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

Posted by AGORACOM 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 $VST.ca $VSQTF to Present at the Planet MicroCap Showcase Virtual Event on Thursday, April 22, 2021 $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM 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)
Webcast: https://www.webcaster4.com/Webcast/Page/2059/40883

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

Read More: https://agoracom.com/ir/VictorySquareTechnologies/forums/discussion/topics/759290-victory-square-technologies-to-present-at-the-planet-microcap-showcase-virtual-event-on-thursday-april-22-2021/messages/2312551#message

Victory Square $VST.ca $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 $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM 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.

Read More: https://agoracom.com/ir/VictorySquareTechnologies/forums/discussion/topics/758670-victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr/messages/2311124#message

Victory Square Technologies $VST.ca $VSQTF Portfolio Company Immersive Announces Upsizing of Its Previously Announced Private Placement Due to Strong Investor Demand $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM-JC at 5:20 PM on Thursday, April 1st, 2021
Victory Square Technologies VST

  • 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.

Source: https://agoracom.com/ir/VictorySquareTechnologies/forums/discussion/topics/758410-victory-square-technologies-inc-portfolio-company-immersive-announces-upsizing-of-its-previously-announced-private-placement-due-to-strong-investor/messages/2310649#message

Victory Square $VST.ca $VSQTF Portfolio Companies, Hydreight & Victory Square Health, Team Up To Expand Telehealth Product Offerings in Brazil $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM at 10:10 AM on Wednesday, March 31st, 2021
Victory Square Technologies VST
  • 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.

Read More: https://agoracom.com/ir/VictorySquareTechnologies/forums/discussion/topics/758299-victory-square-portfolio-companies-hydreight-victory-square-health-team-up-to-expand-telehealth-product-offerings-in-brazil/messages/2310436#message

Immersive Tech, a Victory Square Technologies $VST.ca $VSQTF Portfolio Company, Announces C$1.5 Million Non-Brokered Private Placement $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM at 10:01 AM on Monday, March 29th, 2021
Victory Square Technologies VST

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.

Read More: https://agoracom.com/ir/VictorySquareTechnologies/forums/discussion/topics/758163-immersive-tech-a-victory-square-technologies-portfolio-company-announces-c-1-5-million-non-brokered-private-placement/messages/2310135#message

VIDEO – Victory Square Technologies’ $VST.ca $VSQTF Portfolio Company Immersive Tech Shifts into Pre-IPO High Gear, Penning Magical #VR Deal with YouTube Star Chris Ramsay $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM-JC at 4:02 PM on Tuesday, March 23rd, 2021
Victory Square Technologies VST

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.

Get comfy!

Immersive Tech $VST.ca $VSQTF Teams Up With Celebrity YouTube Creator Chris Ramsay On An Exclusive Immersive Experience That Will Be Featured On His Social Media Channels To His 6.4 Million Fans $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM at 9:37 AM on Monday, March 22nd, 2021
Victory Square Technologies VST
  • 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.

Read More: https://agoracom.com/ir/VictorySquareTechnologies/forums/discussion/topics/757800-immersive-tech-teams-up-with-celebrity-youtube-creator-chris-ramsay-on-an-exclusive-immersive-experience/messages/2309232#message

Victory Square Technologies $VST.ca $VSQTF CEO Issues Future Forecast Letter to Shareholders $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM at 5:51 PM on Friday, March 19th, 2021
Victory Square Technologies VST

VANCOUVER, British Columbia, March 19, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC: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, is pleased to issue a letter to shareholders from CEO, Shafin Diamond Tejani.

The Company recently released a Quarterly Corporate Update , which included the following highlights:

  • Victory Square plans to invest up to $5,000,000 to start commercializing ventures working on the following: EV Solutions, Renewable Energy, Plant-Based Comfort Foods, Digital Assets Management, NFT for Music, Telehealth service for PETS, and Fractional Trading
  • Completed Acquisition of IV Hydreight, An On-Demand & On-Site Mobile Health, Pharmaceutical & Wellness Service Provider Across the USA
  • GameOn completed an oversubscribed $5,800,000 pre-listing finance round
  • Victory Square Technologies Announced GameOn Share Dividend Initiative for VST Shareholders
  • FansUnite Entertainment completed an oversubscribed $13,000,000 financing
  • Immersive Tech announced the Creation of the World’s First COVID-safe Location-Based Entertainment Virtual Reality Division “UNCONTAINED”
  • Completed $6,000,000 Sale of VPN Platform, Victory Square received 4,411,765 common shares of Cloud Nine (CSE: CNI) at a deemed issue price of $1.36 per common share. The current share price of Cloud Nine (at market open on March 19th) is $2.09 per common share, valuing Victory Square’s 4,411,765 common shares at $9,220,588
  • The Company exercised 350,000 warrants in Argo Blockchain PLC for a $1,488,000 gain (as at March 15th, 2021)
  • Victory Square reported record net income for the nine-month period ending September 30, 2020, of $13,617,124 and earnings per share of $0.18. The Company maintained this pace in Q4 2020, closing out the year strong.
  • Victory Square’s 2020 Year End Financials will be released on or before April 30th, 2021, and its 2021 Q1 Financials will be released on or before May 31st, 2021.

Read More: https://agoracom.com/ir/VictorySquareTechnologies/forums/discussion/topics/757702-victory-square-technologies-ceo-issues-future-forecast-letter-to-shareholders/messages/2309039#message

Liz Schimel Joins Victory Square Technologies $VST.ca $VSQTF Portfolio Company GameOn Entertainment Technologies’ Board of Directors $YDX.ca $NTAR.ca $SEV.ca $DBO.ca

Posted by AGORACOM at 2:33 PM on Thursday, March 18th, 2021
Victory Square Technologies VST
  • A Veteran digital and media expertSchimel was most recently Head of Business at Apple News+. Prior to joining Apple in mid-2018, she served as President of Condé Nast International from 2013-17 and was Entrepreneur in Residence at Comcast Ventures in 2018.
  • GameOn completed an oversubscribed $5,800,000 private placement last week.
  • GameOn announced significant additions to its Board, Advisory and team: J Moses (Take-Two Interactive), Mike Vorhaus (DraftKings, Roblox), Sean Hurley (DraftKings) and Santiago Jaramillo (FIFA at EA Sports, NBA Top Shot at Dapper Labs).
  • GameOn has reserved GET as their trading symbol at CSE and public listing scheduled for March/April 2021.

VANCOUVER, British Columbia, March 18, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company GameOn Entertainment Technologies Inc. (“GameOn” or “Company”), the leader in providing consumers, broadcasters, sportsbooks and partners with interactive, social experiences around sports, TV and live events, today is pleased to announce the addition of Liz Schimel to its Board of Directors.

The Board of Directors includes GameOn Entertainment Technologies CEO Matt Bailey, J Moses (Chairman) and Shafin Diamond Tejani, CEO of Victory Square Technologies.

A digital and media veteran, Schimel was most recently head of business at Apple News+. Prior to joining Apple in mid-2018, she served as president of Condé Nast International from 2013-17 and was entrepreneur in residence at Comcast Ventures in 2018.

Read More: https://agoracom.com/ir/VictorySquareTechnologies/forums/discussion/topics/757598-liz-schimel-joins-victory-square-technologies-portfolio-company-gameon-entertainment-technologies-board-of-directors/messages/2308822#message