Posted May 25, 201114 yr I really don't know what to make of this news story. Brian :blink: SOURCE: ValCom, Inc. May 24, 2011 11:05 ET Big Quarterly Profit Seen From ValCom CLEARWATER, FL--(Marketwire - May 24, 2011) - ValCom, Inc. (PINKSHEETS: VLCO) reported a big gain in quarterly earnings when the media and entertainment company disclosed the financial results for the 2nd quarter of its financial year. A key statistic in the 2nd quarter 2011 financial data is the company's total assets which grew over 200% from September 2010 to over $24 million. The increase is primarily due to the company's audio and film library and growth within its My Family TV television network (www.myfamilytv.tv). "ValCom is starting to heat up!" stated Vince Vellardita, President and CEO of ValCom. "Our financial results are starting to show what our shareholders have waited for. This company has been dramatically undervalued as we continue to execute our business plan to increase shareholder value." The 2nd quarter financial results showed a $.33 earnings per share, meaning that ValCom's earnings per share are 15-times where the stock is currently trading. ValCom expects a great surge in revenues from its content library. The company has over 6,000 video and audio titles in the library. In 1st quarter 2011, an appraisal was conducted by DOS Broadcast and Appraisal Services to determine an accurate value of the content owned by the company. DOS has estimated that the value of the library exceeds $128 million. The library contains rare and unique video and audio content including 13 master recordings of Elvis Presley with The Platters; masters from Ike & Tina Turner before they were stars; and a very rare 3 Stooges film. The library also contains films starring the top names in Hollywood like Denzel Washington, Anthony Hopkins, Robert DiNiro, Jodi Foster, Russell Crowe and Mel Gibson. In addition to utilizing the content to leverage the growth of My Family TV, the content can be licensed via various distribution channels including broadcast stations, cable networks, video on demand, and internet streaming. There is major revenue potential due to the overall expansion of new media and the growth of the international marketplace. For example, Netflix recently did a 5 year license of New Line Cinema's library of 250 titles for $750 million. ValCom has started the process of licensing the content in the syndication marketplace and has already lined up buyers. Additional information pertaining to ValCom's quarterly results can be found in the company's 10-Q filing. About ValCom, Inc. Based in Clearwater, FL, ValCom, Inc. is a diversified, fully integrated, independent entertainment company that has been in operation since 1983. ValCom, Inc., through its operating divisions and subsidiaries, creates and operates full service facilities that accommodate film, television and commercial productions with its four divisions comprised of television and film production, broadcasting (My Family TV Network), distribution, and live theatre. ValCom's client list consists of all of the majors such as MGM, Paramount Pictures, Warner Bros, Disney, CBS, Sony, NBC, Phantom of the Opera, HSN, and more. For more information, please visit the company's website at http://www.valcom.tv/
May 25, 201114 yr Mmmmm interesting, i think i am with you on this one Brian, a bit of a puzzle. :blink:
May 27, 201114 yr Author The Saga continues............. Brian At a recent shareholders’ meeting of ValCom, Inc, it was stated that the company’s extensive audio and video library contains “13 master recordings of Elvis Presley with The Platters.” The presentation was given by representatives from DOS Broadcast and Appraisal Services, who have independently appraised ValCom’s libraries. So, what are the 13 songs? The audio library document prepared by DOS Broadcast and Appraisal Services cites that the following titles feature: “The Platters with Elvis Presley”: 01. Little Things Mean A Lot 02. Love Me Tender 03. Volare 04. The Twist 05. Don’t Be Cruel 06. Anniversary 07. The Great Pretender 08. Tammy 09. Song From Moulin Rouge 10. Rock Around The Clock 11. Exodus 12. Mack The Knife 13. Theme From Summer Place. In each case the source is listed as Buck Ram Studio and the “Type Record” is listed as “Studio Tape.” Buck Ram was The Platters’ mentor and principal songwriter, responsible for titles such as “The Great Pretender” and “Only You.” Keen eyed readers might notice that the first 10 tracks in the list are the same titles as included on The Platters’ mid-’60s album “The 10th Anniversary Album.” Does this mean that Elvis appeared on that album? Senior appraiser from DOS Broadcast and Appraisal Services, Dale O. Smith, told Classic Pop Icons: “DOS has reviewed the Tapes in possession of ValCom and can confirm from both Physical Evidence such as the engineers name and notes that what was represented in the appraisal is in fact true. Elvis was an unnamed background singer on the 10th Anniversary Album. There is also quite a bit of anecdotal and verbal historical evidence from those involved that has been a well-kept secret for almost 35 years. I can also now tell you that the tape was listened to this week and when the tracks were separated it was very clearly Elvis’ voice as a background vocal". Elvis’ career has been scrutinised so closely that many will find it difficult to believe that this could have been missed for so long, but the appraisal has certainly been made in good faith. We do know that Elvis was an admirer of vocal groups in general and The Platters specifically, even including their hit “Only You” in his early stage repertoire. Could it be that Elvis joined in the session but chose not to be credited at the time in order to avoid contractual issues with the record companies? The “10th Anniversary Album” is quite an obscure title and long out of print. You can bet that the songs will be heard again if Elvis is indeed on the recordings? Source: Classic Pop Icons -------------------------------------------------------------------------------------------------------------------------------
June 7, 201114 yr It certainly is a bit of a puzzle :blink: Have you heard any more on the subject, Brian?
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