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Appetizer:Monday First Course:Emerging from Bankruptcy later this month... Just to be clear - the NEWS/BIG EVENT is when the Q comes off (ideally later this month) Some folks are saying that the big event is this Monday, and that is a great little appetizer ... event, but the real news will be the company emerging from bankruptcy and then the merger with Kruse... don't want folks thinking that this Monday is the main kahuna...
.345 hitting and holding
QSGIQ -
Precisely the point - VCTY needs to tie things together and explain things - they went from acquiring a hydro company to acquiring an india construction company to acquiring a canadian Video parts store to building a city...
There is nothing tangible or profitable stated in the last two PRs - that is the point - not that there could not be a profit in it or that it is not real - that is unknown to all of us because VCTY has not taken the time or effort to inform us.
My post was in response to another post stating the disbelief that folks are not jumping into VCTY with abandon based upon the latest PR's - my point was that there is nothing tangible or profitable stated in those PR's and that non-tangible, non-detailed, potentially positive information is still overshadowed by more important matters that VCTY needs to attend to.
No facts = no large impact
Welcome aboard
Spread the word to folks on other boards...
3.7.2011 is coming up very soon - pacer filings should provide us a great look-in
0.345 ask
Lock that float down folks - raise your asks to force folks to come UP to you... let the momentum rise...
Later this week - will have more cash free to support.
stop undercutting the ask and selling..
foolish - if you must sell - sell UP and let it run...
.34 UP .34 BROKEN
ask .30 trying hard to stop us from breaking .30
Read the stickies and the ibox -
QSGI Key Dates FYI next up 3.7.2011
2/9/2011 - Proponent's Deadline for Serving this Order, Disclosure Statement, Plan and Ballot
2/9/2011 - Deadline for Objections to Claims
2/28/2011 - Deadline for Fee Applications
3/7/2011 - Proponent's Deadline for Serving Notice of Fee Application
3/7/2011 - Deadline for Objections to Confirmation
3/7/2011 - Deadline for Filing Ballots Accepting or Rejecting Plan
3/16/2011 - Proponent's Deadline for Filing Proponent's Report and Confirmation Affidavit
3/21/2011 - Confirmation Hearing 9:30am EST
Re-post.
QSGIQ
which was more than 5 months ago - the float has increased since then by an unknown amount and the OS has increased by 650 million.
Very true - have to lock it down and work the ask up together - more powder coming later this week...
.27 up
QSGI Key Dates FYI next up 3.7.2011
2/9/2011 - Proponent's Deadline for Serving this Order, Disclosure Statement, Plan and Ballot
2/9/2011 - Deadline for Objections to Claims
2/28/2011 - Deadline for Fee Applications
3/7/2011 - Proponent's Deadline for Serving Notice of Fee Application
3/7/2011 - Deadline for Objections to Confirmation
3/7/2011 - Deadline for Filing Ballots Accepting or Rejecting Plan
3/16/2011 - Proponent's Deadline for Filing Proponent's Report and Confirmation Affidavit
3/21/2011 - Confirmation Hearing 9:30am EST
Re-post.
Hilarious opening line - thank you for making my morning!
increase the authorized number of shares of common stock from 75,000,000 shares to 500,000,000 shares, par value $0.001 per share
Item 3.02.
Unregistered Sales of Equity Securities.
Pursuant to the Purchase Agreement, on February 23, 2011 we issued to Petro Grande an aggregate of 261,471,681 shares of the Company’s common stock described under Item 2.01 above, comprising approximately 77% of the Company’s outstanding shares.
Such securities were not registered under the Securities Act of 1933. The issuance of these shares was exempt from registration pursuant to Section 4(2) of the Securities Act of 1933. We made this determination based on the representations of Petro Grande that it is an “accredited investor,” as defined in Regulation D of the Securities Act. Appropriate legends have been affixed to all shares of the Company’s common stock issued in the Transaction.
Item 5.03.
