-ValCom- Fluch oder Segen?.. Aktie mit Potential !
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Die Angelegenheit ist sehr einfach die Investoren schauen halt nicht mehr zu wie Vince versucht die Aktionäre abzuzocken. Ein Board das im gleichen Boot sitzt ist immer gut :-)
Zu Sellcompi: Mit neutraler Analyse der Meldung hat Dein Beitrag nichts zu tun. Um wieviel Uhr ist denn gestern Dein Verkauf gelaufen (muss ja zwischen 17Uhr und 20:58Uhr gewesen sein). Danke aber, dass Du uns alle vor diesem "dramatischen" Verlauf warnst.
Ich hatte ja mal vor einigen Wochen die Frage in den Raum gestellt, ob es tatsächlich nur 178mio Aktien sind, die ausgegeben sind. Optional sind ja noch 500(?)mio weitere Aktien möglich auszugeben. Ich denke, dass Valcom weiss, wie viele stimmberechtigte Aktien im Umlauf sind, allerdings wird durch diese Verschiebung schön indirekt das bisherige Vorgehen von VV in Frage gestellt. Klar, Solomed hätte Aktien bekommen, aber in wie weit das Geschäft nun fortgeschritten war, lässt sich tatsächlich nur durch die nächsten Fillings klären.
Insofern halte ich die "dramatische" Situation um Valcom alles andere als dramatisch, da genau durch diese Vorgegehensweise nun endlich Druck aufgebaut wird, nachträglich die Bilanzen nochmals zu überarbeiten und dann zu veröffentlichen. Sollte hier von Seiten VV Schindluder getrieben worden sein, wird es Zeit, dass die Verantwortlichen auch zur Verantwortung gezogen werden, sollte es nicht so sein, werden wir hier einen kräftigen Kurssprung sehen. Ich glaube si0645 hat es vorhin geschrieben (kann auf meinen Blackberry leider nicht scrollen, während ich hier tippe), dass sämtliche Mutmaßungen (Verwässerung,etc.) hier schon im momentanen Kurs eingepreist sind. Der Unternehmenswert liegt derzeit bei ca. 4mio EUR (bei 178mio shares). Dafür haben wir eine Bibliothek und einen eigenen TV-Sender... Wo also liegt das Problem, wenn die Mannings nun aufräumen wollen, die Vermarktung der Bibliothek herantreiben wollen, etc. etc. Ich sehe hier eigentlich nur positive Signale.
dann kommt wieder ein run.
...und dann sehen wir uns wieder!
NEW YORK, April 12, 2012 /PRNewswire/ -- ValCom, Inc. (Pink Sheets:VLCO) has announced the April 12, 2012 special meeting of the shareholders has been adjourned. The Notice of Adjournment is appended below.
Tim Harrington, Chief Executive Officer of ValCom, Inc., and Patrick C. Willemsen, President and Chairman of the Board, pursuant to Article I Section 3 of the Company Bylaws, hereby adjourn the April 12, 2012 meeting of the stockholders until a future date and time to be determined.
The meeting is adjourned for the following reasons, constituting proper purpose, pursuant to Article I Section 3 of the Company Bylaws:
The Special Meeting was called by less than 10% of the holders of outstanding capital stock of the Corporation entitled to vote, as necessary pursuant to Article I Section 2 of Company Bylaws.
Of the fifteen "shareholders" who called the special meeting, only seven appear on the official ValCom Shareholder List, provided by Company's Stock Transfer Agent, Continental Stock and Transfer Company. The seven shareholders who do appear on the list hold only 9,521,754 shares of ValCom stock, not the 12,593,950 that they claim to own, and significantly less than the 10% threshold amount required to call a special shareholder meeting pursuant to Article I Section 2 of Company Bylaws.
