will not provide me with the current float... VCTY's TA is gagged the last time I checked.
VCTY should be releasing Tactician University's Q4 profits soon - but in order for that to have a large impact on the share price, the OS/AS has to come down...
One minute ago - VCTY was saying in Friday tips and PR's how they intend to use the sale of ASCC to reduce the OS/AS and then next - they completely ignore that topic and provide zero guidance as to how they think that VCTY is going to progress in a positive manner in the future... All in all - this is what it always was - a gamble that the company will take action to properly market it's stock... so far - after holding for nearly a year - that is a low percentage gamble.
Hopefully VCTY decides to make this a year of OS/AS reduction and to actually PR the profits of Tactician University?
A very disappointed shareholder,
A. E.
Fri, Feb 4 2011 1:56pm - Michael S
The latest on VCTY from Friday Tips:
"Steady at the helm. The company keeps reporting business as usual, but we don't agree that its business is anywhere close to "usual." As a Chinese think tank, Tactician University continues to show immense ability to address and improve any form of issue, whether its organization, co-ordination, administration or politics. We think the sale of ASCC will profit the security and, if the company continues to keep its shareholder base well-informed, we may see more shareholder confidence.
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."
Any other details about mergers or share structure will be addressed at a later time.
EVDR is the topic of the board...
Nice work - timing is everything eh!
Sure would be nice to KNOW what we received for ASCC - the details of the sale perhaps... beyond the fact that VCTY was given 800 million shares of EVDR - were they restricted - if so, for how long? But seeing as how VCTY said this on 2.22.2011:
"Details of this forthcoming uplift and the use of ASCC proceeds from the sale, including financial details, will be released shortly via OTC Markets filing service, updated Adequate Disclosure and a separate news release. "
And it is now April without any such filing, PR or the like - looks like more vague ambiguity. Disappointing once again.
Nice volume - great increase in price.
"This offer has yet to be accepted.Therefore, yesterday's corporate update appears to be nothing short of wishful thinking."
Article on EVDR:
http://www.hotstocked.com/article/4420/evader-inc-pink-evdr-jumps-103-on-tender.html
The main questions about EVDR are:
1. What is the Float. http://www.otcmarkets.com/stock/EVDR/company-info says that the Float is N/A So we have no idea how many shares are tradeable. That makes things very uncertain regarding dilution potential etc... Not saying that for 100% certain that it will increase by millions but an unknown is still an unknown. We know that VCTY holds 800 million shares and has stated it's desire to make money via the sale of EVDR shares. When this would happen is unknown.
2. unknown details about ASCC - what are it's current profits after expenses. All that we know currently is this from EVDR's only PR on the subject:
http://www.marketwire.com/press-release/Evader-Inc-EVDR-Acquires-Avtar-Singh-Construction-Pink-Sheets-EVDR-1399695.htm
Evader, Inc. (EVDR) (PINK SHEETS:EVDR) management is pleased to announce that the company has acquired Avtar Singh Construction (ASCC).
The Avtar Singh Construction Co. (P) Ltd. is one of the major developers in the City of Chandigarh, India, with strong ties to the local community and municipal governments. The company has achieved solid growth since its incorporation in 1987, and shows annual turnover of about $3.5 million U.S. ASCC is professionally managed and involved in executing large civil engineering projects, with an emphasis on roads, bridges, earthwork and highways, and promoter-colonizer of housing complexes, all demanding a high degree of skill and expertise.
Following this announcement, Avtar Singh Valia has become the CEO of EVDR. Mr. Valia has extensive experience in the construction industry in India and his experience will greatly benefit Evader Inc.'s development in the Indian construction market.
EVDR looks forward to updating its followers as the company begins to shape its new future and will provide business updates on this new exciting venture."
3. This stock is being promoted heavily on an OFFER - this is only an OFFER folks - Not an accepted CONTRACT:
:Evader, Inc. (PINK SHEETS: EVDR) (www.evadercorp.com) subsidiary Avtar Singh Construction Company (ASCC), one of India's largest builders, has submitted a tender for an irrigation project in the state of Bihar estimated to be worth $30 million.:
I can offer my services to a company for X amount of money - it does not mean that they will accept it!
Unknown - no detail about the shares was provided to anyone via filings or PR's other than the fact that EVDR paid 800 million shares to VCTY for the portion of ASCC that EVDR now owns.
