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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 (VCTY) Approved Development Zone China

02/03/2011 8:45pm

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Videolocity International, Inc. (PINK SHEETS: VCTY)(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.

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: Videolocity International Inc. corporate@videointernationalcorp.com 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

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