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Not sure what you mean. Top 10 losers? e/m
pasha, Re: L2
You had us spoiled. Since EIGH has been suspended, how 'bout replacing it with VCTY? Thanksss.
http://ihubl2.webfreehosting.net/
It's tempting to build a website for them - occasionally thought about it - rewriting, redesigning their content, plus an overview of the industry, but it's not our job. They seem to like templates because they're quick, easy and probably free. Ouch. At least they're so bad that hopefully they force investors to do more research.
IMO
From
Just to give you a quick answer there are dozens of companies that wiork as sub and sub sub contractors on a huge project like this
Email from IR:
Just to give you a quick answer there are dozens of companies that wiork as sub and sub sub contractors on a huge project like this
Re: ASCC is building a four-lane 64.5 km section of National Highway No. 4 between Haveri and Hubli, in Karnataka. National Highway No. 4 connects Mumbai and Chennai. The project is 80% complete,
> AFCONS/Shapoorji Pallonji Group says that it built and completed that section: "Four laning of Haveri to Hubli ... 64 Km." Pls comment.
http://www.afcons.com/Roads/3-hubli.html
More confirmation of AFCONS:
National Highways Authority of India
http://www.nhai.org/nh4.asp
http://www.nhai.org/completednh4.asp
Thank you.
Golden Quadrilateral map
Here's the best part, IMO. The Golden Quadrilateral is only the first phase of the National Highways Development Project (NHDP). Looks like many more miles to come.
See Hubli-Haveri circled below. BTW, Hubli is also called Hubballi.
http://en.wikipedia.org/wiki/Golden_Quadrilateral
Ok, I'll fill in the blank.
Mon 20101101|VCTY|2930681|4602016|O 63.7%
Tues 20101102|VCTY|1942692|2732212|O 71.1%
FINRA's official definition of Daily Short Volume: Aggregate reported share volume of executed short sale trades during regular trading hours.
FINRA rep: The amount of shares at the end of the day's tape are the result of shares shorted after any kind of covering that could have transpired for that day. Those are bottom line numbers for the day.
Wishing, huh.
.001's coming?
What's your version ... the trading reasons for a company with $9M+ rev's that's down -25.93% on ridiculously low volume of 1,213,020?
Longs bailing? I think not.
Bid whackers? Ha.
Dilution? Nope.
Fill in the blank? _______
Friday Tips were more interesting (understatement).
The company wants to use this cash (from the sale of Tactician) to acquire an American company, which fits its portfolio better, and seize the American company as a potential elevator up for its values. VCTY is one of the more aggressive merger candidates as it looks for hyper growth in the short stage.
Friday Tips_October 29, 2010
October 26: Videolocity International, Inc. subsidiary Tactician University conducted a seminar in Beijing that featured workshops on various aspects of business operations in state-owned enterprises. The motivation behind the seminar was to help Chinese enterprises deepen the reform of state-owned enterprises (SOEs), establish a modern enterprise system, and create a standard corporate governance structure that can be transferred across industries and market tiers. The 7-day seminar hosted approximately 150 leaders and experts from ministries and commissions in Beijing, at a low cost of RMB 5,000 ($750 USD) per attendee.
The company is currently preparing its 3rd quarter financials. These numbers will not include the revenues of the India construction company as the India merger took place after the 3rd quarter cut off. The true picture of the VCTY potential will be seen in the 4th quarter and year-end financials. A legal opinion and an updated adequate disclosure is also being finalized. The company expects to release both documents simultaneously.
MMG Commentary:
This is a strong company with two operating subsidiaries with revenues in the millions of dollars. This company is in negotiations to sell Tactician University, its China subsidiary. The company wants to use this cash (from the sale of Tactician) to acquire an American company, which fits its portfolio better, and seize the American company as a potential elevator up for its values. VCTY is one of the more aggressive merger candidates as it looks for hyper growth in the short stage.
Surprise, surprise.
Any guesses why the short vol is ticking up dramatically?
20101101|VCTY|2930681|4602016|O 63.7%
Why didn't you mention that AlphaTrade announced a deal (LOI) last week to sell debt, shares (and probably control) to a U.S. co., bNET Communications? That would get Muir out of the picture and let him deal with any probs in Canada.
http://www.bnettv.com/
Post Unavailable
Additional Information
Dunno. I saw the 4K disclaimers for other stocks and MMG, but VCTY hasn't made the Actives list yet on Alpha Trade unless I missed it. Are you sure that Disclaimer applies to VCTY?
Yes. No. Maybe.
I'm not putting on a sheep costume yet, but I feel kinda like those Dogs Looking Depressed in Their Halloween Costumes.
http://nymag.com/daily/intel/2010/10/dog_halloween_parade.html
Friday Tips_October 29, 2010
October 22: LandStar Inc. management has ceased merger proceedings with US-based oil and gas company Cressent Energy Inc.