VCTY will sell those 800 million shares to make money for itself - see VCTY's own stated goals on the subject with their new shares of EVDR:
http://www.tradingmarkets.com/news/press-release/vcty_vctye_videolocity-international-inc-vcty-sale-of-india-subsidiary-1453573.html
Unknown Float, 1/3rd of a ASCC, zero dollars in financials and a stock that until today - has traded rarely in months - look at the chart and volume for the past year - don't take my word for anything - look at the filings on pinksheets - I took the time to detail the information that we know about the only company that EVDR has under it's name - ASCC.
All that we can do is review the facts and go from there. Calling people names has nothing to do with this stock's value/facts/and financials or lack thereof.
Please provide facts about EVDR that show a potential for the future - do we have any idea what the Float is being that the OS is 880 million shares? Need to know details before the value of this stock can be determined. As of the financials filed on the 31st of March 2011 - this company makes exactly zero dollars.
Pray tell what broken analysis is being used? I did not use any analysis - I posted the known facts about ASCC (the only company that EVDR says that it owns). No analysis was provided. The facts should be evaluated by everyone according to their own investment requirements.
READ and understand folks - 1/3rd of ASCC belongs to EVDR
10.22.2010 - Avtar Singh Construction, the largest segment of three sister companies (involved in Road & Highway, Real Estate, Leasing/Financing) reached annual turnover of $3.49 Million USD (The annual turnovers of the 2 sister companies not merged into VCTY reached 2.61 Million and 0.87 Million respectively)
Full official pinksheets link below :
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37529
EVDR does not currently own all of ASCC - only 1/3rd of it via the purchase from VCTY. So now begins the guessing game - is this new contract with the ONE of the THREE companies within ASCC that EVDR has? 33.33% chance that this new contract might be with the one part of ASCC that EVDR holds...
They intend to make money with those shares - VCTY first stated that they would be making a few million with this sale and would be sharing the proceeds with shareholders via a share buyback program (since canceled) then stated that they would be issuing dividends (cannot - VCTY is not a reporting entity). Now see VCTY's official comments on the subject:
http://www.tradingmarkets.com/news/press-release/vcty_vctye_videolocity-international-inc-vcty-sale-of-india-subsidiary-1453573.html
The sale will complete on all stock basis and could yield VCTY several million dollars in profits.
And you probably never will know the nature of those shares - they like to keep things vague and uncertain. What exactly is the float here? No one knows.
Need to look into ASCC very closely EVDR does not own all of ASCC - only 1/3rd of the total ASCC company.
3.31.2011 Pink Sheets Filing - Financials for EVDR:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47114
Seems like the financial filing from a few days ago would be an important item to sticky for folks to review? Always good to share full information so that folks can make an informed decision.
Official Links - INFO about ASCC - what EVDR Bought:
EVDR bought 1/3rd of the ASCC company from VCTY - which VCTY bought originally with 8 million shares... Read up on ASCC folks:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37529
60 page filing on ASCC:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37262
EVDR PAID 800 million shares for ASCC...
Confirmed by VCTY here in MMMG friday tips 2.25.2011:
Investors have been inquiring about the details of the ASCC sale. Did it sell for 800 million shares?
Yes. This will be addressed shortly.
Official PR LINK: 800 million shares were allocated to VCTY for the acquisition of ASCC and those shares are now part of the OS/AS:
http://www.marketwire.com/press-release/Videolocity-VCTY-Identifies-Buyer-of-Its-ASCC-Subsidiary-Valued-at-48-Million-USD-PINK-SHEETS-VCTY-1374951.htm
More detail here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58368002
Pray tell what story is it that VCTY has to tell?
The ASCC sale already occurred back in February - please make certain to post accurate, current information:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60195127
Provide positives - all this criticism of VCTY's own news releases and actions - provide factual, detailed completed positive actions that VCTY PR'd or filed on pinksheets by VCTY for all to see and correspond about.
What positives? What negatives? All that shareholders have are facts and PR's from VCTY/otcmarkets. Read them for oneself and come to one's own conclusions by comparing last quarter to this quarter. If what VCTY is filing/PRing etc... is negative in one's eyes then so be it.
I, for one, will stick with facts and compare past promises with actual completed action. That is the only way to evaluate the validity of a stock that trades on this kind of stock exchange.
I agree with your statements BubbleGun:
? Valuation includes the number of shares in the OS/AS... Investors look at that when determining what a stock is worth.
http://www.otcmarkets.com/stock/VCTY/company-info
Here are the numbers for VCTY on pinksheets... take it for what one will... there are 4.795 BILLION shares in the OS. That is how much the stock can be diluted up to.. that factors into the equation...
