Valcom, Inc. (PINK:VLCO) seems to be making all the right moves. The company is focused on the entertainment industry in the U.S., with many different divisions. Its Broadcasting division operates My Family TV, they have a library of approximately 1,000 films, 200 TV series, and 500 individual TV one off specials and documentary programs.
ValCom’s balance sheet has improved by leaps and bounds over the past 4 quarters from a shareholder equity deficit of 2,591 (all numbers in thousands), to an impressive shareholder equity of 21,710. (As reported in their last quarterly financial report).
The investing community seems to agree that ValCom may be headed on the right track as well. In April, ValCom’s stock price was hovering around the $0.01 and under range, and despite closing down 26.12% today, ValCom is still up around 400% to date, having a closing price of $0.043 today.
It’s odd that despite ValCom’s very impressive 2Q results, the stock appears to be falling a bit, but adds credence to the fact that these types of stocks are still extremely volatile. Investors can see impressive gains trading companies like ValCom, like they have in the past 5 months, but at the end of the day, the numbers always speak for themselves. ValCom certainly has the kind of short term growth perspective investors like to see, let’s hope they can continue this growth pattern well into the future
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