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Victory Square Technologies Inc C.VST

Alternate Symbol(s):  VSQTF

Victory Square Technologies Inc. is a Canada-based venture builder that provides investors a liquid way to invest in early-stage technology companies without buying a venture fund that requires accredited investor status or multi-year commitments. The Company has a diverse portfolio of approximately 25+ companies that are engaged in verticals, including artificial intelligence (AI), machine learning (ML), blockchain/Web3, virtual and augmented reality (VR/AR), gaming, climate tech, creator economy, digital health, and others. The Company is committed to organizations that provide services in the youth, mental health, special needs, sport, tech, education, marginalized groups, first nations, and accessibility sectors. The Company’s subsidiaries include VS Digital Health Inc., Hydreight Canada Holdings Inc., IV Hydreight Inc., Hydreight Technologies Inc., Futura Health & Wellness Inc., Draft Label Technologies Inc., XR Immersive Tech Inc. and others.


CSE:VST - Post by User

Post by 6ixs7eV3nsRocon Sep 11, 2020 5:45pm
235 Views
Post# 31547071

Keep The Facts....

Keep The Facts....Alright guys, Brazilian Population = 209.5 M (2018) Brazil Covid Cases = 4.24 M (sept. 10 google) Population of Sao Paulo 12.18 M (2018) State Sao Paulo = 875,000 cases Sao Pualo % of Brazil Pop = 6.1% Sao Paulo % of Brazil Covid Cases = 20.8% Victory Health CEO is from Brazil -Victory Health approved in the Ideiagov program supported by the Sao Paulo State Government for immediate trials and application in the state to start Aug 28. (Aug 27 news release) -FDA permission to commence marketing, sales and distribution under EUA. (Aug 25, news release) -Announced entering into a manufacturing contract for the IgG and IgM for the detection of Covid 19 rapid tests for sale and distribution globally. -The latest manufacturing agreement will allow the company to produce an ADDITIONAL 5,000,000 VS Health Covid 19 Rapid tests monthly for Global Distribution. (Sept 2 news release) -Victory Health got Brazilian ANVISA approval for Sale and Use of Safetest for the country of Brazil and Export to Mercosur Countries (Argentina, Paraguay, and Uruguay) -This approval increases the companys reach to the entire country of Brazil from prior accelerator approval from State of Sao Paulo release announced in late August. (Sept 8th News Release) -Victory Square Technologies has a $10,000,000 convertible note so money for manufacturing is not an issue here.Market capitalization is currently sitting at $36.5M. Potential sales are roughly $70M a month at $10 per test of which they receive 20%. That is ~$14M a month if all sold in Brazil. They get even more money if the product is sold outside Brazil. $14M a month equates to yearly revenue of $168M. If they have a 30% margin and a P/E ratio of 7 (which I think is low for this space) then $VST will be valued at $352.8M. This is $4.48 a share. Severely undervalued. GLTA Have A Great Weekend. P.s This post was made by a man named Geoff. Ty
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