Replies to post #8683 on Valcom Inc (fka VLCO)

[harrypalms]

What PR are you talking about.. "In the PR for the Platters DVD and CD, Valcom clearly stated that the last Platters anniversary album sold over 70 million copies. If that was true, it would rank behind MJ's Thriller as the second best selling album of all time...and we know that's not true"

[grappler13]

I have no idea why my welcome post to you was deleted, I have seen many such posts on here even today. Regardless, I appreciate those who dig deep into such filings. Much different board here, your questions are appreciated....
looking forward to wednesday with vlco

[trademeister]

RE: Platters- maybe wording: "The Platters have
recorded nearly 400 songs and have sold over 80
million copies of those songs.." They also appeared
in 27 movies...www.plattersinfo.com

[finishsuper]

Welcome to the iHub board tiger. I, too, use the same id in both sites. And, while I don't post that much on either site, I do follow a lot of the information and opinion posted.

You bring up legitimate concerns and questions and hopefully, if we deal with them in a professional and civil way, we can all make more informed and educated decisions.

[Bucks4Buckeyes]

TIGERPAC, your post seems to have insinuations purposely worded, IMO, in an attempt to incite fear and create panic. I wonder why someone would do that?

We don't have insider information here. I would suggest if your questions are truly sincere, you should email IR @ VLCO.

There are a multitude of logical, POSSIBLE answers to your questions, here is just a couple:

1. a) Still more PR's to come b) Create future interest in ongoing project, thus a bigger potential market c) Get people talking, thus helping create awareness
The entertainment business is all about hype - whether it is movies, TV, music or sports. It takes a lot of interviews, PR's, etc. to hype up the film/tour/game/show so people will want to participate.

2. It is very difficult to determine total sales over 50 years, especially when including digitalized music. Do you have any validation that The Platters HAVE NOT sold that many copies world-wide over the last 50 years?
http://sundaytimes.lk/091004/Plus/plus_20.html

Today, Powell holds the record as the longest serving member of the Platters. Almost 40 years! The other members of the foursome - Don Goude, Kenni Jay and Genevieve Dew - are relatively new.
A total of 16 Grammys and 120 million album sales are not a heritage to be looked down on. But the Platters, as you see them today, don't show any change whatsoever!

3. It may even take a lawsuit to get royalties back, and it may only take a letter from a lawyer to get the ball rolling. You are only speculating.

So, this poster calls Vince and VLCO misleading?...

tigerpac

Tuesday, August 16, 2011 9:28:13 PM
Re: None
Post # of 8690
re: Bad Debt Expense listed in 10-Q ?

New member here..

I have a serious question that no one has brought up. I would love a serious answer.

OR

tigerpac
Tuesday, August 16, 2011 11:15:02 PM
Re: A deleted message
Post # of 8690

I've read this board for the past few months so I know what info has been glossed over. I'm not sure why no one talks about the obvious problems other than peer pressure from the rest of the board memebers.

[Bucks4Buckeyes]

Please explain how...

It appears that Valcom is using some of the $600K from Tri-Partners to assist in funding the collection process of royalties due ValCom from ASCAP and BMI .

Since the 10-Q states:

In a financing agreement by and among the Company and Platters, and Tri-Partners, LLC, a New Jersey limited liability company, Tri-Partners agreed to provide a $600,000 loan to Platters to fund the facilitation of the transfer of the audio library to digital media along with other related uses, provided that the Company guarantees repayment of the loan proceeds. The loan bears interest of 0.46% per annum and is due on or before June 19, 2013. The loan amounts are to be provided in three $200,000 tranches; the first tranche occurring upon signature of the agreement with the second tranche to be provided September 11, 2011, and the final on January 1, 2012.

I don't know what I missed there, please clarify how the Tri-Partners money is NOT going to fund the digitizing of the most valuable commodity that VLCO owns in order to make it instantly available for revenues?

TIA