Before a shareholder vote can proceed, the Company must audit and determine the total number of outstanding shares of ValCom. Pursuant to the ValCom 10-Q for the period ending June 30, 2011, there were 178 million outstanding voting shares reported. According to the most recent Shareholder List provided by the Company Stock Transfer Agent, there are significantly more outstanding shares, and it is unknown how many of these shares have voting rights and also which shares may have been issued without proper authorization.
According to Article I Section 4 of the Company bylaws, each stockholder entitled to vote at any meeting shall be given written notice of such meeting. Not all shareholders of ValCom were given written notice of this special meeting, and the meeting is therefore in violation of Company Bylaws.
The special shareholder meeting is in violation of 17 C.F.R. subsection 240.14a-6(b), which requires copies of the proxy statement, form of proxy, and all other soliciting materials to be filed with the Securities Exchange Commission. Further, Article I Section 10(j) of the Company Bylaws requires that all proxies comply with Section 14 of the Securities Exchange Act, or the Rules and Regulations promulgated thereunder.
Notice of the rescheduled meeting will be duly given pursuant to the Company Bylaws.
/s/Tim Harrington
... ob wir den Sturm alle voll in die Fre*** kriegen, oder ob er uns auf ungeahnte Höhen tragen wird.
Shareprizemäßig versteht sich.
Gruß von
tnzs
und bleibe ich - mindestens bis 0,10 euro
momentan keine zeit für ding ding
und nicht vergessen gut ding will weile haben
http://www.kpho.com/story/17525151/...willemsen-chairman-of-the-board
We want to explain what was disputed in this litigation and how this dispute has been resolved. We also want to briefly outline where ValCom currently stands, and management's near-term priorities and long-term vision for creating value at ValCom.
Disputed Items in Recent Litigation
Prior to the commencement of the litigation, at the instigation of Tim Harrington, a current board member, an appraisal of ValCom's media library was undertaken beginning in February 2011. The appraisal revealed that the library was comprised of thousands of motion pictures and songs, as well as T.V. shows and episodes, and was an undervalued asset with what we believe is great potential.
On May 11, 2011, at a meeting following the annual meeting of shareholders, a mandate was given by the board of directors to then-CEO Vellardita to (i) monetize ValCom's media library, (ii) begin the process necessary to collect royalties due to ValCom (both past due and future), and (iii) fully document ValCom's rightful claims to the library's contents.
In the months following the May 11, 2011 meetings, a majority of the board of directors of ValCom was of the view that the company was in need of new leadership due to its inability to achieve strong financial results despite ownership of a valuable media library.
As the summer of 2011 progressed, it became apparent to the majority of the board of directors that little or no progress was being made in monetizing ValCom's media library and that other serious problems had arisen with customers and vendors. The majority board was of the view that, despite the board's mandates, Vellardita was not fulfilling his responsibilities as CEO and, in fact, was acting contrary to ValCom's best interests. Concurrently, inaccurate and incomplete press releases were being issued by Vellardita, without the board's knowledge or consent, touting spurious actions by ValCom (including stock buybacks and debt reductions). Despite the board's directive to refrain from such conduct, Vellardita continued ignoring these mandates and his responsibilities as CEO.
In early August 2011, amicable discussions commenced between the majority board and Vellardita about the future governance of ValCom and Vellardita's stepping down from his role as CEO. Suddenly, in late August 2011, without notice or warning, Vellardita caused a purported shareholder action by written consent to be taken, using improperly issued shares to effect such consent, in an attempt to remove Silvana Costa Manning, Tim Harrington, and Mike Vredegoor from, and elect Rahul Rathod and Nalin Rathod to, the ValCom board.
Shortly after Vellardita's attempted August 2011 shareholder action, the majority board of ValCom adopted resolutions to terminate Vellardita as CEO and appoint Patrick Willemsen in his stead.
