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Bullboard - Stock Discussion Forum Versus Systems Inc VS

Versus Systems Inc. is an engagement and rewards company. The Company offers a suite of business-to-business software tools that drive user engagement through gamification, interactivity, and rewards. These tools allow its partners to offer in-game prizing and rewards, including merchandise, coupons, digital goods, and sweepstakes entries - inside their websites, their venues, or their... see more

NDAQ:VS - Post Discussion

Versus Systems Inc > CEO - Cash Injection
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Post by barsax on Apr 02, 2021 10:50pm

CEO - Cash Injection

...on March 30th Matthew Pierce exercised options and warrants (22,674 options @ $4.32; and 138,720 warrants @ $4) for a total cash injection of about $655,000.  I believe that will show up on the company statements for the quarter ended March 31.

nice vote of confidence by the CEO.  Things must be going well - or according to plan, and they can use the extra cash to further develop and implement the business plan.
Comment by barsax on Apr 08, 2021 7:00pm
in addition to what I posted last week, Matthew Pierce exercised another 102,000 share purchase warrants (indirect ownership through a family trust) on April 1st,  bringing his cash injection to over $1M USD when combined with what I reported earlier. $408,668 +102,167 vol $4.00 each reported two days ago...transaction date of April 1st 2021
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