After completing due diligence on the Texas-based merger candidate, LDSR management determined that the followers of LDSR do not want Cressent Energy as the second operating subsidiary. This was evidenced by the strong opposition received by the company and the market reaction that this is not the best fit for the company at this time. The company will not proceed with the merger. LDSR continues the search for a merger candidate to complement current subsidiary Hubei Chuguan Technology Co. Ltd.
MMG Commentary:
Don't count LDSR out just yet. They march to the beat of their own drum. They are aware that they are in arrears with State filings and say or seem to have a game plan in mind. We are in a holding pattern on this one and remain in the dark as to the company game plan.
What exactly did he say? C&P? e/m
More from Friday Tips_October 29, 2010
COUV: COUV management likes to play their hand close to their chest. This is to throw the other side off balance in merger negotiations. "The other side" is targeted merger candidates. Sometimes the off balance may also be their own shareholders who foolheartedly believe that COUV is not involved in merger negotiations, and is not looking to acquire Tactician from VCTY. We are of the opinion that COUV is attempting to get the current status on their ranking on Pink Sheet before they pull the trigger on Tactician, and possibly other deals and mergers that are in the works. COUV runs its operation like a corporate blue chip machine, and this is a serious company for the serious Pink Sheet investor in a speculative play.
Agree. MMMG obviously has an American company in mind - construction or related? - which might just have the right synergy with ASCC to help rebuild failing America and Indian infrastructures.
Tact U.: I see a profitable company that we had better be nicely paid for
Yep, I just don't see how COUV can pay for it, unless MM is bringing another company into the shell along with Tact U. Stranger things have happened.
IMO
Friday Tips_October 29, 2010
October 26: Videolocity International, Inc. subsidiary Tactician University conducted a seminar in Beijing that featured workshops on various aspects of business operations in state-owned enterprises. The motivation behind the seminar was to help Chinese enterprises deepen the reform of state-owned enterprises (SOEs), establish a modern enterprise system, and create a standard corporate governance structure that can be transferred across industries and market tiers. The 7-day seminar hosted approximately 150 leaders and experts from ministries and commissions in Beijing, at a low cost of RMB 5,000 ($750 USD) per attendee.
The company is currently preparing its 3rd quarter financials. These numbers will not include the revenues of the India construction company as the India merger took place after the 3rd quarter cut off. The true picture of the VCTY potential will be seen in the 4th quarter and year-end financials. A legal opinion and an updated adequate disclosure is also being finalized. The company expects to release both documents simultaneously.
MMG Commentary:
This is a strong company with two operating subsidiaries with revenues in the millions of dollars. This company is in negotiations to sell Tactician University, its China subsidiary. The company wants to use this cash (from the sale of Tactician) to acquire an American company, which fits its portfolio better, and seize the American company as a potential elevator up for its values. VCTY is one of the more aggressive merger candidates as it looks for hyper growth in the short stage.
If you call India, ask them why their accountant's site is down, why they can't pay their bill (?) This is actually an accounting firm that's been around for a long time and has visibility.
India ASCC: Accountant's site remains suspended.
http://www.cakohlim.com
M.Kohli & Associates Chartered Accountants
That doesn't mean you'll get any info. I've tried in the past with other MM clients and was referred to MMMG. However, the issue(s) will probably be noted with interest. Whether they're acted upon is anybody's guess.
temeku, they will speak excellent English, which is the business language ("subsidiary official language") of India, at least for the educated classes. BTW, Hindi is the official language. Hindu refers to a religion and cultural identity.
Note to rjviking: Dunno. Email wasn't signed, which isn't unusual. Glad you're not questioning the authenticity. Don't want to go through that again, but anyone is welcome to validate it if it's really an issue.
Post Unavailable
Additional Information
Post Unavailable
Additional Information
Re: updated adequate disclosure
You might want to check out the Updated Company Disclosure Information released today for COUV (yes, this is On-T).
http://www.otcmarkets.com/stock/COUV/financials
Good to hang on to docs like this, IMO, since they must be bottom-line factual.
Boring form designation but worth researching the significance: 15c2-11.
Issuer’s Information & Disclosure Statement
Pursuant to Rules 10b-5 and 15c2-11 of the Securities Exchange Act of 1934, and Rule 144 of the Securities Act of 1933, and State Blue Sky Laws.
more info on them than the March 2009 stuff
We're not completely in the dark.
FY is Mar 31st and we have a fairly good idea of the progress/objectives - airport, etc. - of Avtar Singh Construction in 2010. See below. Gov plans to bring India's infrastructure into the 21st Century are impressive; worth factoring into ASCC's potential.
2007-2008 40,500,000.00 INR = 917,326.93 USD
2008-2009 161,700,000.00 INR = 3,662,512.70 USD
2009-2010 128,500,000.00 INR = 2,910,531.96 USD
Tactician University and ASCC represent total joint revenues of $9.69 million USD for 2009.
Re: ASCC financials
You're probably aware of this 63-pg pdf (?) Good place to start for anyone new to Avtar Singh Construction Co. (P) Ltd. (ASCC). Financials start on pg 49.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=37262
Links to docs on Scribd.com and Google are also floating around. Anybody have them? TY
A legal opinion and an updated adequate disclosure is also being finalized. The company expects to release both documents simultaneously.
