HENDERSON, NEVADA--(Marketwire - 01/31/11) - Videolocity International, Inc.'s (PINK SHEETS:VCTY - News) (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.
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