Videolocity International Inc (VCTY)

[glidingone]

It is positive to the extent that VCTY turned a decent profit in Q4 of 2010. It is not positive to shareholders now.

VCTY SOLD ASCC and ASCC was worth 1.3 million in profit to VCTY annually (per VCTY) so VCTY for Q1 of 2011 and beyond will now have a lower revenue stream/profit. Yet the OS/AS is as high as it has ever been.

If VCTY were to merge with another new company - and it turned over a 1.3 million annual profit... that would be just like going back to having ASCC right? And ASCC did nothing for VCTY pps-wise.

Just not sure how anything other than reducing the OS/AS by a few Billion shares is going to seriously positively impact the stock - the float is still unknown - 5 months plus...