semi-retired
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I never said you were bashing but back up your statement with some factual proof or say it's "in my opinion"
We welcome all points of view as long as they are factual.
tia
Is that your opinion or do you state that as fact and provide proof thereof?
TIA
Alert from WallStreetReporter
VCTY
Videolocity International, Inc. (VCTY; www.videointernationalcorp.com) has seen its share price jump by 30.8% on January 31 as its volume increased to more than 62 million shares at the beginning of the Monday session. The company also announced that it has closed the sale of its Avatar Singh Construction subsidiary (ASCC) and that there could be a possible distribution for VCTY shareholders. With this news, we expect the stock to continue its rally today and most likely in the upcoming sessions, which should attract new investors.
The sale of ASCC is being conducted on an all-stock basis and could yield VCTY several million dollars in profits. VCTY had only intended to hold ASCC, an Indian construction company, for a short time after purchasing it in October 2010. VCTY management explored the idea of a stock distribution to its shareholder base, but it was advised that past distributions of non-related transactions (non-reporting to non-reporting issuer) were unsuccessful to enter the retail beneficiaries. The company is exploring other alternatives, such as direct distribution through the transfer agent, and/or other options available to the company.
This reshuffling of the company portfolio will allow VCTY to focus on its Tactician University subsidiary in China. Tactician is a progressive management education and leadership training center that tackles prevalent issues in the Chinese economy and its society, and trains 21st century Chinese leaders. It has a proven business model and VCTY is considering complementing it with additional viable ventures.
The sale of ASCC should enhance the value of VCTY and improve its shareholders' positions in the company as it grows more organically within its industry niche.
VCTY will update its Adequate Disclosure as soon as its first quarter is complete. The proceeds of the sale will also be reflected in VCTY's financials.
Keep an eye on VCTY!
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That is a great post Thomas...excellent recap of the days events!
Good Morning All!!
Should be an interesting start to the week. Exciting times ahead!
GO VCTY!!!
I know I sleep better at night knowing that I have so many looking out for my best interests.
GO VCTY!!
Muscle...we should be thankful we have people looking out for our welfare don't you think?
GO VCTY!!
fair enough...thanks
and you know this how?
Who is "they" and please provide the link to your evidence to substantiate your claim.
tia
GO VCTY!!
Lot of volume coming in!!
Alert from Wall Street Reporter
VCTY
January 27, 2011
www.wallstreetreporter.net
Videolocity International, Inc. (VCTY) to Complete Sale of ASCC
Videolocity International, Inc. (VCTY; www.videointernationalcorp.com) has announced that it will soon complete the sale of its Avtar Singh Construction (ASCC) subsidiary.
Following the VCTY news of January 3, 2011, where the company announced the sale, we believe that this deal will be finalized soon. This transaction should increase the inherent value of VCTY, which should be reflected in its the price per share of its stock.
The sale of ASCC is being conducted on an all-stock basis and could yield VCTY several million dollars in profits. VCTY had only intended to hold ASCC, an Indian construction company, for a short time after purchasing it in October 2010 for a fraction of the price that was being asked.
This reshuffling of the company portfolio will allow VCTY to focus on its Tactician University subsidiary in China. Tactician is a progressive management education and leadership training center that tackles prevalent issues in the Chinese economy and society, and trains 21st century Chinese leaders. The think tank operation's training program focus on business and government and manages 10 institutes in different provinces through partnerships with reputable Chinese universities. It has a proven business model and VCTY is considering complementing it with additional viable ventures.
The sale of ASCC should enhance the value of VCTY and improve its shareholders' positions in the company as it grows more organically within its industry niche.
Keep an eye on VCTY!
Let be try to make it a bit eaiser for you to understand... so you "get" what I mean.
I have to agree with Jenness...patience will pay off in the end here. TU is a cash cow wether we hang on to it or sell it off. If you can't hold and wait or are just unwilling to do so my suggestion to those investors/traders is to move on to the next stock. All imo of course.
GO VCTY!!
Morning JR...change is in the wind today. I can feel it in my two bad knees!
GO VCTY!!
.0018's are up!!
Looks like we finally got VERT of the ask!
Does Dragon own shares of VCTY?
Nice!! LOL
Excellent post Matty!
They can traslate it using the Google tool bar. It's actually pretty interesting. Looks like a lot going on over at Tactician. They should keep raking in the profits in 2011.
Thanks for the link Newie!
rj
Jenness just for WIW a 5000% increase from our current pps would put us at .102...wouldn't that be special!
And what proof do you have to back up that statement or is that just your opinion?
Friday Tips
VCTY
The merger with the Chinese hydroelectric company is a mega-project. With VCTY's current stock price hovering around the .002s range, VCTY would be under tremendous pressure.
Regarding ASCC, we haven't received any updates from management as to the revision of the OS/AS structure following the sale of ASCC. Once ASCC is finalized, this can be addressed.
The company is aware that the list of company officers update is in "default." With the sale of ASCC, this will be resolved. This is a non-essential administrative procedure.
I agree muscle...best of luck to all people who have money invested in VCTY!
IMO patience will be the victor here.
GO VCTY!!!
Good Morning All...Looks like we had quite the busy night...we should see answers to many of the questions discussed within the next few weeks imo.
GO VCTY!!
I think newie posted that also...expected in February.
couldn't agree more jenness...we are way under valued.
GO VCTY!!
Morning all and good for you rh....let this puppy run!!
GO VCTY!!