Netcapital Inc (NCPL)

[The Rainmaker]

VSTR All-in-One DD Post

New CEO Change in control filing

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12199008

Investor Presentation
https://api.valuesetters.com/sites/default/files/2017-09/ValueSette-DbMH0Aosog_0.pdf

ValueSetters Inc. (OTC:VSTR) announced the purchase of a 20% stake in AthenaSoft Corp. (“Athena”), a software, web and mobile apps development company. With this agreement, ValueSetters will operate as Athena’s business development arm. In conjunction with the acquisition, ValueSetters created a wholly-owned subsidiary, AthenaSoft Inc., to operate the software development business.

The company also announced that AthenaSoft Inc. has obtained a contract to design, build and maintain the mobile app for ChoiceTrade, an online broker-dealer. “We are excited about our partnership with Athena and the opportunity it will provide to help expand our technology consulting practice,” said ValueSetters’ CEO, Cecilia Lenk.

Now we know why the CEO was in India....Indian company

Company details
Website
http://athenasoftsolutions.com
Headquarters
Chandigarh, Chandigarh

Year founded
2008

Company type
Partnership

Company size
11-50 employees

https://www.linkedin.com/company/athenasoft/

ChoiceTrade http://www.choicetrade.com/

ValueSetters is a publicly traded, boutique advisory firm, based in Boston, MA. Our team of experts, including entrepreneurs, angel investors, and industry specialists, work with companies at all stages to provide assistance with capital raising, strategy, and technology consulting. Beginning in the first quarter of fiscal 2015, we began consulting for small companies and taking an equity stake in these companies in exchange for our services. With the addition of Cecilia Lenk as CEO and Sarah Quinn as CTO in July, 2017, the company began growing the advisory services component of its business. We plan to continue to take equity stakes in some companies and it remains our strategy to purchase part or all of early-stage companies and cross pollinate the ideas, technology and expertise within these companies to enhance the operations, profits and market share of all the entities, at an affordable price.

In those cases where we take an equity stake in an early-stage company for which we consult, we do not always record the investment as an asset on our books. Our policy is to record the investment, based on the value of our services rendered, only in instances where the early-stage company begins generating revenues. If the early-stage company is unable to generate revenues by the time we file our periodic reports, we do not consider our consulting services as revenue to our company.

One such company that we own equity in, as a result of our consulting services, is NetCapital Systems LLC. This company owns a Title III JOBS Act funding portal, and as of today is only one of 28 FINRA approved crowdfunding portals allowed to sell securities in startup companies to non-accredited investors, via the Internet. We continue to consult for NetCapital (see https://netcapital.com ) and have invested in additional early-stage companies that we met through NetCapital by providing our consulting services. We believe our investment and future revenue potential from our relationship with NetCapital is significant.

We also consulted for Zelgor, a mobile phone game company, which builds massive multiplayer online social games on top of the real world map. It combines elements of classic arcade games and GPS technology, and ValueSetters currently owns 5% of Zelgor, which recently raised additional capital through the Netcapital platform. See http://www.zelgor.com .

The company also has developed, and continues to operate and license, Internet-based technologies for online game players and app users. These are operated on an automated basis with the belief that Internet operations, customer sign-ups, sales and game playing should occur without requiring a Company employee to participate in the transaction, so that it is possible for the Company to quickly expand in the event the number of subscribers begins to rapidly grow on a viral basis. Our back-office software operates 24 hours a day and can quickly collect money from and deliver games to subscribers. Similarly, we created and license to onedotsport LLC a video-calling product with a dynamic booking system, which collects an upfront credit-card payment, so that fans can book a time to call their favorite athlete. The software allows a fan to reserve and pre-pay for a specific 20-minute period, which the athlete has made available for one-on-one video calls. The athlete confirms the call and when the call is over, the fan receives a photo of the call that can be posted on social media websites. The video call works in a browser via WebRTC technology so that the fan and the athlete do not need a video calling service and do not need to exchange phone numbers. A link is emailed to both video-call participants and they click on the link at the specified time and can speak to and see each other through their mobile phones, laptops, or webcams. The beta site is operational at https://www.1on1.fans .

