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Short sighted - would be better to have news out on a decent market day - but hey - if it happens it happens - would not complain. It is a long day & there is always tomorrow...
Easy all - look at the overall market - we do not have news yet - could happen any day, any time - relax and see what happens - this is not a good stock market day so if no news comes out today - I will not be surprised - need a nice even day if at all possible.
Look at the overall market... down 200+ Not that necessarily we go as the market goes but it makes life a little tougher - would be nice to get the news on an up market day...
Thinking ahead - if no news today/tomorrow - Friday would not be my choice - would sure like to see us take off on a M-Th date...
FLOAT is 105 million verified - OTC markets go there - look up VCTY - look at the finance tab - look at the PR directly from VCTY dated July 19th 2010 - directly addresses why there are so many shares and that they are for the mergers & are not active in the market - nor will they be for quite some time:
Quoting from that PR - scroll down to see all of it - ESPECIALLY the ending:
Videolocity International, Inc. (VCTY) Addresses Investor Inquiry Regarding Company Share Structure —Filing—
Henderson, NV, July 19, 2010—Videolocity International, Inc.
(VCTY 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.
The following is a brief explanation of the Rule 144, and not investment or solicitation to the reader (Explanation to the VCTY share allocation continues following this explanation).
The Federal Securities Act of 1933 generally requires that stock and other securities must be registered with the Securities and Exchange Commission (the "S.E.C.") prior to their offer or sale. Registering securities with the S.E.C. can be expensive and time-consuming. This article offers a brief introduction to SEC Rule 144, which is a safe harbor allowing for the sale of restricted and affiliate securities in limited quantities without requiring the securities to be registered.
First it's probably appropriate to explain the basics of restricted securities. Restricted securities are generally those which are first issued in a private placement exempt from registration and which bear a restrictive legend. The legend commonly states that the securities are not registered and cannot be offered or sold unless they are registered with the S.E.C. or exempt from registration. The restrictive legend serves to ensure that the initial, unregistered sale is not part of a scheme to avoid registration while achieving some broader distribution than the initial sale. Normally, if securities are registered when they are first issued, then they do not bear any restrictive legend and are not deemed restricted securities.
Rule 144 generally applies to corporate insiders and buyers of private placement securities that were not sold under SEC registration statement requirements.
Corporate insiders, also known as affiliates, are officers, directors, or anyone else owning more than 10% of the outstanding company securities.
Under Rule 144, non-affiliates of SEC reporting companies may sell restricted securities to the public without registration (the restriction lapses upon transfer of ownership) so long as they have held the securities for six months. To qualify as a reporting company, the issuer must be, and must have been for at least 90 days prior to the sale, subject to the reporting requirements of section 13 or 15(d) of the
Securities Act of 1934. To be considered a non-affiliate, one must not be an affiliate at the time of sale and must not have been an affiliate during the preceding three months. For non-affiliates of non-reporting companies, there is a one year holding period requirement. Affiliates of reporting companies have a six month holding period requirement for restricted stock as well, and under the Rule the sale must also comply with volume limitations and manner-of-sale requirements, generally. For non-reporting companies, the holding period for affiliates, if the stock is restricted, is one year. Unrestricted stock held by affiliates does not have a holding period requirement but is still subject to the volume limitations and manner-of-sale
requirements.
The most recent rule change of February 2008 reduced most holding periods under Rule 144 to six months. For all the details, visit the SEC's page on the revisions to
the Rule:
*** VCTY Share Allocation Continuation ***
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 themerger 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.
Right with you dragon base of .03 would be excellent - I do not know if we will have time to establish that or not before news comes out. I agree that the pps is skewed low based on the thought that there are more shares being traded than there really are - will be interesting here soon enough - hopefully this week for starters - will be interesting to see if they release audited financials and the merger completion at the same time or if they stagger things etc...