That should go a long way in giving us Current Information status on PS. Prelim to uplisting?
http://www.otcmarkets.com/content/doc/ps/Disclosure/Guidelines/2.pdf
Pink OTC Markets Guidelines for Providing Adequate Current Information (pdf)
News: Videolocity International Inc. (VCTY)'s Tactician University Conducts Business Operations Seminar
HENDERSON, NEVADA, Oct 26, 2010 (Marketwire via COMTEX) -- Videolocity International, Inc. (http://www.videointernationalcorp.com) subsidiary Tactician University conducted a seminar in Beijing that featured workshops on various aspects of business operations in state-owned enterprises.
The motivation behind the seminar was to help Chinese enterprises deepen the reform of state-owned enterprises (SOEs), establish a modern enterprise system, and create a standard corporate governance structure that can be transferred across industries and market tiers. Seminar topics included instituting a stock-holding system in SOEs, the establishment of the modem enterprise system, corporate governance, corporate reshuffling, and initial public offerings (IPOs). Lectures and workshops established a theoretical framework for the examined issues, and explored practical solutions to scenarios that illustrated how each issue plays out in business.
The 7-day seminar hosted approximately 150 leaders and experts from ministries and commissions in Beijing, at a low cost of RMB 5,000 ($750 USD) per attendee.
In other company news the company is preparing its 3rd quarter financials. These numbers will not include the revenues of the India construction company as the India merger took place after the 3rd quarter cut off. The true picture of the VCTY potential will be seen in our 4th quarter and year-end financials. A legal opinion and an updated adequate disclosure is also being finalized. The company expects to release both documents simultaneously.
Nope, an additional 1.8B are locked up, restricted. e/m
Welcome to the present.
3.5 billion authorized shares
No, check PS:
http://www.otcmarkets.com/stock/VCTY/company-info
Shares Outstanding 3,956,550,801 a/o Jun 30, 2010
Float 375,000,000 a/o Aug 27, 2010
Authorized Shares 4,888,000,000 a/o Mar 01, 2010
glidingone, easy big fella. Don't confuse the issue with the current share structure. He's making a serious and wholly untrue statement that shares were exchanged to the tune of billions for private equity.
Find FORM SB-2, Jul 9, 2004. e/m
Who has the rights to those 4.8 billion shares
WHAT 4.8B shares?
Equity line of credit agreement was TERMINATED in 2004.
As of January 31, 2006, we had 23,456,699 shares of common stock issued and outstanding. Of the total outstanding shares, 11,971,576 may be sold, transferred or otherwise traded in the public market without restriction, unless held by an affiliate or controlling shareholder. A total of 11,485,123 shares are considered restricted securities.
As of Apr 30, 2007:
31,815,353 issued and outstanding
Preferred: None
Good point. Don't see 'em.
Long-Term Liabilities are $245K. It's possible that any remaining payments are under Accrued Liabilities $67,673, which fall under the no-sweat category with cash of $673,258 and retained earnings of $3,383,096.
Whoops, a good mistake.
My previous post was accurate except that I should have said there MAY be a bal of $365K instead of $700K.
Again, this liability may have been paid with the emergence of the new VCTY.
Previous/Corrected above:
As of April 2007, of the two notes payable originally totaling $650,000 there was a remaining balance of $320,000. As of Feb 2007, there was a remaining bal of $45,000 to ISOZ, LC. So here we are 3 1/2 years later and you're throwing $20M figures around, trying to scare people. For all we know, these liabilities were taken care of with the reemergence of the shell. At any rate, approx $700K isn't wonderful but it's nothing to panic about.
Sheesh, so the board goes from sunny to partly cloudy based on a few broken weather girls?
the stuff no one wants to hear about but should know.
WHY the lies? Never mind, I know. NO, you can't have my shares.
Post 46097: Cornell Capitol gives VCTY cash in 2004 in exchange for shares at .001 over a two year agreement for up to $20,000,000 in shares.
If you wanted investors to know the truth, you would have told us that equity line of credit agreement was CANCELED in 2004.
Your figures are wildly misleading. As of April 2007, of the two notes payable originally totaling $650,000 there was a remaining balance of $320,000. As of Feb 2007, there was a remaining bal of $45,000 to ISOZ, LC. So here we are 3 1/2 years later and you're throwing $20M figures around, trying to scare people. For all we know, these liabilities were taken care of with the reemergence of the shell. At any rate, approx $700K isn't wonderful but it's nothing to panic about.
IMO
Too much info is just enough.
Here's CD's comment and links via COUV board:
Bear in mind that report is all Inicia Corp. (INIA) financials prior to its new incarnation on COUV. Profitable Manhattan Stock Transfer and all its affiliates were not at all a part of this statement yet. This was required to complete the documentation for an uplisting on pinksheets to fully reporting which we should see any day now.
There were other financials filed that show the specific profitablity of Manhattan.
First 6 months:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=36676
2009:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=36675
Finally filled that pesky 35 gap. e/m