Posted by AGORACOM
at 12:00 PM on Monday, December 20th, 2021
Victory Square Technologies Inc. (CSE:VST) (OTC:VSQTF) (FWB:6F6) provides investors access to a diverse portfolio of next generation technology companies in key sectors, including: Web 3.0, Blockchain, Gaming, the Creator Economy, NFTs and the Metaverse.
“We are living in the midst of the 4th Industrial Revolution; The Tech Revolution that will undoubtedly change everything as we know it,” says VST CEO Shafin Diamond Tejani.
“Web 3.0, Blockchain, Gaming, VR/AR, the Creator Economy, Digital Health and Climate Tech are all sectors that Victory Square has invested in. We offer investors the chance to invest in the most exciting tech trends all in one place with a uniquely liquid, audited and secure way to gain access to these latest innovative technologies.”
Across the next 120 days, VST’s primary goals will be to:
Issue The Second Tranche Of a Special Common Share Dividend of its Interest in Portfolio Company Fantasy 360 Technologies Inc. (dba Immersive Tech)
Assist Stardust Solar Technologies Inc., Turnium Technology Group Inc., Cassia Research Inc. (doing business as CoPilot.AI) and Shop and Shout Ltd. (doing business as Creator.co) with considering and preparing for potential public listing transactions.
Ramp up sales and marketing to provide Victory Square Digital Health’s full-suite of mobile digital health solutions and telemedicine platform to surgery centres, skilled nurses, home care agencies and hospice care.
Work with Victory Square Health to grow the Company’s roster of diagnostic tests and expand its digital health business within Brazil, the U.S. and Canada.
Work with Creator.co to complete the development of an add-on feature which will allow creators to launch their own digital currency powered by the blockchain.
Successfully incubate next batch of VST projects working on the following: Exchange Traded Protocols (Metaverse, DeFi, GameFi, DAOs), P2E (Play to Earn) Games, Decentralized Social Networks (DeSo Creator Platform).
Against this backdrop, Agoracom founder George Tsiolis sat down with the CEO to discuss the shape of the future…
Posted by AGORACOM
at 1:28 PM on Friday, September 3rd, 2021
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 24 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 GameOn Entertainment Technologies, Hydreight and Immersive Tech – has led to a record sixth consecutive quarter with positive net income and earnings per share:
The firm reported record net income of $19,733,031 and positive Earnings Per Share of $0.30 in Fiscal 2020
During the six months ending June 30, 2021, the adjusted net income of the Company was $7,653,255
During the three months ending June 30, 2021, the adjusted net income of the Company was $2,222,180
VST Issued a special dividend of commonshares of its portfolio company GameOn Entertainment Technologies (GET: CSE) in May 2021
Followed by a special dividend of common shares of its portfolio company Fantasy 360 Technologies Inc. (CSE (reserved):VRAR) aka Immersive Tech in August
We sat down with Shafin Diamond Tejani, Victory Square’s CEO, to break down the numbers and look ahead to the future…
Posted by AGORACOM
at 6:00 PM on Tuesday, May 4th, 2021
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 GameOn, Hydreight 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…
Posted by AGORACOM
at 9:55 AM on Monday, April 19th, 2021
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:
Posted by AGORACOM
at 1:53 PM on Wednesday, April 7th, 2021
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.
Posted by AGORACOM-JC
at 5:20 PM on Thursday, April 1st, 2021
Announced that further to its news release dated March 29, 2021, its portfolio company Fantasy 360 Technologies Inc. d/b/a Immersive Tech proposes to increase the size of its previously announced non-brokered private placement of subscription receipts of Immersive from $1.5 million due to strong investor demand.
Each Subscription Receipt will be sold at a price of $0.35 and be governed by a subscription receipt agreement to be entered between Immersive and an escrow agent to be appointed by Immersive on or prior to the closing date of the SR Offering
VANCOUVER, British Columbia, April 01, 2021 — Victory Square Technologies Inc. (“ Victory Square ”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that further to its news release dated March 29, 2021, its portfolio company Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“ Immersive ”) proposes to increase the size of its previously announced non-brokered private placement (the “ SR Offering ”) of subscription receipts of Immersive (“ Subscription Receipts ”) from $1.5 million due to strong investor demand. Each Subscription Receipt will be sold at a price of $0.35 and be governed by a subscription receipt agreement to be entered between Immersive and an escrow agent to be appointed by Immersive on or prior to the closing date of the SR Offering (the “ SR Agreement ”).
