"ValCom Perseveres and Emerges Subsidiary Out of Chapter 11
2004-08-04 09:10 ET - News Release
VALENCIA, Calif. -- (Business Wire) -- Aug. 4, 2004
A subsidiary of ValCom, Inc. (OTCBB:VACM)(Frankfurt
XETRA:VAM)(the 'Company'), Valencia Entertainment International,
emerged from Chapter 11. ValCom, Inc. also announced today that the
Company has sold 6 of its 12 owned/operated Los Angeles studios for
over $10 million and has paid off the Company's debt. The Company will
continue to operate its 14 film and television production sound
stages, both in Los Angeles and Las Vegas, with the primary focus
being on its newly acquired studio facilities in the Las Vegas booming
entertainment market."
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment