August 13, 2007
Prospector
Profile
07.1187
 
Valcom, Inc. NAICS 512110
41 North Mojave Road Las Vegas, NV 89101 Description Video Production
(702) 385-9000 Employees 14
http://www.valcom.com/ Revenue (mil) 3.4020
  Income (mil) -4.5310
  Assets (mil) 2.9060
  Liability (mil) 3.6950
  (for the year ended 2007-09-30)
 
Category: Loss/Deficit
 
Event: Park Lee expressed doubts on the ability of Valcom, Inc. to continue as a going concern after auditing its financial statements. The auditor notes that the Company has a net loss of $4,531,476 and a negative cash flow from operations of $2,719,429 for the year ended September 30, 2006, and an accumulated deficit of $14,876,826 at September 30, 2006.
 
Intellectual Property: The Company's trademarks include Satellite Bingo, Hangin with the Boyz, Who Can You Trust, Fugedabowdit, Ultimate Driver and Final Round - Fight Film. [SEC Filing 10-KSB 07-31-07]
 
Description: The Company operates as a diversified entertainment company in the United States. It is involved in the rental of studios for television production for network and syndication programming, and motion pictures.
 
Officers: Vince Vellardita (Chair, Pres. & CEO); Sandra Markham (Sec. & Treas.); Richard Shintaku (Dir.); Bonnie Nelson (Dir.)
 
Auditor: Park Lee, Certified Public Accountants
 
Securities: Common stock symbol VACM.OB; OTC BB; 4,914,365 common shares outstanding as of January 12, 2007.
 
 
 
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