In accordance with the SR Agreement, each Subscription Receipt shall be automatically converted without any further action on the part of the holder thereof into one unit of Immersive (each, a “ SR Unit ”) upon the satisfaction of certain escrow release conditions (the “ Escrow Release Conditions ”) including the receipt of conditional approval by Immersive with respect to the listing of the common shares of Immersive (“ Immersive Shares ”) on the Canadian Securities Exchange (the “ CSE ”) and the receipt of a final prospectus of Immersive in the Province of British Columbia. If the Escrow Release Conditions are not satisfied by August 31, 2021, the proceeds of the SR Offering will be returned to the subscribers.
Each SR Unit will consist of one Immersive Share and one-half of one Immersive Share purchase warrant (each whole warrant, an “ SR Warrant ”). Each SR Warrant will entitle the holder thereof to purchase one additional Immersive Share at a price of CAD$0.52 for a period of 24 months following the completion of a going-public transaction by Immersive. Immersive may accelerate the expiry date of the SR Warrants to 30 days following Immersive issuing a news release accelerating the expiry date of the SR Warrants in the event the closing price of the Immersive Shares on the CSE or any equivalent exchange upon which the Immersive Shares trade is equal to or greater than $0.78 per Immersive Share for a period of ten (10) consecutive trading days.
Immersive intends to use the net proceeds from the SR Offering to finance acquisitions, organic growth investments and for general working capital purposes. Finder’s fees may be paid to eligible finders in accordance with the policies of the CSE consisting of a cash commission of up to 6% of the gross proceeds raised under the SR Offering and finder warrants (“ Finder Warrants ”) in an amount up to 6% of the number of Subscription Receipts sold pursuant to the SR Offering. Each Finder Warrant will have the same terms as the SR Warrants.
Closing of the SR Offering is subject to customary closing conditions including, but not limited to, receipt of any required regulatory approvals. The securities being offered under the private placement will be issued pursuant to available exemptions from the prospectus requirements under applicable securities laws and will be subject to a hold period that will expire four months and one day from the later of: (i) the date of issue, and (ii) the date on which Immersive becomes a reporting issuer in any jurisdiction in Canada. The Immersive Shares comprising the SR Units and underlying the SR Warrants will be subject to a contractual lock-up with 25% released from contractual lock-up on the date of conversion of the Subscription Receipts and 75% released 4 months thereafter.
Posted by AGORACOM
at 10:10 AM on Wednesday, March 31st, 2021
Telehealth services to be offered in Brazil include: on demand physicians, prescription services, cosmetic services, in-home consultations, full integration with insurance providers and proprietary testing services among others following necessary approvals.
VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company“) (CSE:VST) (OTC:VSQTF) (FWB:6F6) — has announced that Victory Square portfolio companies IV Hydreight Inc. (“Hydreight”) and Victory Square Health Inc. (“VSH”) are combining resources to create and expand Telehealth product offerings throughout Brazil.
This partnership will include delivering the following services throughout the country: offering on demand physicians, prescription services, cosmetic services, in-home consultations, full integration with insurance providers and proprietary testing services among others.
Due to the global pandemic, the demand has never been greater for safe and secure in-home testing and treatment options. Victory Square Health and Hydreight have teamed up to fill this need. The Company’s safe and secure protocols will enable citizens to receive the urgent care and testing in the safety and comfort online and in person in their own homes.
This opportunity for both Victory Square portfolio companies comes at an opportune time with the emergence of Digital Health in Brazil. Victory Square Health has been preparing for Telehealth Opportunities in Brazil and this partnership with Hydreight strategically positions both companies to capitalize upon this massive new market in VSH’s home playing field of Brazil.
Victory Square Health is a leading manufacturer and supplier of personalized medicine solutions including diagnostic tests to support patient’s care and improve health outcomes. Last year, the Company announced a key business development and sales agreement with MOLKOM Pharmaceuticals, a global business development agency. MOLKOM has vast business development relationships with major clients in over 30 countries.
Posted by AGORACOM
at 10:01 AM on Monday, March 29th, 2021
VANCOUVER, British Columbia, March 29, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“Immersive”) has launched a non-brokered private placement of up to 4,285,714 subscription receipts of Immersive (“Subscription Receipts”) at a price of CAD$0.35 per Subscription Receipt for aggregate gross proceeds of up to CAD$1,500,000 (the “SR Offering”).
