greatnessawaits
2 weeks ago
Email sent this morning. Short term pain, long term gain imo.
Dear Victory Square Shareholders,
I want to take a moment to personally connect with you regarding today’s announcement from our portfolio company, Hydreight Technologies (NURS). Market reactions can vary, but I’d like to provide context on this financing and its significance for both Hydreight and Victory Square Technologies (VST) shareholders.
This morning, Hydreight announced a $4 million financing at $1.55 per share, bringing in institutional investors and strengthening its financial position. Beyond the capital raised, this financing reflects institutional confidence, reinforces Hydreight’s market position, and supports its long-term objectives.
Key Takeaways:
✅ Enhanced Financial Stability – The capital supports Hydreight’s ability to pursue strategic initiatives, including M&A, key hires, and marketing efforts.
✅ Institutional Backing – This financing brings in institutional investors, a meaningful development for liquidity, credibility, and long-term market confidence.
✅ Positioning for Future Milestones – A stronger balance sheet and institutional support provide Hydreight with resources to continue executing its strategy, including exploring potential uplisting opportunities.
✅ VST’s Position Remains Strong – VST continues to hold a significant stake in Hydreight, with board representation and strategic involvement.
Impact on VST Shareholders:
VST’s ownership in Hydreight remains a key part of our overall portfolio value:
🔹 At the $1.55 financing price, VST’s stake in Hydreight is valued at approximately $40 million.
🔹 This equates to ~$0.41 per VST share based on Hydreight alone.
🔹 Including our other public holdings (CTRL, VRAI, SUN, Covalent, etc.), the total valuation is ~$0.49 per VST share.
🔹 Factoring in our private holdings, strategic assets, and IP, the total implied valuation reaches ~$1.06 per share.
While market sentiment can be unpredictable in the short term, the underlying fundamentals remain unchanged. Just four months ago, VST was trading at $0.09 and Hydreight at $0.30—today, institutional investors are financing Hydreight at $1.55 per share, a strong indicator of the value being recognized.
Staying Engaged
I appreciate your continued support and engagement. For those who would like to discuss further, I encourage you to join our Discord channel or reach out with any questions.
Thank you for being part of this journey.
Best,
Shafin Diamond Tejani
CEO, Victory Square Technologies
Monroe1
3 weeks ago
Hydreight and Victory Square Launch $10 Million Health Accelerator to Fuel Nationwide Expansion of Emerging Healthcare Brands on VSDHOne platform
GlobeNewswire
4:30 AM ET Jan-21-2025
VANCOUVER, British Columbia and LAS VEGAS, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Hydreight Technologies Inc. (HYDTF.NaE) (“Hydreight” or the “Company”) (TSXV: NURS) (FSE: SO6), a rapidly growing mobile clinical network and medical platform and VSDHOne, its innovative telehealth and e-commerce platform developed in partnership with Victory Square Technologies (VSQTF.NaE) (OTC: VSQTF) (FWB: 6F6), today announced the launch of a D2C Digital Health Accelerator program. This initiative will invest up to $10 million in the form of cash, a comprehensive suite of VSDHOne resources, services and/or company shares to support emerging healthcare brands poised to improve patient care across the United States. This program directly addresses the massive opportunity in the US healthcare system, projected to reach $7.2 trillion by 2031, according to the Centers for Medicare & Medicaid Services (CMS).
What is VSDHOne?
VSDHOne provides a comprehensive telemedicine platform that empowers businesses, including MedSpas, health and wellness entrepreneurs, retailers, and pharmaceutical brands, to create D2C healthcare solutions in days rather than months. The purpose of launching VSDHOne is to make it easy for any existing brick and mortar or individuals to launch a direct to consumer healthcare brand in a few weeks without worrying about compliance, doctor network, telemedicine and ecommerce Technology, Medical direction and oversight, Pharmacy network, and a medical legal framework in all 50 States.
With the marriage of Virtual and at facility healthcare features, companies can expand beyond their current Bricks and Mortar solutions.
