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VSBLTY Groupe Technologies Corp C.VSBY

Alternate Symbol(s):  C.VSBY.WT.B | VSBGF

VSBLTY Groupe Technologies Corp. is a Canada-based software provider of artificial intelligence (AI)-driven security and retail analytics technology. The Company is engaged in providing Proactive Digital Display, which transforms retail and public spaces as well as place-based media networks with software-as-a-service (SaaS)-based audience measurement and security software that uses AI and machine learning. Its products include DataCaptor, VisionCaptor, VSBLTY Vector and VSBLTY Metrics. DataCaptor leverages camera and sensor technology through AI tools, enabling real-time analytics and anonymous audience data. VisionCaptor Content Management System provides a variety of capabilities for bringing proximity-aware, interactive brand messaging to life on any digital screen or platform. VSBLTY Vector is a software, which provides facial recognition and weapon detection. VSBLTY computer vision provides measurements that can validate media impressions at the point of sale.


CSE:VSBY - Post by User

Comment by CafeCubanon Jun 12, 2021 3:15pm
213 Views
Post# 33378078

RE:So why does VSBY need USD$9.2M ?

RE:So why does VSBY need USD$9.2M ?Here are some possible scenarios. I am ruling out a new big deal - VSBY PR / Jay would have hinted this already. 1. OPTIMISTIC: a. Either AB InBev or "tba in August retailer" are insisting on higher cash in hand (de-risk) before finalizing. AB InBev is still LoI, final agreement not signed. Explains the urgency. b. VSBY is looking to uplist, TSE perhaps? Less likely, but just throwing it in there 2. NEUTRAL: VSBY is looking to expand in-house engineering, professional services team - just as it says in the financing doc. Jay would have been aware of it, no issues communicating this as well - so less likely. 3. PESSIMISTIC: Projected revenue guidance unlikely to be met - need cash to survive. If so, media component from AB InBev deal has taken a hit, largest chunk of 5-7m projected. 4. Could be something else altogether as well - an "all cash" acquisition?
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