Videolocity International Inc (VCTY)

[glidingone]

A straight answer from VCTY - Comedic.

Wed, Apr 6 2011 10:50am
Good day,

As it is April 6th and no details concerning the sale of ASCC as promised in VCTY's 2.22.2011 PR have been shared with shareholders - can we please know what VCTY received for the sale of ASCC? 800 million shares of EVDR we know, but are those shares restricted? If so, for how long?

Please request that VCTY keep it's own promises or to not promise anything at all if they are not going to do what they say they are going to do:

"HENDERSON, NEVADA, Feb 22, 2011 (MARKETWIRE via COMTEX) -- Videolocity International, Inc. (PINK SHEETS: VCTY) (www.videointernationalcorp.com) has announced that the sale of its Avtar Singh Construction (ASCC) subsidiary to Evader Inc. has been finalized.

VCTY now continues with a single main subsidiary: Tactician University. This progressive management education, leadership training and think tank venture tackles prevalent issues in the Chinese economy and society. It continues to grow, offer insights and positively influences China's decision makers.

In other news, VCTY management has been made aware of certain rumours which are currently circulating about a possible reverse stock split of its common shares. VCTY management is using this opportunity to dismiss these rumours as completely untrue. No such split is being considered for the foreseeable future. Management is also aware that its shareholders are seeking an uplift on the share valuations. The company has made this its top priority. Management has several options at its disposal and offers which it's currently entertaining.

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."

Thank you in advance for VCTY's detailed Response.