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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 17, 2020 12:54am
267 Views
Post# 31572706

Out Of Mr.Shafin's Call Directly

Out Of Mr.Shafin's Call DirectlyAdditional tests Covid testing is just one of 8+ tests in the pipeline for VSH. As per the call there will be news coming out on regulatory approvals for additional tests for other viruses/diseases shortly. Market Activity They are aware of the market activity and short selling. They did not do the previous 2 midday halts on purpose, and dont plan to do any in the future. VST was forced to halt as per IIROC and did not receive a proper trade resumption notice either. IIROC requires any company reporting Covid related news to halt and announce the news. They have worked out an agreement with IIROC where if they get the news to them on Friday morning, they will be allowed to release the news on the following Monday without halting trading. This is just for covid related news, all other NRs could come at any time, and not sure if contract agreements would fall under this, but regulatory approvals do. Insider Selling Insider is a large shareholder but not management and doesnt plan on selling any additional shares. Insiders have not sold any shares to date. International Interest Mentioned other countries that have expressed interest that have never been mentioned before, including Middle East, Columbia, Singapore, Malaysia. Manufacturing VST is actively seeking centralized manufacturing to increase capacity and reduce costs. They are only looking at production labs that have to be EU, FDA, HC certified as the product as well as manufacturing needs to be accredited. They are not just looking to partner but to also ACQUIRE labs. With other tests in the pipeline out for approval they could be scaling up for mass production of multiple testsVSH 360 Healthcare Their goal with VSH is to have a full 360 degree healthcare solution, where you would buy the test, talk to the doc, ect. Potential app and or telemedicine platform catalyst Other divisions Mentioned news this week or next from an AR/VR company under their umbrella. Asked about spinoffs when a company is spun off they usually retain at least 2 years of consulting services and some type of ownership of the company creating residual income for company and shareholders Health Canada Mentioned that they are in direct contact with HC just yesterday and the status of that application has not slowed them down with actively pursuing deals in Canada. Financing They dont require money at this time and he said that Shafins 10M note is available if they need it and it adds to his liquidity. Take that for what you will. GOODLUCK TO YOU ALL HAVE A GREAT NIGHT!!
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