VTYC - Thoughts anyone? See inside
O/S = 65 000 000 (41 000 000 in treasury), so 24 000 000 shares O/S
Float = 6 500 000
They have minimum 3 000 000 $ in revenues from this deal only... This should be trading way higher imo... Am I mising something?
News today:
Victory Capital Holdings Corporation Receives Initial Asgard Holdings, Inc. Order
Tuesday July 6, 11:07 am ET
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--July 6, 2004--Victory Capital Holdings Corp. (OTCBB:VTYC - News) announced today, that under its Marketing Agreement with Asgard Holdings, Inc., it has received an initial order for 15,000 "Virtual Office" units. Each unit is priced at $24.95 and is paid monthly by each unit holder.
"As this communications frontier unveils, we are excited that Asgard has further validated this sector by placing this open ended order. On June 21 we set an EBITDA goal of $74,750.00 for the month ending July 2004 and with this initial order we are raising this goal to $250,000," stated Harold Gregg, CEO of Victory Capital Holdings Corporation.
Mr. Virgil Williams, CEO of Asgard Holdings, Inc. (OTC:VGME - News) commented, "This contract initiates an immediate revenue stream for both of our companies that is a culmination of our new business plan. We will concentrate our efforts to ensure this plan is successful prior to implementing further strategic alliances. The company appreciates the shareholder loyalty and patience as plans come to fruition. With the Enrollment Letter of Intent that we executed and publicly announced with SYZYGY, Inc. on May 10, 2004, we have now begun this exciting enrollment process. SYZYGY represents a client base of over 1 million people in the United States."
Victory Capital Holdings Corporation (VTYC) organized in Nevada, is a publicly traded company. The Company is designed to leverage the assets of existing, proven technology and to infuse those assets with marketing, management and financial support to become the recognized leader in its space.
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission.
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