InvestorsHub Logo
icon url

trademeister

08/17/11 10:15 AM

#8741 RE: tigerpac #8735

Give the company a break...they have just emerged
from bankruptcy...
Doing much better than most pinks.
If you want to nitpick, and are bent on finding
negatives you can do that with any 10-Q.
IMO you are not seeing the forest for the
trees.
icon url

Wingfoot75

08/17/11 10:33 AM

#8751 RE: tigerpac #8735

I just cut and paste this from the 10Q, it was even highlighted as to why.... stop the games man, this is a legit company.

During the quarter ended June 30, 2010, we divested in Sun Investments, Inc., though ValCom will continue its operations as it relates to real estate auctions. In November 2010, the company entered into a 3 year agreement with United Country Auction Services to develop a series of televised real estate auctions. United Country Auctions Services is the nation's largest integrated real estate & auction company. The company has a national network of over 700 offices, 4000 agents nationwide, over $2.5 Billion in annual sales, and is rated #1 Global Real Estate Franchise by Dun & Bradstreet. We anticipate making the auctions more exciting with the offering of financing as well as auctioning off down payments rather than the sales price. These are variants that will make the process more enticing and will create more interaction. At this time, ValCom has put the auctions on hold in order for the Company to focus on the Libr ary and monetizing its assets, but plans on commencing once again by the end of the year.