Posted by: skunksyard In reply to: None Date:8/21/2005 4:15:48 PM Post #of 156253
re: Valcom (VACM)
FUTURE OUTLOOK
The Company has entered into a joint venture agreement with O. Atlas Enterprises to produce an animation movie and an animation TV series called "New Zoo Revue" based on an American Classic of the same name, which was highly successful. BCI/Navarre has purchased an exclusive agreement to distribute 195 existing shows of New Zoo Revue for the retail market. We anticipate the New Zoo Revue to be available to consumers through 4,000 Wal- Mart retail outlets by August 31, 2004. The Company has already incurred start-up costs, which have been reflected in the financial statements for the six months ended March 31, 2004.
The Company has entered into agreement with Q Television Network, Palm Springs, CA on April 1, 2005. The Company has granted Q Television Network a License to use 142 films and television shows for a period of seven years. Q Television Network issued 50,000,000 shares of the Company valued at $150,000 as advance.