Replies to post #22051 on Videolocity International Inc (VCTY)

[mstockjumper]

No you are right I meant to say profits...From the June 29th PR...

The company, whose name remains undisclosed at this time, is a large utility company, founded in 2003, with profits in excess of 50 million RMB ($7,360,000 US). Hydro electric power in China today is big business and is part of the government's plans to aid underdeveloped regions with sustainable energy. The company plans to expand its services and currently seeks funding for the creation of a new hydro power station. This new hydro station is due to provide energy to the region by 2012.