Videolocity International Inc (VCTY)

[clippy54]

Does anyone have an explanation about why the differences between the company description and the merger news release?

REVS don't match? are there 3 companies in merge or just one?

From company description:

Avtar Singh Construction 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

from merger news:

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)