FLOAT is 105 million verified - OTC markets go there - look up VCTY - look at the finance tab - look at the PR directly from VCTY dated July 19th 2010 - directly addresses why there are so many shares and that they are for the mergers & are not active in the market - nor will they be for quite some time:
Quoting from that PR - scroll down to see all of it - ESPECIALLY the ending:
Videolocity International, Inc. (VCTY) Addresses Investor Inquiry Regarding Company Share Structure —Filing—
Henderson, NV, July 19, 2010—Videolocity International, Inc.
(VCTY 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.
The following is a brief explanation of the Rule 144, and not investment or solicitation to the reader (Explanation to the VCTY share allocation continues following this explanation).
The Federal Securities Act of 1933 generally requires that stock and other securities must be registered with the Securities and Exchange Commission (the "S.E.C.") prior to their offer or sale. Registering securities with the S.E.C. can be expensive and time-consuming. This article offers a brief introduction to SEC Rule 144, which is a safe harbor allowing for the sale of restricted and affiliate securities in limited quantities without requiring the securities to be registered.
First it's probably appropriate to explain the basics of restricted securities. Restricted securities are generally those which are first issued in a private placement exempt from registration and which bear a restrictive legend. The legend commonly states that the securities are not registered and cannot be offered or sold unless they are registered with the S.E.C. or exempt from registration. The restrictive legend serves to ensure that the initial, unregistered sale is not part of a scheme to avoid registration while achieving some broader distribution than the initial sale. Normally, if securities are registered when they are first issued, then they do not bear any restrictive legend and are not deemed restricted securities.
Rule 144 generally applies to corporate insiders and buyers of private placement securities that were not sold under SEC registration statement requirements.
Corporate insiders, also known as affiliates, are officers, directors, or anyone else owning more than 10% of the outstanding company securities.
Under Rule 144, non-affiliates of SEC reporting companies may sell restricted securities to the public without registration (the restriction lapses upon transfer of ownership) so long as they have held the securities for six months. To qualify as a reporting company, the issuer must be, and must have been for at least 90 days prior to the sale, subject to the reporting requirements of section 13 or 15(d) of the
Securities Act of 1934. To be considered a non-affiliate, one must not be an affiliate at the time of sale and must not have been an affiliate during the preceding three months. For non-affiliates of non-reporting companies, there is a one year holding period requirement. Affiliates of reporting companies have a six month holding period requirement for restricted stock as well, and under the Rule the sale must also comply with volume limitations and manner-of-sale requirements, generally. For non-reporting companies, the holding period for affiliates, if the stock is restricted, is one year. Unrestricted stock held by affiliates does not have a holding period requirement but is still subject to the volume limitations and manner-of-sale
requirements.
The most recent rule change of February 2008 reduced most holding periods under Rule 144 to six months. For all the details, visit the SEC's page on the revisions to
the Rule:
*** VCTY Share Allocation Continuation ***
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 themerger 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.
Soon is not necessarily today - patience.
Read the stickies new folks then ask questions
We don't know - we know news about the merger is forthcoming soon - ideally this week... so either join the group here and slap a thousand bucks down on it or don't.... there is no straight answer - what company do you know of on pink sheets that says... on this date and this time - we will announce our huge 200 million merger to you...? Read the stickies...
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Repost that message with your first couple of words being bolded and change those words to read something re: advice etc... so that folks read it for that...
Financial information on OTC market prior to merger per the previous PR release - so if they keep their word - then otc markets would be the place to review to see when/if they file that information.
Yes? Per the last PR regarding the hydo merger...
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REMEMBER - this week NEWS not necessarily today... and this is already a .03+ PPS stock - look at otc markets under vcty - they have current profits with their university and another merger with a video company in the works...
Hold on and see where it goes - if we work together - this can really take off - selling off little portions is killing the momentum.
FLD anyone? no problem - see otcmarkets VCTY for more detail of course & see the stickies - basically all we are waiting for is the official PR of the merger completion with the hydro company - last time news about the hydro was mentioned in PR pps went to .037 - jumpm on in and bring your friends - we have a good portion of the float locked - could really FLD this thing.
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Yes - so HOLD folks work together
No selling - we own a lot of the float - hold and watch this rise... Work together.
