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call michael and talk to him
What exactly, in detail, did he say? If you don't answer, you're blowing smoke.
R u kIdDiNg?
that blurb was a cut and paste from their folio.
It was part of an audited, legal document in a presentation package to investors, which could also be described as a thorough presentation of transparency.
You obviously have an agenda. Just get the facts right.
Newsss: Videolocity International, Inc. (VCTY) Targeted Hydro Company
HENDERSON, NEVADA, Jan 4, 2011 (Marketwire via COMTEX) -- Videolocity International, Inc. (www.videointernationalcorp.com) identifies the name of the Chinese hydro company as the targeted merger candidate. Company Director Zhou Aixian Chairman said "For months our followers have been demanding the name and details of the Hydro merger candidate and our critics have made some inappropriate remarks regarding the existence of the Hydro company. We do not respond in public to every critic which may have its own agenda, in this case however because we continue to pursue this and other China deals of equal or greater statue we are releasing the name as requested by our North American merger consultants.
The merger candidate, Hubei Xinzheng Hydroelectric Development Limited, was founded in 2003, has a total of 25 staff members, and currently has 60 million RMB Yuan registered capital and 50 million RMB Yuan real capital. See China government link cdm.ccchina.gov.cn/WebSite/CDM/UpFile/File2310.pdf.
Currently, hydroelectric developments and operations are the major business of the company. The Chinese government attaches great importance on, encourages, and provides incentives to, the hydroelectric industry. The principle of the government's hydroelectric development is optimizing hydroelectric power. Developing hydroelectric power, which is a clean energy, will help the underdeveloped areas of China develop their economy and effectively sustain a more ecologically-friendly environment. It is closely related to the sustainable development of the economy and society as well as the long-term benefit of the future generations.
Hubei Xinzheng Hydroelectric Development is a massive project and our corporate consultants have proposed various complex and sophisticated mechanisms to secure the merger and anchor us to this asset. VCTY intends to finalize the sale of ASCC thus be better equipped with bargaining power, and other resources to make a further move; however, nothing is being ruled out just yet.
VCTY looks forward to keeping the investor public updated on a timely basis.
Yeppers.
See financials.
M.Kohli & Associates Chartered Accountants
Chartered Accountants set up in 1985 one of the earliest Indian CA firms based at CHANDIGARH India.
Where did you get that figure?
Revenue is something like .87 mil for that subdivision.
Wrong. 2009: 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).
FY: March 31
Notice the word Audited.
VCTY hugged .008 for months, which looked cheap. There are plenty of us in at 8 and 4, waiting patiently for pennies. The company seems serious with stakeholders in as high as .008. They're not gonna settle for sub-penny, IMO.
U don't know the terms so you literally don't know what the deal is ... buyback, shares returned to Treasury, cash dividend or proceeds to buy another company (?) To be cont'd.
Snow, scratching my head.
What assets does EVDR have that could enable it to pledge 800M shares for ASCC? If ASCC itself is the security, that's quite a feat of financial engineering.
Re: Who?
A guess: China-based Innovation Investment Group Inc.(Inn Group) http://www.ydwtz.com/eng/ ... good, very profitable education company currently stuck in EEGI.
Interesting article. Private education booming in China. More recent articles probably available.
http://www.chinastakes.com/2010/1/investors-increasingly-interest-in-chinas-private-education-sector.html
Investors Increasingly Interest in China's Private Education Sector
Videolocity (VCTY) Identifies Buyer of its ASCC Subsidiary valued at $ 4.8 Million USD
Source: MMMG
HENDERSON, NEVADA--- January 3, 2011 Videolocity International, Inc. (PINK SHEETS:VCTY - News) (www.videointernationalcorp.com) names the purchaser of its subsidiary Avtar Singh Construction (ASCC). The buyer Evader, Inc. (EVDR) will pledge about 800 million shares as security in escrow in a complex transaction that will allow EVDR to securitize certain financing and debt to secure control of VCTY’ subsidiary ASCC. Avtar Singh Construction http://www.videointernationalcorp.com/ascc.php is one of the major developers in Chandigarh, India, with strong ties to the local community and municipal governments. ASCC owns a total of three different companies which run into various fields, namely roads and highways, real estate and leasing/financing, and offers revenues in the range of $5 million USD. ASCC has executed various projects of national importance in India, including construction of national highways.
