Videolocity International Inc (VCTY): Post Unavailable Additional Informati...

green60283 · 2010-08-08T23:38:02.5730000Z

Hey JT I can answer this I remember when this was posted months back so I went digging and here is the answer. Yes VCTY already owns the intellectual rights and we are still awaiting payment from the info I have. Thats an extra 18 mil for this company I think when we get paid we should see a rise in PPS. I think we did not see a rise in the pps when the news was release because it was confirmation that the rights belong to VCTY but no payment for those rights. Here is a copy from IBOX on the info. LINK: http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=DkbCwbqdXLEbS%252f9WzSySbA%253d%253d&nt7=0 IMO, Videolocity has NOT Received FULL Payment for the Intellectual Property Rights. I believe it was Summit Media Group that never paid. "Videolocity was granted a non-exclusive right to use the intellectual properties" IMO,which means that they where in contract with the purchaser. Imagine $18,489,000, & Mina Mar has client to by the shell, and that company is making 50,000,000 a year in revenues! & this company ONLY has 105,000,000 Shares Period!