Videolocity International, Inc. ( VCTY )

[mickymoose99]

.Videolocity (VCTY) Identifies Buyer of Its ASCC Subsidiary Valued at $ 4.8 Million USD
.
Companies:VIDEOLOCITY INTL INC.Related Quotes
Symbol Price Change
VCTY.PK 0.00 +0.00


{"s" : "vcty.pk","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""} Press Release Source: Videolocity International, Inc. On Monday January 3, 2011, 3:55 pm EST
HENDERSON, NEVADA--(Marketwire - 01/03/11) - Videolocity International, Inc. (PINK SHEETS:VCTY - News) (Videolocity International, Inc.) names the purchaser of its subsidiary Avtar Singh Construction (ASCC). The buyer Evader, Inc. (EVDR) will pledge about 800 million shares as security in escrow in a complex transaction that will allow EVDR to securitize certain financing and debt to secure control of VCTY's subsidiary ASCC. Avtar Singh Construction Videolocity International, Inc. is one of the major developers in Chandigarh, India, with strong ties to the local community and municipal governments. ASCC owns a total of three different companies which run into various fields, namely roads and highways, real estate and leasing/financing, and offers revenues in the range of $5 million USD. ASCC has executed various projects of national importance in India, including construction of national highways.

"VCTY management acquired ASCC in October 2010 for a fraction of the sale price. ASCC was always a short hold for VCTY as it never fit the VCTY's vision or profile. Now that we finally earned the current rank status with OTC Markets we are looking to focus on the core operations of our business and grow our business more organically or at least with a merger of other China based companies in our industry space. The ASCC purchase was a one off and it proved to be a great boom for VCTY," said Mr Zhou Aixian Chairman of VCTY.

Right now VCTY is working out the logistics of the transfer of ASCC to its new owners and all the escrow accounts are being set up including coordination with both companies transfer agents.

Final definitive announcement will be made shortly by VCTY

[mickymoose99]

.Videolocity International, Inc. (VCTY) Targeted Hydro Company

Share
retweet
EmailPrint..Companies:VIDEOLOCITY INTL INC.Related Quotes
Symbol Price Change
VCTY.PK 0.0027 -0.0003


{"s" : "vcty.pk","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""} Press Release Source: Videolocity International, Inc. On Tuesday January 4, 2011, 3:08 pm EST
HENDERSON, NEVADA--(Marketwire - 01/04/11) - Videolocity International, Inc. (PINK SHEETS:VCTY - News)(Videolocity International, Inc.) identifies the name of the Chinese hydro company as the targeted merger candidate. Company Director Zhou Aixian Chairman said "For months our followers have been demanding the name and details of the Hydro merger candidate and our critics have made some inappropriate remarks regarding the existence of the Hydro company. We do not respond in public to every critic which may have its own agenda, in this case however because we continue to pursue this and other China deals of equal or greater statue we are releasing the name as requested by our North American merger consultants.

The merger candidate, Hubei Xinzheng Hydroelectric Development Limited, was founded in 2003, has a total of 25 staff members, and currently has 60 million RMB Yuan registered capital and 50 million RMB Yuan real capital. See China government link cdm.ccchina.gov.cn/WebSite/CDM/UpFile/File2310.pdf.

Currently, hydroelectric developments and operations are the major business of the company. The Chinese government attaches great importance on, encourages, and provides incentives to, the hydroelectric industry. The principle of the government's hydroelectric development is optimizing hydroelectric power. Developing hydroelectric power, which is a clean energy, will help the underdeveloped areas of China develop their economy and effectively sustain a more ecologically-friendly environment. It is closely related to the sustainable development of the economy and society as well as the long-term benefit of the future generations.

Hubei Xinzheng Hydroelectric Development is a massive project and our corporate consultants have proposed various complex and sophisticated mechanisms to secure the merger and anchor us to this asset. VCTY intends to finalize the sale of ASCC thus be better equipped with bargaining power, and other resources to make a further move; however, nothing is being ruled out just yet.

VCTY looks forward to keeping the investor public updated on a timely basis

[queenieroberts]

Get great tips from professional stock analysts and be sure to have a newsletter with adequate information.

