February 8th, 2012
Posted on 09. Aug, 2010 by PublicWire in General
(VLCO.OB) ValCom, Inc. Partners With DSN For Real Estate Auction TV Show
(PublicWire.com News Release) ValCom, Inc. (OTCBB: VLCO) and its MyFamily TV broadcast network subsidiary announced 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.
(VLCO.OB)ValCom, Inc. Partners With DSN For Real Estate Auction TV Show
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