Share Structure
Market Value1 $2,877,479 a/o Mar 31, 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
Prove how many shares are free trading or are not... While we are at it - what exactly is the current Float and amount of free trading shares... how does one price/valuate a stock without knowing what the Float/free trading shares are?
Here is what VCTY's own IR company said to me:
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,
A
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.
Was a general comment - not specifically referencing the lawsuit total amount - but given the past lack of any dollar detail - you expect VCTY to formally file on pinksheets or detail in an official PR the total amount expense allocated to this lawsuit? On the Q1 financials as an expense maybe? That would be appropriate.
The point was... if $155,000 is not the final lawsuit expense to VCTY - why would they not detail that to shareholders.
Point taken - the facts are the facts - if the facts about VCTY are negative - so be it. You know just as well as I do that until the false reduction of the OS that I defended this stock every single day. Then they never addressed it beyond - oops we made a mistake without any explanation and maxed out the OS/AS... then they failed to detail any dollar information about the sale of ASCC shortly as promised... and on and on...
Just because one wants the stock to do well does not mean that the facts need to be ignored. Let's see VCTY keep it's promise of increasing the share price -they promised this same thing last year and earlier this year with their reverse boost and it has done nothing but go down. Just saying - a fool is one who believes a company that has failed to keep it's promises/grand merger completion etc.. over and over again.
But what were the press releases/promotion consisting of? Did we see and new merger/financials great news about VCTY? We spent a couple hundred thousand for PRs blogs, promoters to promote nothing with any detail... why didn't VCTY promote ASCC when it had it? Or the great profits from TCU?
Seems like a waste of money IMHO - could have used that to reduce the share structure instead of kicking it up to the max another 600 million shares...
A good profit divided into 4 billion = ? Our current share price here at VCTY... Understand how stocks work...
Severely limited in the options detailed... discussing VCTY is surely a sin... heaven forbid that shareholders have any discussion or dare to post what VCTY has written in it's own PR's / filings beyond "TO THE MOON"
Read - the facts are that quarter over quarter VCTY posted a 600 thousand less of a profit this past quarter than the previous quarter...
VCTY sold off 1.3 million in paper profit with the Sale of ASCC - so therefore - that profit will not exist next quarter... stunningly honest and factual... hard to digest I know...
if someone does not like that - take it up with VCTY... shoot the messenger if one must.
Same stuff? The Financials were released yesterday... feel free to contribute to the board all of the factual items from VCTY for discussion... lots of criticism but since all of the facts/actions from VCTY are deemed to be negative... only VCTY can fix that...
It appears to be the third post on this board - Welcome again and we will all look forward to your deep, in-depth discussions with detail about VCTY's past and future potential actions/filings etc...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59645741
- Until VCTY increased the OS/AS by 680 million and pulled a fast one with the reduction of the OS/AS for one day down to below a billion shares - this was doing okay at least... need to take a careful look back through VCTY's actions to understand what is going on now.
Good point and since they refuse to provide any details... more vague half/quarter answers.... that ought to increase the stock's validity...
So that is $155,000 in expenses for Q1 already?
4.1.2011 Friday Tips Lawsuit SETTLED $155,000
VCTY
VCTY settled a $155,000 lawsuit and believes that there's been an over-reaction in its sell-off. The company intends to release a series of press releases on contracts and accomplishments shortly, as it's the company's sincere desire to see its share price retrace. mmm Group will do everything in its power to assist as VCTY is truly a good company and its share values don't accurately reflect its true value.
We call it Friday's Tips for a reason. Our tips are designed to give Mmmgfollowers a leg up on the other guys or the other traders. For example, we've deliberately explained how all (not just Mmmg client companies) OTC and Pink Sheet companies dilute. They dilute because they have no other avenues for raising money. The private placement method has been virtually closed down. Most of the other avenues are prohibitive in the small cap market, and the company is left with little or no choice but to raise money via dilution.
Friday's Tips has drawn much criticism from market makers, broker-dealers, accredited investors, day traders and almost everybody else in the industry who profits on novice shareholders. The basic unspoken agreement is to blame short sellers and everything else. They organize groups to blame lawyers, accountants, investor relations companies and everybody under the sun except the real culprit: the system which forces these companies to dilute as they have no other mechanism to raise capital. After all, if they didn't want to raise capital, they'd stay private and not enter the public market in the first place. Let's make that perfectly clear.
