UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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 25, 2004

                                  VALCOM, INC.

               (Exact name of Registrant as specified in charter)


       DELAWARE                        000-28416                 58-1700840
(State  or  other  jurisdiction     (Commission File Number)    (IRS Employer
of  incorporation)                                              Identification
                                                                Number)

                           26030  AVENUE  HALL,  STUDIO  5
                              VALENCIA,  CALIFORNIA
                    (Address  of  principal  executive  offices)



       Registrant's telephone number, including area code: (661) 257-8000

                                 NOT APPLICABLE
          (Former name or former address, if changed since last report)



ITEM  5.  OTHER  EVENTS  AND  REGULATION  FD  DISCLOSURE

A.)     The  Directors  voted  unanimously  to restructure the price of existing
options  and  warrants  that  the Company has granted to certain individuals and
employees  pertaining to contributing services and other items to the Company to
be  no  lower  than $0.25 each.  This action has become necessary due to certain
conditions  of  a  settlement  agreement  with  a  major  creditor.

ITEM  7.  FINANCIAL  STATEMENTS  AND  EXHIBITS

(A)  FINANCIAL  STATEMENTS  OF  BUSINESSES  ACQUIRED

Not  applicable.

(B)  PRO  FORMA  FINANCIAL  INFORMATION

Not  applicable.

(C)  EXHIBITS

Not  applicable.

                                   SIGNATURES

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.

Date:  May  25,  2004  VALCOM,  INC.



By:     /s/  Tracey  Eland
   ----------------------------
        Tracey  Eland
        Secretary  and  Treasurer