VLCO, $0.025. Amazing News just released:
CLEARWATER, FL--(Marketwire - 05/24/11) - ValCom, Inc. (Pinksheets:VLCO - News) reported a big gain in quarterly earnings when the media and entertainment company disclosed the financial results for the 2nd quarter of its financial year.
A key statistic in the 2nd quarter 2011 financial data is the company's total assets which grew over 200% from September 2010 to over $24 million. The increase is primarily due to the company's audio and film library and growth within its My Family TV television network (www.myfamilytv.tv).
"ValCom is starting to heat up!" stated Vince Vellardita, President and CEO of ValCom. "Our financial results are starting to show what our shareholders have waited for. This company has been dramatically undervalued as we continue to execute our business plan to increase shareholder value."
The 2nd quarter financial results showed a $.33 earnings per share, meaning that ValCom's earnings per share are 15-times where the stock is currently trading.
Assets: $24 m, or $0.24/share.
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