Valcom Inc (fka VLCO)

[tigerpac]

This is a perfect example of how a Valcom press release states one thing and the 10-Q states something else.

Are shareholders supposed to believe the press release or the 10-Q? If one is right the other is wrong. If they changed their mind on how to use the funds between the PR date and the 10-Q date, they should have made a note of that in the 10-Q like they did with other things such as the R.E. auctions, and the pending contracts.

This is why it's best to tippy toe around this stock. Just because it's said in a press release or a 10-Q doesn't mean that it's 100% true with the penny stocks.

The TRI-PARTNERS, LLC funds will be used to:


•Assist in financing the process to transfer ValCom's Library to digital media which is already underway, but will now be expedited.
•Assist in funding the collection process of royalties due ValCom from ASCAP and BMI, which will now be greatly enhanced with dedicated funding for this specific expense.

http://finance.yahoo.com/news/ValCom-Building-Stockpile-of-prnews-4087528624.html?x=0&.v=1