Accelerating Growth with Comprehensive Support
The accelerator program is designed to empower businesses offering treatments and therapies directly to patients, including:
Skincare Treatments: Acne and anti-aging solutions
Hair Loss Treatments
Sexual Health: Hormone Replacement Therapy (TRT), peptides, Sermorelin
GLP-1 Weight Management: Treatments for obesity and weight management
Genetic Testing
Birth Control Options
Oral GLP-1 Therapies
NAD+ Nasal Spray: For anti-aging and energy
Longevity-focused solutions
Addressing the Need
Monroe1
3 weeks ago
The DRIPBaR offers a diverse range of services to enhance cellular health and well-being. Together, they are launching ‘DRIPBaR Direct,’ an innovative direct-to-consumer healthcare initiative powered by Hydreight’s VSDHOne platform. This partnership enables The DRIPBaR to expand its services nationwide, providing a seamless, compliant, and scalable telehealth experience to clients across the country.
Transforming Access to Preventative Healthcare
‘DRIPBaR Direct’ is designed to provide The DRIPBaR’s clients with convenient access to personalized health and wellness solutions from the comfort of their homes. Through the VSDHOne platform, clients can submit their health information online, connect with licensed medical professionals for remote consultations, and have physician-prescribed wellness treatments shipped directly to their doorstep for self-administration.
This national rollout follows a successful pilot phase where The DRIPBaR tested the VSDHOne platform's capabilities, demonstrating increased client engagement and operational efficiency. With the success of the trial, The DRIPBaR is now positioned to scale its digital health offerings to all its franchise locations, tapping into the growing demand for home-based wellness solutions.
This relationship is going to bring in some real cash and only grow now that the door is opened.
Monroe1
9 months ago
Victory Square Technologies Corporate Update
GlobeNewswire
8:00 AM ET May-15-2024
A diverse portfolio of 25+ innovative companies from around the world
Sectors include: Digital Health, Artificial Intelligence (AI), Machine Learning (ML), Blockchain/Web3, Virtual & Augmented Reality (VR/AR), Gaming, Climate Tech
Revenue for the year ended December 31, 2023, was $12,055,070 compared to $5,929,096 for the corresponding prior year period.
Cash & liquid securities approx. $4,903,363
VST Investor Q&A Webinar on Thursday May 23rd, 2024
VANCOUVER, British Columbia, May 15, 2024 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. (VSQTF.NaE) (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that gives investor access to a portfolio of 25+ innovative companies from around the world in a single stock, is pleased to provide a Corporate Update.
"2023 was a year of continued growth and new opportunities for Victory Square (VSQTF.NaE)," said Shafin Diamond Tejani, CEO. "And, this momentum has continued in 2024, with a number of exciting catalysts on the horizon. Since 2017, we’ve evaluated over 1000 companies & startup ideas, of which 25 have made the cut. We have a healthy balance sheet, significant assets and have built a pipeline of new opportunities," said Tejani.
Financial Highlights
Revenue
Revenue for the year ended December 31, 2023, was $12,055,070 compared to $5,929,096 for the corresponding prior year period.
Cost of Goods Sold
Cost of goods sold for the year ended December 31, 2023, was $6,564,681 compared to $2,672,672 for the corresponding prior year period.
Gross Margin
The gross margin for the year ended December 31, 2023 was $5,490,389 compared to $3,256,424 for the corresponding prior year period.
Cash & liquid securities approx. $4,903,363
mick
2 years ago
Authorized Shares Unlimited
04/06/2023
Outstanding Shares 99,564,971
04/06/2023
Restricted 13,021,529
04/06/2023
Unrestricted 86,543,442
04/06/2023
Held at DTC 20,342,450
04/06/2023
Float Not Available
Par Value
No Par Value
mick
2 years ago
Authorized Shares
Unlimited
04/06/2023
Outstanding Shares
99,564,971
04/06/2023
Restricted
13,021,529
04/06/2023
Unrestricted
86,543,442
04/06/2023
Held at DTC
20,342,450
04/06/2023
Float
Not Available
Par Value
No Par Value
mick
2 years ago
Authorized Shares
Unlimited
04/06/2023
Outstanding Shares
99,564,971
04/06/2023
Restricted
13,021,529
04/06/2023
Unrestricted
86,543,442
04/06/2023
Held at DTC
20,342,450
04/06/2023
Float
Not Available
Par Value
No Par Value
mick
2 years ago
Authorized Shares
Unlimited
04/06/2023
Outstanding Shares
99,564,971
04/06/2023
Restricted
13,021,529
04/06/2023
Unrestricted
86,543,442
04/06/2023
Held at DTC
20,342,450
04/06/2023
Float
Not Available
Par Value
No Par Value
StockLogistics
2 years ago
“Victory Square Technologies Reports 2022 Q2 Financial Results & Corporate Update
EQNX::TICKER_START (CNSX:VST.CN),(Frankfurt:6F6),(OTC US:VSQTF),(Other OTC:VSQTF), EQNX::TICKER_END -- 2022 Q2 unaudited Net Asset Value ("NAV") of $89,704,469 as at June 30, 2022
-- Notable Portfolio Highlights: IV Hydreight, Creator.co, GameOn, XR Immersive, Next Decentrum, Stardust Solar, CoPilot, Fansunite, Turnium, Covalent CQT and CloudAdvisors
-- Company & Executive Team featured in Forbes, Yahoo Finance, Entrepreneur, CoinTelegraph and Newsweek”
89/97 = .91, the market is adding a decimal place and saying it is worth 10 - 15% of its NAV. if it s assets to liabilities is 5:1 then the NAV should be realized in full in relation to the SP.
