The Emperor Has No Clothes....
Valcom or Bucks4Buckeyes
My post was quite clear. Your response was confusing.
1. You want the company to issue more PR hype because the are in the entertainment business? One thing for sure,their PR is entertaining but facts are another story.
2. re: Platters --- The company worded the PR ... the LAST Platters anniversary ALBUM sold 70 million copies worldwide....you responded about how sales the Platters had over their 50 year career.
3. Yes I am calling Vince and Valcom's press releases and even the 10-Q misleading. Why are people on this board pretending not to see this stuff? Some of the information in that 10-Q has appeared in the last couple 10-Q's and people are posting those excerpts as if they are brand new...i.e. Michael Legrand concert revnue to bring in millions over the next five years. The revenue now from that concert is non-existent. Check out Notes payable to see how payables are growing every quarter.
4. Here's another point you guys overlooked...Real Estate Auctions....Vince put out several PR's and made the point in the 10-Q's that Valcom FINALLY figured out how to run these things and make money. It took them several partners but they touted their success back in Jan 2011 ...41 out 46 house old.
Yesterday's 10-Q now states that all Real Estate auctions have been put on HOLD. That's it, no further explanation. No PR? Another failed Valcom venture.
I'm very serious here. Not here to incite fear or create panic. The board has talked a lot about Valcom and their possibilities but very little about the actual details of the company's operations.
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