UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 14, 2010
VALCOM, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 000-28416 58-1700840
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(STATE OR OTHER JURISDICTION (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER OF
INCORPORATION OR ORGANIZATION) (IDENTIFICATION NO.)
2113A GULF BOULEVARD, INDIAN ROCKS BEACH, FL 33785
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(Address of principal executive offices and zip code)
(727) 953-9778
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(Registrant's telephone number, including area code)
Copies to:
Joseph L. Pittera, Esq.
Law Offices of Joseph L. Pittera
2214 Torrance Boulevard, Suite 101
Torrance, California 90501
Phone: (310) 328-3588
Fax: (310) 328-3063
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF
DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS
On or about May 14, 2010, Richard Shintaku, a Director, resigned from the Board
of Directors of Valcom, Inc. due to health reasons. No letter of resignation
was received by Valcom. The information was communicated to Valcom by a family
member of Mr. Shintaku.
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On May 17, 2010, Valcom, Inc. (the "Company") and PBS Fundraising Programming
entered into an agreement whereby the Company's wholly owned subsidiary,
Valencia Entertainment will deliver the original 1-hour television special
Michel Legrand & Friends - 50 Years of Movies & Music to PBS during the month
of May 2010. Michel Legrand & Friends - 50 Years of Movies & Music will run on
PBS stations across the United States as a pledge-drive special beginning in
August 2010. Valencia Entertainment will receive $125,000 from PBS upon mutual
execution of a license agreement, an additional $62,500 upon receipt and
approval of a program rough cut and all other deliverables due at that time,
and $62,500 upon receipt and approval of all other deliverables. Plus 12
dollars for every DVD sold and 8 dollars for every CD sold over the next 26
months
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(A) FINANCIAL STATEMENTS.
Not applicable.
(B) PRO FORMA FINANCIAL INFORMATION.
Not applicable.
(C) EXHIBITS.
EXHIBIT NUMBER DESCRIPTION
Exhibit 10.1 May 12, 2010 Agreement Between Valencia Entertainment and PBS
Fundraising.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Valcom, Inc.
By: /s/ Vince Vellardita
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Vince Vellardita
Chief Executive Officer
Date: May 18, 2010