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last A/S was 500 million in 1997, companies directors sued for securities fraud . class action brought against same? sometime after? settlement offer approved in 2000. possible additional class action? settled in 2005?. info is scarce on this one so far. info i posted seems accurate as far as it goes but may be incomplete. non-filing as far as i can see, pinksheets has no info on the company, no news for the last 4 to 6 months that i have found. should i keep digging? does anyone care? FWIW!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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VideoLan Technologies, Inc. (Pink Sheets: VLNT - http://finance.yahoo.com/q?s=VLNT.PK ) VideoLan Technologies, Inc. is currently trading at $0.0025 up 2200% on 91 trades. VideoLan Technologies, Inc. does not have significant operations. Previously, the company, a development stage enterprise, was engaged in the development of transport, and switch and communications products that utilize its technology to transmit and receive video, voice, and data signals over two pairs of unshielded twisted pair copper wire. Its initial product was a video, voice, and data communications network solution for the desktop personal computer.
Got some Apple connection, still digging up some dirt. Nothing better to do on a Friday!
-------------------- "Man who excels at putting worm on hook is Master Baiter" Posts: 678 | From: Boise, Idaho | Registered: Nov 2005
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VideoLan Technologies, Inc. is a premier developer of video conferencing and video broadcast solutions based upon its Metallic Fiber transmission and broadband switching technology. VideoLan's technology enables broadcast-quality transport of high speed, bi-directional, real-time voice, data, and video over existing twisted pair copper wire infrastructures. VideoLan's products are marketed in both the desktop video market and the emerging and rapidly developing video distribution market. VideoLan is based in Louisville, KY and can be reached at (502)895-4858 or by fax at (502)895-1680.
-------------------- "Man who excels at putting worm on hook is Master Baiter" Posts: 678 | From: Boise, Idaho | Registered: Nov 2005
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it`s been almost 10 YEARS since the last PR. the class action suit brought by SAMSUNG in 99/2000 probably put them out of buisness. VERY RISKY PLAY!! these "ghost" runs happen once in a while, usualy drop back to nothing in a day or two! DO NOT RISK MORE THAN YOU CAN AFFORD TO LOSE!! jmo!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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yea, i didn't get in when i was planning on. Don't think i will. Too risky. I'm happy with GMSC, thats my big pick for 2007.
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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quote:Originally posted by Lockman: gmsc is there a thread for that? Why not start one, The chart is shaping up nicely.
there is one started, about 2/3rds down on page 1, currently up 25 percent on 61 mil volume.
Posts: 2503 | From: connecticut | Registered: Mar 2005
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Investors are advised that Pink Sheets has not been able to contact this issuer. Please refer to the Company Notes below for company status and other important information, including the Last Known Address, where available.
-------------------- "Man who excels at putting worm on hook is Master Baiter" Posts: 678 | From: Boise, Idaho | Registered: Nov 2005
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Read the 8-k from January 1997, there are provisions for the shareholders in the event of a takeover that expire on Feb 8.
Maybe something is up.
""The plan provides our Board of Directors flexibility in dealing with any takeover action that might occur," said Shirman. "It would not impede any transaction that the Board feels is in the best interests of VideoLan and its shareholders. On the other hand, the dilutive consequences of triggering the rights should be a deterrent to actions that are not in the best interests of VideoLan and its shareholders."
The issuance of rights has no financial effect on VideoLan, is not dilutive to shareholders, is not taxable to the Company or its shareholders, and will not change the way in which VideoLan common shares are traded. Rights are not exercisable until the distribution date and will expire at the close of business on February 8, 2007, unless earlier redeemed by the Company.
-------------------- "Man who excels at putting worm on hook is Master Baiter" Posts: 678 | From: Boise, Idaho | Registered: Nov 2005
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Yep, got in last week at .0008, sold half my position at .003 for a nice profit and still holding a lot of free shares.
Posts: 28 | From: Detroit, MI | Registered: Aug 2005
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this is getting weird. feeling like a wild west standoff. crazy rumours abound. they ain't getting mine though.
Posts: 13 | Registered: Feb 2007
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