Company started tweeting and using Facebook again
https://twitter.com/ValueSettersInc
https://www.facebook.com/Valuesetters/

Here is the Netcapital CEO with Jim Cramer. Remember VSTR owns over 10% of Netcapital and that is who feeds us many of our new client deals..

Jim Cramer interview with CEO of Netcaptial.

http://www.youtube.com/watch?v=TFkEHXUu2-8



During fiscal 2017, the Company acquired an equity interest in seven early-stage companies, Zelgor Inc., MadHat Media Inc, Chronability, Dark LLC, Storeboard Inc, Splyst LLC and Rivetz Corp. by issuing 10,000,000 shares of its common stock. During fiscal 2016 the Company acquired an equity interest in Dark LLC, Sportsclub LLC, Reper LLC and Cupcrew LLC in exchange for consulting services. The Company also is providing additional services for NetCapital Systems LLC, for which it earns equity, under a new agreement in August 2016.
Hidden value here comes from the fact the auditors wont let them count the stock they receive in the private companies yet. But that means when one of the companies can be valued suddenly there will be a big spike in assets and revenue. Maybe that's why they switched auditors...maybe the new auditor will let them show the stock they got as assets.

When the Company acquires equity in another entity in exchange for consulting services, the Company only recognizes consulting revenues on its income statement and the cost of the investment on its balance sheet in instances where the value of the early-stage company can be determined through publicly available evidence such as audited financial statements or a market value on a trading platform.
One such company that we own equity in, as a result of our consulting services, is NetCapital Systems LLC (“NetCapital”). This company owns a Title III JOBS Act funding portal, and as of today is only one of 28 FINRA approved crowdfunding portals allowed to sell securities in startup companies to non-accredited investors, via the Internet. We continue to consult for NetCapital (see https://netcapital.com) and have invested in additional early-stage companies that we met through NetCapital by providing our consulting services. We believe our investment and future revenue potential from our relationship with NetCapital is significant. We also consulted for Zelgor Inc., which has a mobile phone game, similar to Pokémon Go, which builds massive multiplayer online social games on top of the real world map. It combines elements of classic arcade games and GPS technology, and Valuesetters currently owns approximately 5% of Zelgor Inc. See http://www.zelgor.com. Our focus on games and social media has attracted three people to our advisory board who have experience with the development of Internet-based and smart-phone-based games and applications. Joe Abrams, Nolan Bushnell and John Fanning are three advisory board members

Nolan Kay Bushnell is an American electrical engineer and businessman. He established Atari, Inc. and the Chuck E. Cheese's Pizza Time Theatre chain.

Joe Abrams, the Co-Founder of Intermix (parent company of MySpace) and Software Toolworks,

John Fanning is an Internet and technology investor and entrepreneur who was a co-founder in 1999 of Napster, an Internet file-sharing service focused on music files that was invented by his nephew Shawn Fanning, along with Sean Parker. In September Valuesetters acquired a new customer that has raised $499,000, the maximum amount it was seeking, and ten times its goal, on NetCapital.com. Some info on new VSTR CEO.

Decision Resources, Inc., one of the world's leading research and advisory firms focusing on pharmaceutical and health care issues, announced today the promotion of Cecilia Lenk, Ph.D. to vice president of information technology for Decision Resources.

Over the past three years, Dr. Lenk has developed and led Decision Resources' technology strategy, which is key to the company's near- and longer-term business success. In collaboration with other departments throughout the company, she has launched a new web site, a content management system, a client contact system, new product digital platforms, a new intranet, and customer portals -- all of which are important to Decision Resources' top-line growth and product evolution.

"Cecilia is a tremendous asset to our company, given her firm understanding of the biopharmaceutical marketplace and the use of technology in achieving competitive advantage," said Sarah Fuller, president of Decision Resources.

