Tactician University (VCTY) Regional Economic Development
01 February 2011 - 3:49AM
Marketwired
Videolocity International, Inc.'s (PINK SHEETS: VCTY)
(www.videointernationalcorp.com) Tactician University has organized
a seminar with the Chinese Academy of Social Sciences Urban
Development and Environmental Research Institute to promote
regional economic development in China.
Tactician University President Sun Ming Gao gave an optimistic
keynote speech on accelerating economic development that received a
lengthy round of applause. The rest of the seminar was used to
transform people's understanding of related issues through
interaction among those who attended and by extensive discussions
that promoted a healthy exchange of ideas.
Those in attendance discussed closing regional gaps in economic
development and improving policies and coordination among regions
to expand and speed up domestic demand. Other topics of the seminar
included urbanization and urban agglomeration, reform testing and
regional innovation, ecology and culture were among the topics
discussed.
In other company news, VCTY having closed its sale of Avatar
Singh will update its Adequate Disclosure as soon as Q1 is
complete. The proceeds of the sale will be reflected in the VCTY
financials as well. VCTY management explored the idea of a stock
distribution to its shareholder base; however the VCTY management
is advised that past distributions of non-related transactions
(non-reporting to non-reporting issuer) were unsuccessful to enter
the retail beneficiaries in streets name. The company is exploring
other alternatives, such as direct distribution through the
transfer agent and or other options available to the company.
Details on this and other regular daily business matters will be
made by the company frequently and on a timely basis.
About Tactician
Tactician University is a progressive Chinese management
education and consulting firm. Tactician's business management
consulting programs focus on financial management, project
management, and human resources, while government management
programs provide administrative training to Chinese government
officers. The University also offers career guidance, job-training,
ethics, foreign language, pre-masters and PhD prep training to
college students.
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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