1) $200M asset merger + many secondary mergers 2) MACD crossed over yesterday - chart bullish = good time for news 3) Volume increasing - Most volume we have had in 4 weeks 4) Chart passed resistance yesterday and today - passed .011 yesterday and .012 today. Next resistance is at .0145 then .01 5) 105M O/S - this is huge because it basically means we own the float 6) Book value of $2+ if mergers are completed 7) Expect good volume days before news - what we are getting now! 8) IR company has never released assets of a merger company - VCTY is very special. This is the biggest asset merger that the IR ever found! 9) Update expected this week via last PR stating:
Quote: -------------------------------------------------------------------------------- The company currently conducts merger negotiations with the China based hydroelectric utility [$200M asset merger] (the primary merger candidate). Currently, the companies are in the process of discussing the internal logistics to offer the best facilitation of the merger. The company will focus on clearing a number of legal, operational, administrative and procedural tasks to proceed with the merger. These negotiations proceed according to plan and the company expects to offer a merger update to VCTY shareholders by the end of May 2010. --------------------------------------------------------------------------------
Quote: -------------------------------------------------------------------------------- The company expects to offer its shareholders news on all merger developments by the end of May 2010.
1. $200M hydroelectric (R/M) "One of the second merger candidates is a colossal Hydroelectric Utility Company who serves to 80,000 users in China, with assets over $200 million (USD) Obviously if the hydroelectric utility merger negotiations do not come to fruition, the company will reduce the authorized share structure back to the original and previously announced 888 million shares.
"Usually these shell companies need to be recapitalized to absorb the merger. Obviously the higher their share price is the less stock the company has to issue in the merger. Usually these shares are held in escrow upon the merger and remain the control block for some time after the merger. The float and the free trading shares usually remains undisturbed after the merger. The shares these companies receive are subject to insiders and control block and referred to as Rule 144 stock"