So what can you as a shareholder and trader do to profit from this? It's very simple. We've already explained that all small cap companies dilute. Accept that fact. Now, as you play these stocks, watch for a downward trend. Once a downward trend happens, you can make your own decision whether to sell and get a new entry point or to average down.
The company usually dilutes about 1% of its outstanding shares, and it receives its cash in tranches of $50,000 to $100,000. So when you see a two- or three-day downward cycle, or even one day or half a day (whatever your tolerance level is), you as a trader and shareholder have options. Watch for the fall in price and, now that you know that it's 1%, you can sort of guesstimate as to when this will start to retrace. We're providing you with all kinds of tools and tips (such as the scrolling task bar on www.mmmgcom that tells you the symbols of which companies are stated for a marketing campaign, Friday's Tips, Early Alerts and other tools). With all of these tools, it's very simple to figure out when your entry and exit points should be.
And as always, we tell you to play with your head, and not over it, when playing penny stocks. In other words, don't invest money that you can't afford to lose. These are companies with very unstable share prices, but they have humongous potential for several hundred per cent gains. We're doing our part to provide you with all of the tools and tips that we can for you to make the most educated decision in your investing
Dilution, OS/AS increases, no share buyback, sale of ASCC without any financial detail, hydro merger completely canceled, AMETA merger canceled, Closed Caption Company merger canceled, no update on the china representative... that all had nothing to do with why investors are not interested in placing their money in VCTY and fled?
All of the above serious negative factual events take a back seat to correspondence between shareholders? That does not make a lot of sense.
Q3 2010 profit was $1,614,193 Link below:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=38596
Q4 2010 net profit was $989,222 link below:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47118
That is a decline in profit in one quarter of ($624,971)
ASCC was a large expense - perhaps now that we have sold ASCC - the profits will go back up to over a million for Q1.
Now if they would reduce the OS/AS by a few billion as they promised back in July of 2010... we might have a fighting chance (and detail what the current float is).
It is positive to the extent that VCTY turned a decent profit in Q4 of 2010. It is not positive to shareholders now.
VCTY SOLD ASCC and ASCC was worth 1.3 million in profit to VCTY annually (per VCTY) so VCTY for Q1 of 2011 and beyond will now have a lower revenue stream/profit. Yet the OS/AS is as high as it has ever been.
If VCTY were to merge with another new company - and it turned over a 1.3 million annual profit... that would be just like going back to having ASCC right? And ASCC did nothing for VCTY pps-wise.
Just not sure how anything other than reducing the OS/AS by a few Billion shares is going to seriously positively impact the stock - the float is still unknown - 5 months plus...
VCTY Lost 3 million in revenue with the sale of ASCC (as per VCTY's statements of revenue on the topic - so the Q4 financials are different compared to what their current revenue stream is.
Now they also lost the debt/expense that ASCC accumulated - will be interested to see the Q1 financials for a true idea of how much the single company - Tactician University) is making for VCTY.
Not to throw water on the flame - glad that VCTY managed to file financials at the last possible minute - just noting that what is seen here in the Q4 financials is in the past - we still have a 4.7 BILLION OS/AS with LESS revenue and profit - less money coming in and a higher OS/AS = a low pps right?
Thoughts?
So if VCTY adds a new company... say for some number of Billions shares already in the OS/AS - and it turns 1.3 million annually in profit... we would be in the exact same position as we were in Q4 (except that the OS is now 600 million shares larger).
My point is... we have already had two companies pulling in decent profits quarterly and annually and the share price is what it is now.. so why would we think that it would positively impact VCTY to add another such company when we already had that exact same scenario and we saw the result?
VCTY 'Destroyed' itself with it's lies, multiple failed merger attempts and dilution. Not because shareholders dared to mention and correspond about the company's constant negative actions and lack of transparency - that has taken the stock from .01+ to it's horrid pps of .0005/.0006 today.
Honest discussion is necessary about any stock and attempts to whitewash for personal gain are unethical.
It's a dried up well.. flipped & diluted into oblivion on the backs of long holding shareholders.
The previous post was then a falsehood - VCTY did not PR any such detailed information - disappointed that something false would be stated.
All day - trading at the bid... tiny little buy at the ask to close green for the day... what does it tell you when one trade at the ask occurs ALL DAY.