Videolocity International Inc (VCTY)

[glidingone]

VCTY Friday Tips 5.20.2011 PKS downgrade

We realize some flippers and day traders are frustrated with the company's slow progress to return the two billion shares to treasury. We're telling you that it's being done. The delay is ... we can't tell you ahead of the anticipated news. If you don't believe that two billion shares will be returned, then sell your position and buy it back after the announcement. You may only get half or less of the shares you now have for the same cost. But other than that, where's the fire?

Question:
Why did VCTY fail to submit the first quarter financials to remain current?

Answer:

See the Insider Tip to CEOs and Directors below. We're also moving away from the "head IR" model and it's up to these companies to maintain their status. Many see no value in Pink Sheets Stop or Yield ranks, and many issuers will post their financials on IR websites or on their own site.