VCTY MARCH NEWSLETTER
VCTY Sells ASCC and Tactician Recognized for Achievements
Videolocity International, Inc. (VCTY; www.videointernationalcorp.com) has finalized the sale of its Avtar Singh Construction (ASCC) subsidiary to Evader Inc. on an all-stock basis, enabling it to move forward with a sharper focus on its single subsidiary: Tactician University.
Tactician is a progressive management education, leadership training and think tank venture that tackles prevalent issues in the Chinese economy and society. It continues to grow, offer insights and positively influence China's decision makers. Tactician has racked up some impressive achievements over the past few weeks, which have proven how solid the business model that VCTY has established for the institution is.
Tactician will take part in constructing a new town named Beihai as part of the northeastern Chinese city of Yingkou. The port city on the Bohai Sea is part of the Liaoning Economic Area and will build a new 50-square-kilometer, 500,000-person administration area named Beihai. Tactician will participate in planning and constructing Beihai in conjunction with local authorities. Tactician's sterling reputation, based on its past performance and influence, prompted the Yingkou government to establish a partnership with the institution.
Tactician has entered an agreement with China's Zhengzhou Xinzheng International Airport (IATA: CGO, ICAO: ZHCC) to provide it with long-term investment, financial, management and administration advisory services -- including creating strategies to maintain sustainable development, consulting with management on the airport's business operations and investment projects, and designing a plan to measure management efficiency. This agreement will provide a solid foundation for co-operation with the Civil Aviation Administration of China, the establishment of a technical training center and further synchronicity between Tactician and the airport.
Shenzhen Boneng Gas Co., Ltd. is strengthening its co-operation with Tactician because it's been so pleased with the training its staff has received from Tactician instructors over the past two years. Shenzhen Boneng Gas Co., Ltd. is a leading Chinese conglomerate involved with the gas, real estate development, construction and installation, hotel and entertainment, advertising and printing industries. Its board of directors acknowledges that Tactician training has reduced its rates of both customer complaints and workplace accidents, and it looks forward to working more closely with Tactician in the future.
Tactician's management training and consulting business for small and medium enterprises (SMEs) has been officially honored by the Chinese city of Shenzhen for its outstanding achievements in developing and certifying SME managers. The local government will now offer Tactician preferential policies to help further its work.
Tactician's leadership has also been recognized, as president Sun Ming Gao has been appointed a part-time supervisor of the International Business School at Sun Yat-sen University's Zhuhai campus.
Finally, VCTY management has dismissed rumors about a possible reverse stock split of its common shares and insists that no such split is being considered for the foreseeable future. The company has made raising its share price a top priority. Management has several options at its disposal and viable offers which it's entertaining.