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
In connection with the transactions contemplated by the Purchase Agreement described under Item 2.01 of this Report, on February 16, 2011 the Company filed a Certificate of Amendment to its Articles of Incorporation, to increase the authorized number of shares of common stock from 75,000,000 shares to 500,000,000 shares, par value $0.001 per share.
Item 5.07.
Submission of Matters to a Vote of Security Holders.
A special meeting of the stockholders of the Company was held on January 26, 2011, adjourned to February 4, 2011 (the “Special Meeting”), to vote upon the following proposal: a proposal to amend the Company’s Articles of Incorporation to increase the authorized number of shares of common stock from 75,000,000 shares to 500,000,000 shares, par value $0.001 per share (“Proposal One”).
As of November 26, 2010, the record date for determining the Company stockholders entitled to vote on the proposal presented at the Special Meeting (the “Record Date”), there were 56,816,666 shares of Company common stock issued and outstanding. At the Special Meeting, the holders of 51,950,155 shares of the Company’s issued and outstanding common stock were represented in person or by proxy, constituting a quorum. The approval of Proposal One required the affirmative vote of the holders of a majority of the outstanding shares of the Company’s common stock entitled to vote at the Special Meeting in person or by proxy, in accordance with Nevada law.
At the Special Meeting, Company stockholders approved Proposal One by the affirmative vote of the holders of a majority of the outstanding shares of the Company’s common stock entitled to vote at the Special Meeting, in person or by proxy, as of the Record Date.
Swing/flipping - I definitely agree - as long as VCTY holds a pattern over a few days, weeks etc.. it can be played... as long as the longs stay in & additional dilution does not occur - the rest is fair game and money is there to be made. For those that are taking that approach - it is a nice play.
Right with you - never mentioned fundamentals - pinksheets are all about momentum, news/what could be! etc...
VCTY lost that momentum right about the time when their time-frame for the hydro merger completion fell through and they announced that the reason why they had not told us anything about it's status was because their representative was sick. Then they turned around and said it was because investors did not want a 200 million hydro company...
Then they proclaimed that ASCC was just as profitable as the hydro company and it came out in the financials that it was not...
It went downhill from there.
My point is - there has to be some truth or appearance of truth and ability to come through with promised mergers etc... in order for dollars to be made... That is all - not advocating a higher board rubric for evaluating VCTY's potential.
Hopefully they can start that momentum up again by keeping their word with whatever new promises that they make here in 2011.
Details - Financials - what does this news mean
for VCTY financially... It could be huge, but without any dollar details, it is another informative, yet non-impactful PR release about Tactician University?
Remember the PR from Tactician that detailed how much folks paid to attend Tactician's conference? And how many and we then used that information to tally up couple hundred thousand dollars for Tactician just on that one conference? That was useful, information - more of that would be excellent. Tried to find that PR from last Summer 2010 but VCTY has cleared out all news prior to Dec 2010 from pinksheets.
Just about every pk sheet is a spec play... this one happens to have better DD and detailed info than most (IMO). Valuations mean little here in the world of pinksheets... now when this stock moves onto a higher exchange after emerging from bankruptcy... then the talk of valuations should occur.
All about this stock emerging from bankruptcy and merging with Kruse... read the ibox and the stickies to become informed folks.
Helpful video here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60417600
QSGIQ
Tomorrow brings 3 trading days before the 7th - which is when we should have the knowledge as to whether the pacer filings = the majority necessary(and so far it is overwhelmingly a yes).
.... at that point it should be a mad dash for shares as we approach the final ruling at the end of this month...
Read through the Ibox and Stickies when you have a moment. A lot of time and care went towards providing that information so that folks can become informed.
QSGIQ
Doubly agreed but 4 billion OS/AS against say... 5 million in profit from Tactician in the year 2010 is a huge weight to overcome?
Profit alone cannot increase the pps of a stock - it has to have a share structure that allows the stock to rise and fall based upon the company's actions. Along with building trust... so that there are people willing to invest in the stock.
Looking very much forward to the Q4 financials by the end of March.
