VSBLTY update?
Picked up the following on another chat board, interesting update for sure, hopefully it's bang on.
I'm certainly very frustrated with how the share price has been stagnant, some good news or the Q2 update later this month should provide some lift!
I hope you find the following beneficial!
Quote from WSR VSBLTY Discord room: "I am substantial shareholder in VSBLTY and had the chance to speak with Jay today. He will be rolling out a lot of news over the next two months. They will be uplisting to the OTCQB in a week, announcing a new security deal in 10 days, and in 14 days will provide the revenue figures for the 2nd Quarter which he called a "Breakout Quarter". He says the financing they did was to bolster their position in regards to negotiating with potential equity partners. In September he plans to announce some news... I am thinking he will have made a deal to bring in an equity partner into the business. He is in talks with Westrock, Sensormatic and an unnamed company--each are interested in becoming equity partners with VSBLTY. Jay says that any arrangement he makes will be in a non-dilutive way. Sensormatic is considering purchasing up to 19% of the company's stock. Jay will be returning to Wallstreet Reporter in a couple weeks and begin promoting more heavily towards the end of summer. Jay says that a lot of the big news fell on deaf ears over the summer and he wants to wait until there is a captive audience before he invests in promotion or puts out news releases. I reached out to Jay because I was concerned about the slow news flow and promotion. After our conversation, feel more confident than ever about this company's future. I bought in last year for around $0.11 USD average last year, and have tripled my position over the last couple months. VSBGF is now the largest holding in my portfolio. I believe that these shares are way undervalued at $.36 USD. I expect the price to be well over $1 before the end of the year. I expect VSBLTY will be Jack's first 100 bagger."