ValCom, Inc. Set to Begin Monthly Real Estate Auction Series on Saturday, August 7, 2010.
(firmenpresse) -
ValCom, Inc. Set to Begin Monthly Real Estate Auction Series on Saturday, August 7, 2010.
CLEARWATER, FL--(Marketwire - 08/1/10) - ValCom, Inc. (OTC.BB: VLCO - News) and its MyFamily TV broadcast network subsidiary announced today that they will be partnering with DSN, a leading shopping channel to produce a televised real estate auction in a four-hour live auction show, “My Family Real Estate Auction”. it will be holding the first of its monthly real estate auctions on August 7, 2010.
The auction will run from 7pm-11pm PST (10pm-2am EST). The auction will be a one day event that will be simulcast on The Direct Shopping Network, which is seen on DirecTV Channel 224 and Dish Network Channel 221; Resorts and residences TV, which is seen on DirecTV Channel 354 and Comcast, Cox, San Diego Channel 43, Los Angeles Channel 45; and ValCom’s own network My Family TV – www.myfamilytv.tv
which distributes programming to over 90 television stations. The three networks have a combined reach of over 70 million potential homes.
The show will feature 77 homes from cities all over the country with a significant number located in Missouri, Ohio, Pennsylvania, Florida, California, Texas and Tennessee. Bidding on all of the homes will start as low as $5000. The auctions provide an opportunity for investors and average Americans to obtain a home for pennies on the dollar.
“We’re on the verge of rapid expansion of ValCom’s Real Estate division,” said Vince Vellardita, President and CEO of ValCom. “We’ll be scheduling real estate auctions for the rest of the year. This will add millions of dollars of gross revenues to the company’s books before the end of December.”
ValCom anticipates the August 7th auction to gross $500,000 to $1 million. The company plans to hold two real estate auctions each month for the foreseeable future.
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 studio and rental, television and film, television broadcasting, and live theatre. ValCom's client list consists of all of the majors such as MGM, Paramount Pictures, Warner Bros, Disney, CBS, Sony, NBC, Phantom of the Opera, HSN, and more. For more information, please visit the company's website at http://www.valcom.tv/.
About Direct Shopping Network
Direct Shopping Network (DSN) has served as a premier direct response television network for over 10 years specializing in fine jewelry and art. The network broadcasts 7 hours per day and is seen on Dish Network Channel 221 and DirecTV Channel 224. In addition, DSN is seen in New York City via WRRN-TV. DSN broadcasts live from their studio facility on the Glendale Studio Lot located in Southern California.
Forward-Looking Statements
From time to time, the company may issue forward-looking statements, which involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as actual results could differ and any forward-looking statements should be considered accordingly.
Investor Relations
Ingrid Clavijo
(727) 953-9778
Ingrid(at)Valcom.tv
Leseranfragen:
Valcom Inc.
North Naomi Street 2525, US-91504 Burbank, California
Telefon +1 (818) 848-5800
Fax +1 (818) 848-6454
Internet www.valcom.tv
Kontakt info(at)valcom.tv
Datum: 04.08.2010 - 14:16 Uhr
Sprache: Deutsch
News-ID 24590
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Wien
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Business News
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