.0135 and rising.... and this is without any news about the news...
encouraging...
Now can we stay above .012 / smash it entirely and leave it in the dust....
Like kids on Christmas morning eh? We'll see - I have no idea how they will PR this - here is to unwrapping one really, nice present this week at least - if not tomorrow.
I agree and the stupid media found fault with Favre in the championship game but somehow managed to forget the teams' multiple fumbles and 'ol butterfingers Adrian over there. What an awful give away of a sure shot at the Super Bowl that was.
By the way - big Favre fan here - think he will play?
Well onto the 10th we go...
Thank you viking for dealing with the ill-informed child there.
Agreed - remember most folks do not know - there has not been a newswire PR release directly relating to the hydro merger for what over a month now? We just await news on that front to make it out - these Friday Tips are quite frustrating because we know but not enough others do...
We are not locked - look at the ticker.
Idiots are selling off into a nice rise - if we were locked then we would all be holding and it would take off - instead a lot of folks just sold off and killed the momentum.
Thank you Catbull - .012 pushed out of the way would be nice.
Thanks - with a little buying pressure... .03 would happen. Looking forward to positive news in the near future.
L2 anyone?
Nice to see it move upwards however....
At the ask folks - sure would be nice to break through and hold about that .012 ppps
Agreed - that is what I have done with mine.
I like the sound of that! Now we await PR folks - do not forget to set the sell orders high - you can always drop them down later - just lock up the float so that when the news does come - we can take off.
Right you are - lock up the float - set the sell at .45 + and watch it rise... need to work together to make this work - mine is locked in and my sell is set & I have quite a few shares.
Agreed - the pre-season of football is boring.... the great news... September brings the real deal...
Not so sure - at the moment, we cannot even hold .01 for a few days with anticipated news coming in the near future. I agree that saying August 10th like madmen/women is not helpful - especially given the last two Friday Tips wording about Merger talks Continuing - not finalizing/completing as they were stating earlier.
On the good side - the PR stating earnings from the conference there was unexpected and welcome. Even more so because it actually made it out to the major PR newswires... hopefully we no longer have any of these half PR's going out.
I suppose audited financials, merger completion, an update on moving the stock to AMEX & news regarding the pending video merger would be too much to ask for next week as official, real, across the wires PR.
Watching a few of these other stocks take off with roughly the same float as we do is interesting - we should really work together and hold this up - many sellers right now who are for whatever reason selling at the bid etc... and it is really harmful to the pps - especially at lower volumes.
Should be an interesting week ahead... picked up more .009's at the close... here is to hoping that we do not see anything below .01 in the foreseeable future.
All of my shares have sell orders for .50
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Go look at the L2 - Someone post the L2 on the board in BOLD so that folks can see it.... helps to visualize the goal...
You all do know that you can see L2 right there on the otc markets website right? Use it and you can see that .02 is right within reach. keep on the ASK
Ah - there comes PERT to lower the ask to .014 - hit it and get back through the .0145's
Ya'll are welcome for that one.
What things are in the stock's favor next week?
The company released a broad statement about potential future projects - did I miss the time-frame on those?
Only have two main bidders though - you all should poll and see how many shares the board owns to figure out the % owned here and lock it down - that is what folks did with the Q that went from sub penny to .19 over the past week. Does not look like there is much demand here at the moment. Wish you all well - the news was out on the 2nd and 4th and .012 was the ceiling there. Will be interesting to see if actual contract details come out with numbers.
Real-Time Level 2 Montage
MMID Bid Price Shares Date/Time
NITE 0.01 5,000 2:20:30 PM
ETMM 0.01 5,000 2:23:07 PM
MMID Ask Price Shares Date/Time
ETMM 0.011 5,000 1:26:21 PM
UBSS 0.011 5,000 2:00:55 PM
AUTO 0.011 5,000 2:02:20 PM
HDSN 0.0119 5,000 2:06:55 PM
NITE 0.012 5,000 12:45:13 PM
VNDM 0.055 5,000 May 10, 2010