Videolocity International Inc (VCTY)

[glidingone]

VCTY Lost 3 million in revenue with the sale of ASCC (as per VCTY's statements of revenue on the topic - so the Q4 financials are different compared to what their current revenue stream is.

Now they also lost the debt/expense that ASCC accumulated - will be interested to see the Q1 financials for a true idea of how much the single company - Tactician University) is making for VCTY.

Not to throw water on the flame - glad that VCTY managed to file financials at the last possible minute - just noting that what is seen here in the Q4 financials is in the past - we still have a 4.7 BILLION OS/AS with LESS revenue and profit - less money coming in and a higher OS/AS = a low pps right?

Thoughts?

So if VCTY adds a new company... say for some number of Billions shares already in the OS/AS - and it turns 1.3 million annually in profit... we would be in the exact same position as we were in Q4 (except that the OS is now 600 million shares larger).

My point is... we have already had two companies pulling in decent profits quarterly and annually and the share price is what it is now.. so why would we think that it would positively impact VCTY to add another such company when we already had that exact same scenario and we saw the result?