Prior to joining Decision Resources in 2001, Dr. Lenk was president of Webivore Knowledge Systems. She has developed numerous national and international Internet initiatives in the areas of science, health, and science education for business clients and leading organizations including the National Science Foundation and the National Institutes of Health. Coreen Kraysler, CFA, Joins ValueSetters as CFO

Former Senior Vice President and Principal at Independence Investments Strengthens the Company’s Business Advisory Services

BOSTON, MA -- September 11, 2017 -- InvestorsHub NewsWire -- ValueSetters Inc. (OTC:VSTR) announced the hiring of Coreen Kraysler, CFA, as its Chief Financial Officer. Ms. Kraysler is a Chartered Financial Analyst, with over 30 years of investment experience. Formerly a Senior Vice President and Principal at Independence Investments, she managed several 5-star rated mutual funds as well as institutional accounts and served on the Investment Committee. She also worked at Eaton Vance as a Vice President, Equity Analyst on the Large and Midcap Value teams. A specialist in financial services, household and consumer products, she guest lectures at local colleges and universities. She received a B.A. in Economics and French, Cum Laude, from Wellesley College and a Master of Science in Management from MIT Sloan.

“We are pleased that a person of Coreen’s caliber is joining our management team,” said ValueSetters’ CEO, Cecilia Lenk. “Her business experience in analyzing and investing in companies, plus her expertise in financial services, household and consumer products companies will make her a valuable member of our team.”

“ValueSetters has made substantial progress this summer with the hiring of a new CEO and CTO, and I believe it will become a significant force in helping clients raise capital,” said Ms. Kraysler. “I have been particularly impressed with the versatility of its client base and the company’s commitment to the FinTech movement. ValueSetters has a referral agreement with netcapital.com, a leading Title III equity-based funding portal, and we look forward to growing that relationship.”

About ValueSetters:
ValueSetters is a publicly-traded, boutique advisory firm, based in Boston. Our team of experts, including entrepreneurs, angel investors, and industry specialists, work with companies at all stages to provide assistance with capital raising, strategy, and technology consulting. For more information, visit our web site at https://valuesetters.com/. Also if Netcapital does a Nasdaq IPO and we own over 10% of Netcapital that could be another huge catalyst.
Big thing is that feeder deal with netcapital. Everyone who raises money on netcapital is pitched VSTR's services. With the team they put together a lot of these start ups are going to want direction from all of our MIT geniuses.
Ending up owning a piece of 40 to 50 companies like the one's they own already

At ValueSetters, we sometimes take equity stakes in promising technology start-ups. We play an active role in growing these companies by providing strategic advice, technology consulting, and help with raising capital. A list of our portfolio companies is shown below.

https://valuesetters.com/partners
Our MIT Sloane School of Business Grad & new VSTR CFO said she is very excited to be a part of VSTR.

http://www.linkedin.com/feed/update/urn:li:activity:6313376002827386880


Coreen Kraysler, CFA
Chief Financial Officer at ValueSetters
2d
I am excited to join ValueSetters as CFO! https://lnkd.in/d27_Y9Q

One of VSTR's portfolio companies interesting

https://rivetzintl.com/

Did an ICO and got funded
https://rivetzintl.com/sale
Repost: Valuesetters Acquires an Interest in Chronability

March 21, 2017 08:00 ET | Source: Valuesetters Inc.
WHITE PLAINS, N.Y., March 21, 2017 (GLOBE NEWSWIRE) -- Valuesetters Inc. (OTC:VSTR) announced that it has acquired 100,000 shares, or 10 % of Chronability Inc., in conjunction with a consulting agreement that has been assigned to Valuesetters.

Valuesetter’s Chief Executive Officer, Manny Teixeira, said, “We are pleased to own a percentage of Chronability and we intend to help them develop their app, which empowers users to control their time, switch tasks and stay on budget. We believe Chronability’s management has created a significant mobile personal assistant that goes beyond other applications in this field.”