Misunderstanding - I am not questioning delays in business mergers at all. The part that we all question is why these multiple delays/updates/changes/happenings are not detailed to shareholders and explanations for important changes in the stock that we hold are rarely, if ever, provided. In addition - promises without action have occurred on multiple occasions without explanation.
i.e. OS increase of 600 million+ without explanation.
i.e. Failure to retire 1.5 billion shares in the OS/AS as promised by VCTY in their official filing on 7.19.2011 when the hydro company has clearly now stated (as per the VCTY's own PR in December) that they will review all-cash offers ONLY.
i.e. Failure to update the float in 5 months without explanation.
The above are only a few items that are of interest to everyone who has any interest in this stock.
We are not interested in comparing VCTY with other stocks - this is a message board for VCTY only.
Past patterns of VCTY's actions guide the outlook for future behavior/actions.
Well said - put all of that in a post compiling the successes of VCTY without a personal attack on an individual poster and it can be a sticky.
The title should read something like:
VCTY Past Success and Future Plans
Not looking to 'prove any failure' - looking for VCTY to keep their own promises and provide detailed explanations for their actions in both the past, recent past and current dealings.
Not certain why TCU came up - TCU appears to be the best part of VCTY - also - in that post, should mention that VCTY achieved current pinksheet status - that points towards a desire to become more transparent.
Invested in VCTY for nearly a year... no need to advise on VCTY's methods or timeliness - If it is desired, we can re-hash all of the past promises and time-frames that were stated definitively by VCTY without fulfillment. (VCTY stated that the hydro merger would be closed and finalized within 90 days at one point and then when that time-period expired, we heard nothing definitive about hydro until months later in December...)
Just because someone dares to mention facts instead of the latest shiny new promise from mmmg/VCTY does not equal whining.
I quoted exactly what VCTY officially PR'd of 'soon' - if there is an issue with that wording - it would be wise to advise VCTY of any concerns with wording in their PR's.
How about that ethical 'no-no' about only cherry picking positive things to say about VCTY... called flattery... How about a little reality... People should trade in the reality and no one more than I would like VCTY to clearly detail everything as soon as possible - tell me, why does this company keep saying answers soon, imminently, very soon, any day now etc... in PR's, IR responses etc... and then not come through with any detail for weeks now?
Blame the company for not keeping their word - surest way to loose any trust.
If real conversation about all details of VCTY is '*******' where you eat... then so be it. Folks were all over me because I dared to quote from VCTY's OWN PR's stating that the payment for ASCC was 800 million shares of another company and that the OS rose by 600 million... and then the company re-affirmed all of that to be correct last Friday...
We deal in a world of facts folks - and there is no hiding or denying them - the facts need to equal a successful and transparent company. And the sooner that occurs with VCTY - the better for everyone.
How about that SOON news? Great to have all the details from the sale of ASCC isn't it? .... IR again making promises and failing to deliver...
So how does that reverse boost work again? And didn't it start over a month ago?
Not much to talk about as nothing new has occurred & explanations look to be due out with Q4 financials perhaps or Q1 financials as was stated in a past PR.
retracing to fill the large run yesterday... enjoying the lower buy-in point...
Xbigshot - Great video - thank you.
QSGI Key Dates FYI next up 3.7.2011
2/9/2011 - Proponent's Deadline for Serving this Order, Disclosure Statement, Plan and Ballot
2/9/2011 - Deadline for Objections to Claims
2/28/2011 - Deadline for Fee Applications
3/7/2011 - Proponent's Deadline for Serving Notice of Fee Application
3/7/2011 - Deadline for Objections to Confirmation
3/7/2011 - Deadline for Filing Ballots Accepting or Rejecting Plan
3/16/2011 - Proponent's Deadline for Filing Proponent's Report and Confirmation Affidavit
3/21/2011 - Confirmation Hearing 9:30am EST
Re-post.
Ask back to .29
Pattern is lull and then PH hits high of day
It's stuck on a .28 buy - partial fill...needs 4250 to complete it...
0.289's up
.275's up
right with you there - cursing my doubts last week preventing me from buying more.
.26 up
Whoa - nice turnaround .04 and rising!