Premium Stock Picks

[ddblock808]

Press Release Source: Videolocity International, Inc. On Friday January 28, 2011, 3:45 pm EST
HENDERSON, NEVADA--(Marketwire - 01/28/11) - Videolocity International, Inc. (PINK SHEETS:VCTY - News) (Videolocity International, Inc.) announces the company sale of Avtar Singh Construction (ASCC) subsidiary to Evader Inc. is in place, and the transaction plans to close within next 10 days, once all parties involved (VCTY, EVDR, ASCC) finalize the logistics of this sale.

The company secretary Marc Pintar commented, "The ASCC was always a short term hold for us. We made that perfectly clear right from the start. However, this created an uphill battle for us to satisfy our shareholders and that's why we need to move on. The sale of TCU (????) is off as we consider embracing this subsidiary and its proven business model, and even complementing it by some additional viable ventures. Our corporate game plan is to enhance VCTY and to do things that will reflect value in VCTY and our shareholders positions as well."

The sale will complete on all stock basis and could yield VCTY several million dollars in profits.

The company will update its followers on all developments on a timely basis.

[mickymoose99]

.Videolocity International (VCTY) Addresses Shezhen Hualite Leaders
.
Companies:VIDEOLOCITY INTL INC.Related Quotes
Symbol Price Change
VCTY.PK 0.00 0.00


{"s" : "vcty.pk","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""} Press Release Source: Videolocity International, Inc. On Wednesday February 2, 2011, 3:45 pm EST
HENDERSON, NEVADA--(Marketwire - 02/02/11) - Videolocity International, Inc. (PINK SHEETS:VCTY - News) (Videolocity International, Inc.) has announced that its subsidiary Tactician University has been entrusted to conduct a training course for the senior leadership of Chinese company Shenzhen Hualite Electric Co., Ltd.

Tactician will hold a five-day customized course to help Shenzhen Hualite's management develop and improve their team-building skills. It will also guide the company's leaders through a number of other helpful training activities. Shenzhen Hualite is based in Shenzhen City and manufactures electronic instruments and controls. Tactician has seen very positive results from similar training courses that it has conducted for the senior management of other companies.

VCTY has just closed the sale of its subsidiary Avatar Singh Construction Company (ASCC), which will allow it to focus more of its attention and resources on Tactician University. Tactician is a progressive management education and leadership training center and think tank that tackles prevalent issues in the Chinese economy and its society, and trains 21st century Chinese leaders. It has a proven business model and VCTY is considering complementing it with additional viable ventures.

The sale of ASCC should enhance the value of VCTY and improve its shareholders' positions in the company as it grows more organically within its industry niche.

More updates to follow shortly

[ddblock808]

Tactician's (VCTY) SME Consulting Services Recognized by the City of Shenzhen

Press Release Source: Videolocity International, Inc. On Wednesday February 16, 2011, 3:55 pm EST
HENDERSON, NEVADA--(Marketwire - 02/16/11) - Videolocity International, Inc. (PINK SHEETS:VCTY - News) (Videolocity International, Inc.) subsidiary Tactician University has had its management training and consulting business for small and medium enterprises (SMEs) officially recognized for its outstanding achievement by the city of Shenzhen.

Tactician has been honoured for its major contributions in the training and certifying of SMEs' management in Shenzhen. There are approximately 500 management consulting agencies in China, and Tactician Management Consulting Co., Ltd. was one of just 10 to pass an investigation and strict evaluation by experts and received this recognition in Shenzhen. Following this recognition, the local government will now offer it preferential policies to help further TCU work in Shenzhen.

Tactician should benefit by this new status since Shenzhen has been one of the fastest growing cities in the world since becoming China's first "Special Economic Zone" in 1979. It's southern China's major financial centre and home to the Shenzhen Stock Exchange and the headquarters of numerous high-tech companies. Shenzhen is also the third busiest container port in China, ranking only after Shanghai and nearby Hong Kong.

Tactician University is a progressive management education and leadership training center and think tank that tackles prevalent issues in the Chinese economy and its society, and trains 21st century Chinese leaders. It has a proven business model and VCTY is considering complementing it with additional viable ventures.

