Videolocity International Inc (VCTY)

[glidingone]

Financial Details of the ASCC Sale - Q1 financials?.

VCTY stated on 1.31.2011 PR - pinksheets - VCTY - NEWS:

"In other company news, VCTY having closed its sale of Avatar Singh will update its Adequate Disclosure as soon as Q1 is complete. The proceeds of the sale will be reflected in the VCTY financials as well. VCTY management explored the idea of a stock distribution to its shareholder base; however the VCTY management is advised that past distributions of non-related transactions (non-reporting to non-reporting issuer) were unsuccessful to enter the retail beneficiaries in streets name.

BUT then- VCTY stated in their PR 2.22.2011:

HENDERSON, NEVADA, Feb 22, 2011 (Marketwire via COMTEX) -- Videolocity International, Inc. (PINK SHEETS:VCTY) has announced that the sale of its Avtar Singh Construction (ASCC) subsidiary to Evader Inc. has been finalized.
.....
Details of this forthcoming uplift and the use of ASCC proceeds from the sale, including financial details, will be released shortly via OTC Markets filing service, updated Adequate Disclosure and a separate news release.

"shortly" is not a time frame - however that would seem that that by the end of March (which according to what IR told me, is when Q4 financials are due) we would see more detail.