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VCTY Videolocity International Inc (CE)

0.000001
0.00 (0.00%)
18 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Videolocity International Inc (CE) USOTC:VCTY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 00:00:00

Videolocity International Inc. (VCTY)'s Tactician University Conducts Business Operations Seminar

26/10/2010 7:55pm

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Videolocity (CE) (USOTC:VCTY)
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Videolocity International, Inc. (PINK SHEETS: VCTY) (http://www.videointernationalcorp.com) subsidiary Tactician University conducted a seminar in Beijing that featured workshops on various aspects of business operations in state-owned enterprises.

The motivation behind the seminar was to help Chinese enterprises deepen the reform of state-owned enterprises (SOEs), establish a modern enterprise system, and create a standard corporate governance structure that can be transferred across industries and market tiers. Seminar topics included instituting a stock-holding system in SOEs, the establishment of the modem enterprise system, corporate governance, corporate reshuffling, and initial public offerings (IPOs). Lectures and workshops established a theoretical framework for the examined issues, and explored practical solutions to scenarios that illustrated how each issue plays out in business.

The 7-day seminar hosted approximately 150 leaders and experts from ministries and commissions in Beijing, at a low cost of RMB 5,000 ($750 USD) per attendee.

In other company news the company is preparing its 3rd quarter financials. These numbers will not include the revenues of the India construction company as the India merger took place after the 3rd quarter cut off. The true picture of the VCTY potential will be seen in our 4th quarter and year-end financials. A legal opinion and an updated adequate disclosure is also being finalized. The company expects to release both documents simultaneously.

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Mina Mar Marketing Group, MMMG (www.minamargroup.net) offers publicly traded companies a full array of services, such as Investor Relations and maintenance investor awareness.

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Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of Videolocity International Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Videolocity International Inc. cautions you that any forward-looking information provided by or on behalf Videolocity International Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Videolocity International Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Videolocity International Inc.'s control. In addition to those discussed in Videolocity International Inc.'s press releases, public filings, and statements by Videolocity International Inc.'s management, including, but not limited to, Videolocity International Inc.'s estimate of the sufficiency of its existing capital resources, Videolocity International Inc.'s ability to raise additional capital to fund future operations, Videolocity International Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Videolocity International Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Videolocity International Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

Contacts: Investor Relations: 1-647-426-1640 www.minamargroup.net/helpdesk Investor Relations Department Inquiry www.minamargroup.net (IR) For (M&A) and Corporate Matters www.minamargroup.com Videolocity International Inc.: corporate@videointernationalcorp.com

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