[ddblock808]

Tactician University (VCTY) Chinese Conglomerate Co Operation

Press Release Source: Videolocity International, Inc. On Friday February 18, 2011, 3:45 pm EST
HENDERSON, NEVADA--(Marketwire - 02/18/11) - Videolocity International, Inc. (PINK SHEETS:VCTY - News) (Videolocity International, Inc.) subsidiary Tactician University has announced that Shenzhen Boneng Gas Co., Ltd. will strengthen its co-operation with the company because it's been so pleased with the training its staff has received from Tactician instructors over the past two years.

Tactician's forward-looking leadership attaches great importance to building and sustaining an entrepreneurial culture within businesses and took the lead in introducing and establishing the "Learning Organization" ideology within Shenzhen Boneng Gas Co., Ltd., a leading Chinese conglomerate involved with the gas, real estate development, construction and installation, hotel and entertainment, advertising and printing industries. TCU was invited to implement staff training at Shenzhen Boneng Gas in 2008.

After two years of training, initially sceptical Shenzhen Boneng Gas employees today welcome TCU training and consider it to be a valuable benefit offered by the company. The corporation's board of directors fully acknowledges that Tactician training has reduced its rates of both customer complaints and workplace accidents, and it looks forward to working even more closely with Tactician in the future.

Tactician University is a progressive management education and leadership training center and think tank that tackles prevalent issues in the Chinese economy and its society, and trains 21st century Chinese leaders. It has a proven business model and VCTY is considering complementing it with additional viable ventures.

[ddblock808]

Videolocity International (VCTY) Agreement with Zhengzhou Xinzheng International Airport

Press Release Source: Videolocity International, Inc. On Tuesday March 1, 2011, 3:45 pm EST
HENDERSON, NEVADA--(Marketwire - 03/01/11) - Videolocity International, Inc. (PINK SHEETS:VCTY - News) (Videolocity International, Inc.) announced that sole subsidiary Tactician University has entered a long-term management consultancy agreement with Zhengzhou Xinzheng International Airport (IATA: CGO, ICAO: ZHCC).

Airport administrators held in-depth meetings with Tactician's leaders before inviting Tactician to provide them with long-term investment, financial, management and administration advisory services. These services include creating strategies to maintain long-term sustainable development, consulting with management on the airport's business operations and investment projects, and designing a plan to measure management efficiency.

This agreement will provide the airport with new ideas and strategies that it can incorporate into its daily operations. It will also provide a solid foundation for co-operation with the Civil Aviation Administration of China, the establishment of a technical training centre and further synchronicity between Tactician and the airport.

Zhengzhou Xinzheng International Airport is the principal airport of Zhengzhou, which is located in the Chinese province of Henan. It handles domestic and regional flights to most major cities in China, charter flights for tourists visiting Thailand and international cargo flights to the Middle East and North Africa.

Tactician University is a progressive management education, leadership training and think tank venture that tackles prevalent issues in the Chinese economy and society. It continues to grow, offer insights and positively influence China's decision-makers. Tactician has a proven business model and VCTY is considering complementing it with additional viable ventures.

[ddblock808]

Videolocity International (VCTY) Approved Development Zone China

Press Release Source: Videolocity International, Inc. On Wednesday March 2, 2011, 3:45 pm EST
HENDERSON, NEVADA--(Marketwire - 03/02/11) - Videolocity International, Inc. (PINK SHEETS:VCTY - News)(www.videointernationalcorp.com); has announced that sole subsidiary Tactician University will take part in constructing a new town named Beihai as part of the northeastern Chinese city of Yingkou.

The port city on the Bohai Sea is part of the Liaoning Economic Area and will build a new 50-square-kilometer, 500,000-person administration area named Beihai. Tactician University will participate in planning and constructing Beihai in conjunction with local authorities. Tactician's sterling reputation, based on its past performance and influence, prompted the Yingkou government to establish a partnership with the institution.

Yingkou is one of the main centers for China's textile industry and has many development advantages and huge future potential. The development of Beihai will be of great significance not only to Yingkou but to the "Five Points, One Line" development strategy for the entire Liaoning Economic Area.