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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

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Post by oiljack14 on Feb 01, 2021 5:51pm

VS

They have a partnership with Shopigy as per their SEC document (IPO)

They have arevenue generating partnership with HP (Omen Rewards).

This is what they are working on.



· Working on live TV. · Working on live streaming. · Working on 2nd screening. · Optimal ad unit for interactive advertising. · Lots of growth in device types: moving into mobile (ex. eplay fitness app), smart TVs, · Lots of growth in different content types beyond games: interactive TV, interactive media · They are now accepting more inbound work where customers come to them to use VS’s technology in different applications: such as PredictMedix in clinical trials, and eplay. · Major competitors: Capjoy, Trade Desk, Unity · but VS is the undisputed leader in real-world prizing.

They have revnue partnership with Sparx and they have already been show to be generating ad spend / rewards oppotunities for the Vancouver Canucks and the Orlando Magic and they have deals with teams in all four major sports leagues.

Sports betting will be a big driver imo in 2021 as well.

I hold over 1% of the common stock and people that I helped put into it hold 10% or so.

That's a lot of coin.  But we think it should be at least $15 to $20 Cad right now.

Think. Wasatch took a 3.9 mm share option (1/3 shares and 2/3 warrants) @ $7.50. They got 1.3 mm shares at said $7.50 USD for $9.75 mm USD (less their fees etc). They also got 2.6 mm warrants @ $7.50 USD which IF fully exercised would give the company another $20 mm USD. There is NO way that Wasatch took the entire IPO at a possible cost to them of $30 mm USD (app) unless they were CERTAIN it was worth a lot more than $7.50 USD. They would never put up that type of money on a Nasdaq micro cap unless they had "the data necessary" to assure their client (remember one buyer) that it would be going A LOT higher. So we wait. Pisser but the move up is coming. Hopefully a lot sooner if I have my way. Wasatch WILL buy more but not before they are forced too imo. So I, and you, should try and force their hand. · Working on live TV. · Working on live streaming. · Working on 2nd screening. · Optimal ad unit for interactive advertising. · Lots of growth in device types: moving into mobile (ex. eplay fitness app), smart TVs, · Lots of growth in different content types beyond games: interactive TV, interactive media · They are now accepting more inbound work where customers come to them to use VS’s technology in different applications: such as PredictMedix in clinical trials, and eplay. · Major competitors: Capjoy, Trade Desk, Unity · but VS is the undisputed leader in real-world prizing.
Comment by barsax on Feb 02, 2021 11:41am
These are all very good points...excellent, in fact. As you know, we have two problems: (1) short -term, the quiet period; and (2) the deal structure - 1 share plus 2 free warrants. Problem 1:  the competing underwritters who didn't get into the deal are probably shaking the tree to pry loose shares at prices BELOW the offering price (which itself was a kick in the you-know-where).  ...more  
Comment by oiljack14 on Feb 02, 2021 12:25pm
Wasatch Funds went to only one buyer. He has NO interest in selling. The company also has a deal with Shopify coming (in March imo) as per the IPO SEC document. IF you want me to post it I can. Stay tuned.  I own over 1% of the common and the guys I put in hold well over 1 mm shares. We are pot committed as they say. We should be $20 Cad imo.  But let's see where we are in a ...more  
Comment by marrcoooo on Feb 02, 2021 3:17pm
Barsax... the "Problems" you listed are not actually problems at all. 1. The quiet period ends on February 14 (Sunday) Market closed on Monday so February 16 is when both the market is open and the quiet period is over. Exactly 2 weeks time from now for people to accumulate. Who says it won't rise in anticipation of this time? I see the price rising today. How do you account for ...more