The Subscription Receipts will be issued pursuant to and governed by a subscription receipt agreement to be entered between Immersive and an escrow agent to be appointed by Immersive on or prior to the closing date of the SR Offering (the “SR Agreement”). The proceeds of the SR Offering, minus 10% which will be immediately released to Immersive on closing of the SR Offering for the purposes of satisfying the Escrow Release Conditions (as defined below) and for working capital and general corporate purposes, will be deposited in escrow pursuant to the SR Agreement.
In accordance with the SR Agreement, each Subscription Receipt shall be automatically converted without any further action on the part of the holder thereof into one unit of Immersive (each, a “SR Unit”) upon the satisfaction of certain escrow release conditions (the “Escrow Release Conditions”) including the receipt of conditional approval by Immersive with respect to the listing of the common shares of Immersive (“Immersive Shares”) on the Canadian Securities Exchange (the “CSE”) and the receipt of a final prospectus of Immersive in the Province of British Columbia. If the Escrow Release Conditions are not satisfied by August 31, 2021, the proceeds of the SR Offering will be returned to the subscribers.
Each SR Unit will consist of one Immersive Share and one-half of one Immersive Share purchase warrant (each whole warrant, an “SR Warrant”). Each SR Warrant will entitle the holder thereof to purchase one additional Immersive Share at a price of CAD$0.52 for a period of 24 months following the completion of a going-public transaction by Immersive.
Posted by AGORACOM-JC
at 4:02 PM on Tuesday, March 23rd, 2021
By now you’re no doubt well acquainted with Victory Square Technologies ($VST.ca $VSQTF) – with a portfolio of more than 20 global companies, it builds, acquires and invests in promising start-ups, then provides the senior leadership and resources needed for fast-track growth.
Among the tech firms featured in said portfolio – which spans A.I., Virtual Reality, Augmented Reality, Blockchain, Fintech, Health-tech, Gaming, Sports Betting and SaaS, among others – is Immersive Tech.
Immersive Tech is preparing for a public listing in Q2 of 2021
It previously announced the creation of one of the world’s first COVID-19-safe, location-based entertainment (LBE) Virtual Reality (VR) divisions, named UNCONTAINED.
The firm has just announced a major partnership with Chris Ramsay, for an exclusive immersive experience that will be featured on his social media channels, including YouTube, Instagram, Twitter and TikTok.
Combined, he has a following of some 6.4 million fans.
Ramsay is a renowned magician and celebrity YouTube influencer known for his illusion tutorials, public illusion vlogs, and reaction videos to bad magic.
We sat down with Vahid Shababi, Victory Square Technology’s Chief Operating Officer, to discuss the company’s plans for Immersive Tech, as well as $VST’s recent “Future Forecast Letter to Shareholders,” which painted a bold picture for the firm’s future.
Posted by AGORACOM
at 9:37 AM on Monday, March 22nd, 2021
Victory Square portfolio company Immersive Tech will team up with Chris Ramsay on an exclusive immersive experience that will be featured on his social media channels including: YouTube, Instagram, Twitter and TikTok with a following of 6.4 million fans
Ramsay is a renowned magician and celebrity YouTube influencer known for his illusion tutorials, public illusion vlogs, and reaction videos to bad magic.
Project with Ramsay to be in conjunction with the previously announced creation of World’s first Covid-19 safe location-based entertainment (LBE) Virtual Reality (VR) division “UNCONTAINED”.
Immersive Tech is preparing for a public listing in Q2 of 2021
VANCOUVER, British Columbia, March 22, 2021 (GLOBE NEWSWIRE) — 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 Technologies Inc. DBA Immersive Tech (“Immersive”) has entered into an agreement with renowned magician & celebrity YouTube creator Chris Ramsay on an exclusive immersive experience
“Celebrity vlogger, magician and social media influencer Chris Ramsay will be teaming up with Immersive Tech to provide an immersive experience like no other!” said Immersive Tech CEO Tim Bieber. “While the nature of this highly anticipated experience will be kept confidential until the video premieres, I promise all that it will be a truly engaging experience that will invite fans and the public to actively participate in a companion experience. I hope that this announcement will be the start of a long and productive relationship with Mr. Ramsay,” said Bieber.
Chris Ramsay said, “I am stoked to be teaming up with my fellow Canadian experiential experts at Immersive. I am impressed with the Company’s trailblazing attitude and technology as it positions itself to be the global leader in the emerging AR/VR – LBE based products through ‘UNCONTAINED’,” said Ramsay. This project with Mr. Ramsay will have narrative tie-ins to the upcoming flagship “UNCONTAINED” experience, offering fans an opportunity to be part of the story themselves.