Chronability’s product is designed to make productivity fun, easy, and satisfying by redefining time management from worrying about an endless list of tasks and commitments to focusing on what really matters - your time. Chronability’s iPhone and Apple Watch app creates an anxiety-free time management experience by elegantly combining the best features of a calendar and a to-do list while leaving out their limitations. With cutting edge Apple Watch integration, you’re always only a glance away from knowing how much free time you have.
Repost: Valuesetters Acquires Additional Interest in NetCapital Systems

Accesswire AccesswireMarch 6, 2017

WHITE PLAINS, NY / ACCESSWIRE / March 6, 2017 / Valuesetters Inc. (OTC PINK: VSTR) announced that it has acquired an additional 1,000 membership units of NetCapital Systems LLC, or approximately 6%, in conjunction with a 4-year consulting agreement.

Valuesetters Chief Executive Officer, Manny Teixeira, said, "We are pleased to increase our ownership in NetCapital Systems, a company to which we have previously provided consulting services. We are excited about our relationship and the deal flow they believe they can provide us from the companies that list on the NetCapital private markets."

Last week, Valuesetters acquired a new customer that has raised $499,000, the maximum amount it was seeking, and ten times its goal, on NetCapital.com. Early-stage companies seeking to raise capital by issuing securities to investors under Section 4(a)(6) of the Securities Act of 1933, as amended, can choose to list their offering on NetCapital.com.

"The entire concept of raising capital on the Internet, and the emergence of the Title III funding portals, is creating a very exciting vehicle for entrepreneurs to get access to the capital markets," continued Teixeira. "We are pleased that we can indirectly participate in that space, providing advice and technology, and we continue to look at new corporations that we can incubate within our public company.
VSTR Our Team


CECILIA LENK, PhD CEO
With over 20 years of senior management experience, Cecilia was formerly Vice President of Technology and Digital Design at Decision Resources Inc., where she oversaw the implementation of new technologies, products, and business processes. Prior to joining Decision Resources, Cecilia founded a technology firm that built a patented platform for online research. She has managed large-scale technology projects in collaboration with leading organizations, including National Geographic Society, National Science Foundation, National Institutes of Health, and Harvard University and has served three terms as a Town Councilor in Watertown, MA. Cecilia has a Ph.D. in Biology from Harvard University and a BA (with honors) from Johns Hopkins University. She is Chair of the Johns Hopkins Engineering Alumni and serves on the Alumni Advisory Board for the Hopkins School of Engineering.

Coreen Kraysler
Coreen Kraysler, CFA CFO
Coreen is a Chartered Financial Analyst, with over 30 years of investment experience. Formerly a Senior Vice President and Principal at Independence Investments, she managed several 5-star rated mutual funds as well as institutional accounts and served on the Investment Committee. She also worked at Eaton Vance, as a Vice President, Equity Analyst on the Large and Midcap Value teams. A specialist in financial services, household and consumer products, she guest lectures at local colleges and universities. Coreen received a B.A. in Economics and French, Cum Laude, from Wellesley College and a Master of Science in Management from MIT Sloan.

Sarah Quinn
SARAH QUINN CTO
Sarah is a recent MIT graduate, with a Bachelor's Degree in Mathematics and Economics. She has deep financial and technological experience, having worked with one of MIT Sloan School's top professors. She was Captain of MIT's Cross Country and Track & Field teams and was awarded as an All-American, as well as an Academic All-American.

VSTR Cool concept actually.....

http://www.1on1.fans/

Similarly, we created and license to onedotsport LLC a video-calling product with a dynamic booking system, which collects an upfront credit-card payment, so that fans can book a time to call their favorite athlete. The software allows a fan to reserve and pre-pay for a specific 20-minute period, which the athlete has made available for one-on-one video calls. The athlete confirms the call and when the call is over, the fan receives a photo of the call that can be posted on social media websites. The video call works in a browser via WebRTC technology so that the fan and the athlete do not need a video calling service and do not need to exchange phone numbers. A link is emailed to both video-call participants and they click on the link at the specified time and can speak to and see each other through their mobile phones, laptops, or webcams. The beta site is operational at https://www.1on1.fans .
New CFO interview with Napster founder, I think he is or was on the advisory board here.

https://valuesetters.com/insights
Netcapital news from last month

https://www.techstars.com/content/accelerators/techstars-netcapital-form-strategic-partnership/