StockLogistics
2 years ago
June 2022 filing: Assets/Liabilities = 5
("NAV") of $89,704,469
“Share Structure
Market Cap Market Cap
11,247,341
09/19/2022
Authorized Shares
Unlimited
09/12/2022
Outstanding Shares
97,930,700
09/12/2022
Restricted
11,387,258
09/12/2022
Unrestricted
86,543,442
09/12/2022
Held at DTC
20,857,667
09/12/2022
Float
Not Available
Par Value
No Par Value”
(90 NAV - total liabilities of 7.7) / 97 OS = .85 with no P/E multiple
“Financial Highlights:
-- 2022 Q2 unaudited Net Asset Value ("NAV") of $89,704,469 as at June 30, 2022 (see "Use of Non-GAAP Financial Measures" elsewhere)
-- The company secured $2,000,000 of strategic non-dilutive capital to take advantage of special opportunities (see "Strategic Non-Dilutive Loan Terms")
-- IV Hydreight, a wholly owned subsidiary of VST, entered into a Definitive Agreement to Complete Qualifying Transaction for a deemed transaction value of $22,575,000, of which approximately 78% is attributed to Hydreight and approximately 22% is attributed to PCL.
The Company's consolidated financial statements for the quarter ending June 30, 2022 along with its Management Discussion and Analysis (MD&A) are available under the Company's profile on SEDAR (www.sedar.com).
Portfolio Highlights:
"We have built up a diverse portfolio of over 25 companies from around the world in key sectors: Digital Health, Gaming, Web3, VR/AR, the Creator Economy and Renewables. Our high quality deal flow is generated via established relationships with over 80 incubators around the world" said Victory Square CEO Shafin Diamond Tejani.
Hydreight - 518% Year-Over-Year New Business Partner Sign-ups
Creator.co - 200% Year-Over-Year Growth
GameOn ("GET") - announced a partnership with immersive content pioneer, Tetavi, for a first-of-its-kind NFT music discovery game that allows fans to discover new music, invest in artists/songs, build their own 'record label,' and receive royalties based on streams and charts.
XR Immersive Tech ("VRAR") - Synthesis VR software platform has grown to become the largest VR out of home entertainment marketplace for games, educational and training experiences worldwide. Synthesis had over 400 VR arcades globally and a market of over 325 VR games with over 20M player minutes.
Next Decentrum - Raised $4M USD to fund product development and market growth
Stardust Solar - 100% Year-Over-Year Growth
FansUnite ("FANS") - Commences Trading on the Toronto Stock Exchange
Turnium Technology Group Inc ("TTGI") - begins trading on the TSX Venture Exchange on Wednesday, June 22, 2022
Covalent CQT - 55 Team Members, 15,000+ Developers, Mature API stack for 26 blockchains, 20+ Hackathons, 2500+ Alchemists
CloudAdvisors - CloudAdvisors listed as 2022 New Innovators in Canadian Business
CoPilot - Release of Video by CoPilot
”
https://www.otcmarkets.com/otcapi/company/financial-report/345524/content
Level up your trading with our powerful tools and real-time insights all in one place.
Hot Features
Premium