In August 2011, Silvana Costa Manning and Patrick Willemsen filed a complaint with the Delaware Court of Chancery in an action to clarify that Manning, Harrington, and Vredegoor are directors, and that Rahul Rathod and Nalin Rathod are not directors, since their purported election was based on (i) failures to abide by proper corporate protocols and (ii) improperly issued ValCom securities. Concurrently with the filing of the complaint, Manning filed a motion for an interim order to maintain the status quo with respect to the business and affairs of ValCom pending resolution of the action. The motion for status quo order sought to maintain the ValCom governance structure immediately following the May 11, 2011 shareholder meeting and prior to the purported August 2011 shareholder action.
The Litigation
In September 2011, upon the consent of all parties, the Delaware Court of Chancery entered a Status Quo Order directing that, pending resolution of the matter, the board of directors of ValCom be comprised of Manning, Harrington, Vredegoor, Frank O'Donnell and Vellardita, with Vellardita as CEO.
The Status Quo Order required Vellardita and the board of directors to abide by specific protocols during the Status Quo period. Vellardita failed to abide by such protocols; in fact, he continued to ignore not only directives issued by the board, but also those ordered by the court. Moreover, during discovery, counsel for Vellardita withdrew certain documents that plaintiffs Manning and Willemsen had shown to be fabricated. This, in turn, led to the filing of a Motion for Contempt against Vellardita.
In March 2012 the Court entered an order directing that Vellardita be removed as Chief Executive Officer, President and Chairman of ValCom. The Court order also invalidated the purported election of Nalin Rathod and Rahul Rathod as directors of ValCom, and judgment was entered that the board of directors of the Company be comprised of Willemsen, Manning, Vredegoor, Harrington, O'Donnell, and Vellardita.
Where Things Stand
The new board of directors and management are just now finally able to take inventory of ValCom's assets, records and share capitalization. We are undertaking a thorough process to review:
ValCom's share register and recent transactions involving ValCom securities to determine our capitalization;
loan transactions, including transactions with Solomed Pte Ltd. (an entity affiliated with Nalin Rathod and Rahul Rathod), Greystone Capital and Asher Enterprises;
relationships and obligations to vendors with a view to address legitimate outstanding vendor responsibilities promptly; and
actions and transactions undertaken by Vellardita and his associates prior to his termination as CEO by the Court, including actions taken during the status quo period in violation of the Court's order.
In addition, we are currently interviewing independent accounting firms with a view toward selecting a firm to audit our financial statements and assist with the filing of quarterly and annual reports as soon as possible.
The current management of ValCom is committed to providing shareholders with transparency and regular communications with respect to material items impacting the company. Subject to constraints with respect to confidentiality, we will update shareholders on our findings in connection with the foregoing.
ValCom Priorities in the Short Term
Our new management certainly has a broad range of tasks at hand; however, we are focused on the following priorities in the short term:
We will work to complete the audit of our financial statements as soon as possible, and file all necessary reports with the Securities and Exchange Commission.
We intend to monetize our media library. For example, we recently entered into a contract with Anthony Barlo, CEO of Microhits, to assist in collecting royalties for the media library on a commission basis and to further develop the library through multiple avenues.
We plan to continue to develop the MyFamilyTV Network, which would include broadening program offerings.
We plan to consolidate and organize the ValCom media library, as well as protect our assets in climate controlled, walk-in vaults.
We intend to relocate the ValCom headquarters to New Jersey, where our CEO, Tim Harrington, and director, Silvana Manning, reside.
We hope this letter clarifies some of the issues you may have recently read about. The board of directors and our new management, recognizing the challenges ahead, are committed to rebuilding ValCom into a responsible company dedicated to enhancing shareholder value for all.