“VCTY management acquired ASCC in October 2010 for a fraction of the sale price. ASCC was always a short hold for VCTY as it never fit the VCTY’ vision or profile. Now that we finally earned the current rank status with OTC Markets we are looking to focus on the core operations of our business and grow our business more organically or at least with a merger of other China based companies in our industry space. The ASCC purchase was a one off and it proved to be a great boom for VCTY said Mr Zhou Aixian Chairman of VCTY.
Right now VCTY is working out the logistics of the transfer of ASCC to its new owners and all the escrow accounts are being set up including coordination with both companies transfer agents.
Final definitive announcement will be made shortly by VCTY.
I'm sure you know (hope) that T-Trades aren't trades, as such ... they're accounting mechanisms per the SEC to balance the MM's books. It's possible that a MM put on his little paper hat a little too soon on Friday before rushing out to meet his date at the farm for the big New Year's bash. Happy moo year. Also, being the start of a new trading year, it could have been a Monday accounting thing.
http://www.charlesd.net/showthread.php/1332-What-is-a-T-Trade
The most logical situation is that Brokers had to settle between themselves on shares that were "borrowed" during the day. So, if Broker A gets an order to Buy shares of a Stock that it does not have in its inventory it must borrow those shares from somewhere. Then the SEC gives them the responsibility to Close that deal within just a few minutes of the Market close. That is most normally what the T-trades mean.
Normally this occurs between the close of the market on one day and the next day's open
Huh? This is Pink Land. There is no A/H or pre-mkt trading. That definition was written for more adult markets.
a gap is an area on a price chart in which there were no trades.
True.
Previous Close (Fri) 0.002
Open today 0.0028 > The MM's jacked up the Open after seeing all the interest; pre-mkt buy orders and/or news.
Daily Range 0.003 - 0.0023 (So far.)
Current gap (groan): 0.002-0.0023
In the past, the MM's have waited two days to fill gaps. I don't like it either, but, as mentioned, after they hit the down button, VCTY usually jumps back quickly. Hold nose. Don't panic.
IMO
Better check your definitions again. e/m
Gap filled? How do you figure?
Your link describes it. See Runaway Gaps.
I only wish investors would wait until the market opens (not pre-market) to place their buy orders. I'm in the camp that believes MM's invariably fill gaps and today's gapperoo - so far, .002-.0023 - is going to disappoint quite a few people. Be patient. Let if fill. VCTY will move quickly on dedicated volume.
IMO
Thnx, TRD. Whoops, Mods, delete my previous post 52396 and this one. Too much eggnog.
Share Structure
... getting healthier.
Dec-22-2010
Confirmation via TA
Poster: Name? Sorry.
called the TA, current share structure:
o/s: 2,368,855,825
restricted: 792,598,037
December 28, 2010
AS = 3 Bill
OS = 2.368.855.825
RES = 792.598.037
Float = 1.576.257.788
Dec-31-2010 PS Current a/o today.
Authorized Shares 3,000,000,000 a/o Sep 30, 2010
Shares Outstanding 2,218,705,675 a/o Sep 30, 2010
Float 1,426,107,638 a/o Sep 30, 2010
whats the whole story
Here's a guess. The posters are continuing to use derivations of the co. name - minimoo, etc. - with the same unfounded allegations, which helps to prove intent ... playing into the hands of the Plaintiffs? I don't like censorship either except when it counters wreckless defamation.
Trade date or settlement date for tax purposes?
This question has been kicked around for a few days and the consensus is wrong.
Trade date, NOT settlement date, is the key date for tax selling.
Great resource:
Tax Guide for Individuals & Investors
http://www.fairmark.com/refrence/index.htm
http://www.fairmark.com/capgain/lastday.htm
Last Day to Sell
The settlement date doesn't matter for purposes of determining when your sale took place. If your trade date is in the current year and your settlement date is in the following year, the tax law says you made the sale in the current year (year of the trade date).
Different rule for short sales
Share structure getting healthier.
Dec-22-2010 confirmation.
Poster: Name? Sorry.
called the TA, current share structure:
o/s: 2,368,855,825
restricted: 792,598,037
December 28, 2010
AS = 3 Bill
OS = 2.368.855.825
RES = 792.598.037
Float = 1.576.257.788
Dec-31-2010 PS Current a/o today.
