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glidingone

02/17/11 7:05 PM

#55232 RE: Thomas #55231

Most welcome - That is the kind of error that everyone should know about so that they make informed decisions about VCTY based upon it's true merits.

To recap the last several months with VCTY (June onwards)

Hydro merger - most likely no longer exists - we have never received clarification on the issue despite multiple requests to VCTY for a final PR on the subject.

ASCC merger - we were told that the merger was with the whole company earning 7 million+ - we instead merged with 1 of the three companies within the company for 8 million shares... and not the 1.5 Billion shares that IR informed us that the expense would be.

AMETA merger - we were told that this was nearly a done deal - and it looked like we were about to merge with a decent company... silence reigns on the subject from IR, PR's and friday tips.

ASCC sale - were told that it was closing in 10 days a while ago.... we do not know if the sale was completed, what VCTY received for it's sale, and/or how that profit will be used.

Share reduction - long overdue - 1.8 billions shares at a minimum were to be returned to the treasury if the hydro merger & video closed caption mergers detailed in June of 2010 did not come to fruition). As of today the OS/AS have never been higher and there is no response from IR, PR, filings or friday tips as to when we might expect such a share reduction to occur.

Q4 financials - are according to IR today - not going to be shared until March.

And lastly... pinksheets for unknown reasons changed the OS to 3.5 billion+ less shares than are actually in the OS for one full trading day.