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VIDEO – Victory Square Technologies $ $VSQTF Faces Inflection Year, with Record $19.7M Income, Oversubscribed Finance for Immersive Tech, and Investment in Stardust Solar $ $ $

Posted by AGORACOM-AB at 6:00 PM on Tuesday, May 4th, 2021
Victory Square Technologies VST

Victory Square Technologies (VST:CSE / VSQTF:OTC / 6F6:FWB) builds, acquires and invests in promising start-ups, then provides the senior leadership and resources needed for fast-track growth. 

Across its portfolio of more than 20 global companies, it covers A.I., Virtual Reality / Augmented Reality, Blockchain, Fintech, Health-tech, Gaming, Sports Betting and SaaS.

And the success its portfolio has achieved – by way of firms such as GameOnHydreight and Immersive Tech – has led to a record earnings performance for the year ending Dec 31, 2020:

  • Net income increased to $19.7m from ($8.9m) YOY
  • Earnings per share increased to $0.30 from ($0.10) YOY
  • VST ended the quarter with cash and cash equivalents of $4.6m

The news came just a day after VST closed Immersive Tech’s oversubscribed financing for gross proceeds of $2.3m, representing:

  • 6.8m subscription receipts
  • at a price of $0.35

And VST’s portfolio continues to grow. In late April, the firm signed a binding Letter of Intent to invest in renewable energy company Stardust Solar:

  • A Solar Network of more than 2,000+ trained solar professionals in North America
  • Stardust Solar recently acquired the Canadian Solar Institute

That’s a lot of action. We sat down with Shafin Diamond Tejani, Victory Square’s CEO, to delve into the news…

Victory Square Technologies $ $VSQTF to Present at the Planet MicroCap Showcase Virtual Event on Thursday, April 22, 2021 $ $ $ $

Posted by AGORACOM-AB at 9:55 AM on Monday, April 19th, 2021
Victory Square Technologies VST

VANCOUVER, BC / ACCESSWIRE / April 19, 2021 / Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST)(OTCQX:VSQTF)(FWB:6F6), a company that provides investors access to a diverse portfolio of next generation internet companies in key sectors including: digital health, gaming, blockchain, AR/VR, cybersecurity, and cloud computing, today announced that it will be presenting at the Planet MicroCap Showcase: VIRTUAL on Thursday, April 22 at 2:30 PM EST.

Chief Executive Officer, Shafin Diamond Tejani and CGO Vahid Shababi will be hosting the presentation and answering questions from investors.

To access the live presentation, please use the following information:

Planet MicroCap Showcase: VIRTUAL 2021
Date: Thursday, April 22, 2021
Time: 2:30 PM Eastern Time (11:30 AM Pacific Time)

Management will also be participating in virtual one-on-one meetings throughout the event, which run from April 21, 2021 through April 22, 2021.

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Victory Square $ $VSQTF Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their “UNCONTAINED” VR Attraction With An Option To Purchase Up To 10 Units $ $ $ $

Posted by AGORACOM-AB at 1:53 PM on Wednesday, April 7th, 2021
Victory Square Technologies VST

VANCOUVER, British Columbia, April 07, 2021 — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company Fantasy 360 Inc dba Immersive Tech (“Immersive”) has entered into an initial one unit letter of intent (LOI) for its hyper-immersive VR attraction “UNCONTAINED” with Autobahn Indoor Speedway, with an option to purchase up to 10 units for the remaining Autobahn locations across the USA.

For a full and complete update from Immersive on its LOI announcements, please see Immersive press release by clicking here.

Autobahn Indoor Speedway is one of the largest chains of indoor go-karting operators in North America, featuring high performance Italian-made racing karts, indoor and outdoor attractions, food and beverage offerings all within a family fun, safe and friendly environment.

There are 10 Autobahn Indoor Speedway locations across the USA: Bessemer Alabama, Essex Maryland, Dulles Virginia, Jacksonville Florida, Jessup Maryland, Manassas Virginia, Memphis Tennessee, Lemoyne Pennsylvania, and West Nyack New York.

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