Authorized Shares 3,000,000,000 a/o Sep 30, 2010
Shares Outstanding 2,218,705,675 a/o Sep 30, 2010
Float 1,426,107,638 a/o Sep 30, 2010
Friday's Micro Tips_December 31, 2010
We are working over the holidays and we said unless something massive and of significance happened we would not issue a Friday Tips till Jan 7
UWRL ,VCTY and ADHC warrant this holiday interuption.
We are pleased to report that:
UWRL will be moved to the Pink Sheets Current Information tier before the next market open. The Caveat Emptor Flag will be removed.
We expect this by January 3rd trading day!!
Hmmm, why can I find it and you can't? It's exactly where they said it would be.
Incorporated in September 2010 (See Industry Canada government website @
http://www.ic.gc.ca/eic/site/cd-dgc.nsf/eng/cs04675.html),
7662491 Canada Inc. possesses a licence to explore and mine at the property in Ontario gold belt.
Marine, you're a font of info even if you're interpreting it incorrectly.
First of all, we're all speaking English (sorta) and can at least agree on the location. There's only one Eastern Ontario Gold Belt, a specific geographical region.
7662491 Canada Inc. possesses a licence to explore and mine at the property in Ontario gold belt ... situated by Alcona Bay.
Plenty of maps avail, including Google or mining-specific satellite and topo maps. Here's topo. Sioux Lookout is the defining geographical feature near Alcona Bay.
http://www.canmaps.com/topo/nts50/map/052j04.htm
The Drayton Gold Property (thanks again for the report) is useful because independent consultants provided the following POSITIVE recommendation:
And it gets better. One of the Drayton maps helps to locate the NWTT property.
Is there gold there? Probably. Can it be mined profitably? Dunno, but, as mentioned, the following statement makes sense.
Recent trend in the mining industry is toward small scale operations whose profitability is in fair part due to the absence of expensive offices and debt-loaded capital equipment costs. Typically, this requires clearly defined objectives and highly efficient ore recovery techniques using leased equipment, and if done carefully, an operation of this nature can commercialize many of the smaller deposits passed over by the big guys.
http://money.cnn.com/data/commodities/
Last quote:
Gold $1,413.50 (Floor)
How is that possible? The area described is the Eastern Ontario Gold Belt, which is between 2 and 7 miles wide and upwards of 25 miles long.
7662491 Canada Inc. possesses a licence to explore and mine at the property in Ontario gold belt ... situated by Alcona Bay.
If it's not here, where is it? Or are you confusing the gold candidate with the silver candidate (pic below). Location to be announced (?)
Someone just dumped 7 Million NWTT shares at .0002.
Sure they were sells? My buys @ Ask .0002 were recorded as sells. The MM games continue.
This guy knows his stuff.
History, mines & methods.
http://bob.bredberg.net/geo/madocgm.html
Eastern Ontario Gold Belt
Highway #7 between Madoc and Kaladar crosses a rock formation trending northeast-southwest which contain volcanic, metavolcanic and metasedimentary components collectively known as the Eastern Ontario Gold Belt. This tongue- shaped belt of rock is between 2 and 7 miles wide and upwards of 25 miles long.
Gold Mining Activity In Madoc Area - Eastern Ontario
These formations hosted more than 100 small gold mines, prospects and occurrences, none of which ever became a commercial success in spite of the fact that thousands of ounces of gold were removed from these deposits over a 75 year period. Many of the more dramatic discoveries date back to the late 1800's which predate many of the mine activity reports and on-site investigations now required by government regulation.
Early government records frequently note that a mine was worked by "Unknown Operators" and produced an "unknown" amount of gold. Local stories passed down by word of mouth often mention small "whisky kegs" full of gold that were so heavy that a mule could only carry two of them at a time. Of the gold mines and gold prospects on record, Such is the stuff dreams are made of.
http://bob.bredberg.net/geo/madocg3.html
Madoc Mining is part of a recent trend in the mining industry toward small scale operations whose profitability is in fair part due to the absence of expensive offices and debt-loaded capital equipment costs. Typically, this requires clearly defined objectives and highly efficient ore recovery techniques using leased equipment, and if done carefully, an operation of this nature can commercialize many of the smaller deposits passed over by the big guys.
http://en.wikipedia.org/wiki/Gold_mining
Gold mining consists of the processes and techniques employed in the removal of gold from the ground. There are several techniques by which gold may be extracted from the earth.
One small change between the docs.