Patrick WillemsenChairman of the Board & President
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. For more information, please visit the company's website at www.valcom.tv
Note About Forward-Looking StatementsWith the exception of historical information, this press release may contain forward-looking statements as that are made pursuant to the "safe harbor" provisions as defined within The Private Securities Litigation Reform Act of 1995 (the "PSLRA"). Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. In addition, any other statements which contain characterizations of future events or circumstances are forward-looking statements. These statements are based upon management's current expectations as of the date of this press release. Actual results may differ materially from the expectations contained in this press release due to a number of risks and uncertainties relating to our business which are discussed in ValCom's periodic filings with the Securities and Exchange Commission. ValCom, Inc. does not undertake any responsibility to publicly update any forward-looking statements to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
For More Information, Contact:Silvana Costa Manning T: (973) 588-7084
SOURCE ValCom, Inc.
Quelle: http://ih.advfn.com/p.php?pid=nmona&article=52054714
Alter Schwede, mal richtig verarscht worden. Dazu habe ich mir aber schon letztes Jahr im alten Thread so meine Gedanken gemacht und dafür die eine oder andere Prügel bezogen.
Die Frage ist jetzt nur, wird es kursmäßig erstmal noch schlimmer, bevor es besser wird, oder gleich besser?
Auf jeden Fall hoffe ich, dass es jetzt dabei bleibt und das NEUE Management die Fäden in die Hand nimmt in der Hoffnung, dass das Rumgegurke endlich eine Ende hat und wir bald die Zahlen sehen.
Gruß von
tnzs
Wir können froh sein, wenn die TV-Show mit den Roys kein Märchen ist.
Gruß von
tnzs
endlich kommen die investoren und versuchen endlich das geschäft und die damit verbundene rendite ins rollen zu bringen!
mein segen ham se! hier steckt viel potenzial, was nur noch aus dem dornröschenschlaf geweckt werden muss!
go Valcom, go
Mal schauen, ob sich der Kurs bewegt, ich denke aber, dass die Mehrheit auf die Zahlen warten wird, ob es da noch eine böse Überraschung gibt, oder diese hoffentlich ausbleibt.
Gruß von
tnzs
Der Brief von Willemsen dürfte nun ja für ordentlich Spekulationen sorgen. Beim kurzen drüberfliegen sind mir einige Punkte durch den Kopf geschossen, die man mit Sicherheit mal diskutieren sollte:
Ich habe das Gefühl, dass wir in diesem Moment von den geplanten Aktionen genau da stehen, wo wir bereits im März 2011 standen, bevor VV mit seiner PR-Offensive began. Es wurden diverse Aktionen angekündigt, lt. Willemsen allerdings nie umgesetzt. Allerdings schreibt Willemsen genau von diesen Aktionen, die VV zwar geplant hat, die das neue BOD nun aber versuchen will umzusetzen. Sollte das neue BOD tatsächlich aus den "Machern" bestehen, die sie vorgeben zu sein, dann sehe ich kurzfristig (also in ca. 6 Monaten) wieder die Kurse, die wir um den August/September 2011 hatten - Also ein positives Signal für mein Invest.
Kommen wir zu den Beteiligungen von Solomed Pte Ltd. (Beteiligung von Nalin Rathod and Rahul Rathod), Greystone Capital und Asher Enterprises; Hier wäre es interessant zu erfahren, inwieweit diese Beteiligungen umgesetzt wurden.... Vor allem wenn diese Beteiligungen rückgängig gemacht werden sollten, könnten Schadensersatzforderungen, etc. auf Valcom zukommen. Bin auch mal gespannt, ob man von deren Seite was hören wird.
Buyback-Programm und Dividendenzahlungen aus den Lizenzgebühren... Die beiden Punkte werden wir wohl als "Phantasie" von VV abschreiben können.
Die Bibliothek: Hier scheint nun endlich Bewegung reinzukommen... Also positiv.
Hoffen wir also mal, dass in den letzten Monaten nicht zuviel Pfusch hier betrieben wurde und die letzten Zahlen doch mehr oder weniger die Realität widerspiegeln. Dann sehe ich durchaus positiv in die Zukunft, allerdings werden wir wohl auf die grossen Kurssprünge in nächster Zeit verzichten müssen...
In diesem Sinne an dieser Stelle schon einmal einen schönen Abend!