STATEMENT OF SHAREHOLDERS' EQUITY, pg's 75/76 respectively, Bal changed from June 2010 to Sept 2010. No change in numbers, only date.
Good to see somebody (Pink Sheets?) is paying attention; adds credibility.
Initial Company Information and Disclosure Statement_Dec 29, 2010
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=41546
News: Shuangshi APH (HIRU) Enhances Its Long-Term Expansion Plan
HENDERSON, NEVADA, Dec 27, 2010 (MARKETWIRE via COMTEX) -- Hiru Corporation (www.hirucorporation.com) management intends to adhere to its plan to grow on the Chinese vaccine and husbandry market and establish new contacts within the industry.
The management of Jiangxi Shuangshi Pharmaceutical Co., Ltd. to thrust forward the company's market position and bids its sales force to enhance the company portfolio and establish minimum of 1000 direct new customers nationally in three years.
Besides establishing a strong presence on the Chinese animal vaccine market and R&D, the company continues to explore new opportunities in agriculture, aquaculture and other related adjacent animal husbandry and agricultural industries.
Day-O! Daylight come and me wan' go home.
Let me guess. Treetops? Hedonism II?
Holiday Update_Dec 25, 2010
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=41500
Post Unavailable
Additional Information
Holiday Update_Dec 25, 2010
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=41503
News: Jiangxi Shaungshi Pharmaceutical Co. (HIRU) Expands Further Into Aquaculture
NANCHANG, CHINA, Dec 23, 2010 (Marketwire via COMTEX) -- Hiru Corporation (www.hirucorporation.com) launches Jiangxi Fisheries Biology Co. to continue expansion into aquaculture.
Following the news from September, when the company announced signing reservoir lease contract in Nanchang County (http://www.mmdnewswire.com/jiangxi-shaungshi-pharmaceutical-10038.html), the company announces the launch of Jiangxi Fisheries Biology Co. Jiangxi Fisheries Biology Co. was launched with a total investment of 1,000,000 RMB. Jiangxi Shaungshi Pharmaceutical Co. invested 700,000 RMB, in other words, 70% of the total share capital.
HIRU subsidiary Jiangxi Shaungshi Animal Health Products (AHP) Co., operates its subsidiary Jiangxi Ian Van Agricultural Development Corporation, which aided the company to sign the reservoir lease and aids Shuangshi AHP in expansion into animal husbandry and agricultural fields and Jiangxi Fisheries Biology Co. is a direct outcome of these efforts.
> PS Current Information.
> Initial Company Information and Disclosure Statement (15c2-11).
> Attorney Letter with Respect to Current Information.
Most rational investors would sense that the company is communicating transparency and a desire for the pps to rise. No, you can't have my shares.
Newsss: Hiru Corporation (HIRU) Targets North American Market Expansion With a Merger
HENDERSON, NEVADA, Dec 20, 2010 (Marketwire via COMTEX) -- Hiru Corporation (HIRU 0.01, -.00, -30.00%)(www.hirucorporation.com) subsidiary is pleased to announce to their followers that they are targeting a North American (Canada-USA) based company as their potential merger candidate. The company sees this as a "foot in the door" to gain access to North American markets.
The merger candidate, who chooses to remain unnamed at this stage in the merger negotiations, is an environmentally friendly pet company. The company offers a unique line of green products for animals including cats, dogs and horses. These products had already gained major media exposure in the USA.
HIRU management is pleased with this merger candidate and feels that they would be a welcome addition beside their current subsidiary, veterinary product supplier Shuangshi AHP Co. HIRU will update investors and shareholders as more details unfold on timely basis.
The ol' ancient-history-liabilities scare tactic.
Assets were $700k and the current liabilities alone were $8,000k. Assets cover liabilities seven cents on the dollar. Give me a break!!!
Debt? We don't have no steenkin' debt. At least it's near nada; meaning minimal, inconsequential, RARE for a Pink.
VCTY Issuer Information and Disclosure Statement_Nov 30, 2010.pdf
6. Defaults of the Terms of Any Note, Loan, Lease or Other Indebtedness or Financing Arrangement requiring the Company to Make Payments
The Company is not in default of the terms of any note, loan, lease or other indebtedness or financing arrangement requiring the Company to make payments.
Also, see Q filings.
BTW, what an image. No GYN's on staff.
They need to make the stock fertile for dilution.