Victory Square Technologies Inc (VSQTF)

[mick]

https://www.otcmarkets.com/stock/VSQTF

[77Port]

Got a nice $5 Starbucks card as a thank you for being a VS Shareholder.

I went to local SB, ordered a Nitro cold brew, $4.75 + tax.

Never had one of those before. Can you imagine? A $5 cold coffee.

Total = $5.38.

Scanned email bar code. Checker told me the card only had $3.82.

I said, "that can't be." Showed the email. She called the manager who also looked at the email.

We were flummoxed.

Then I saw it: $5.00CAD.

Those Canadians. Never learned how to properly count.

[happyglass]

Excellent video of Shafin Diamond in an interview on Agoricom

[mick]

https://www.otcmarkets.com/stock/VSQTF

[StockLogistics]

3 and 6 month chart consolidation is completed, Company is mostly digital in its ownership stakes, meaning they are not effected by covid and actually benefit from it imo.

[StockLogistics]

Great 4th quarter results, great SS given the amount of acquisitions they’ve made, very impressive company here imo

Share Structure

Market Cap Market Cap
33,320,229
11/29/2021
Authorized Shares
Unlimited
10/29/2021
Outstanding Shares
97,200,200
10/29/2021
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
75,000
10/29/2021
Float
67,447,186
09/02/2021
Par Value
No Par Value

[StockLogistics]

“ 11:05p ET 11/29/2021 - Globe Newswire
Victory Square Technologies Reports Nine Months Ended September 30, 2021

"2021 has been a year of continued growth and new opportunities for Victory Square. Q3 2021 was another strong quarter in which we achieved a seventh consecutive quarter with positive comprehensive income, issued a share dividend, and successfully listed Fantasy 360 Technologies Inc. (CSE:VRAR). Our balance sheet has never been stronger and our team is laser focused on unlocking value from the existing portfolio, and building a pipeline of new opportunities through strategic investment and acquisitions." - Shafin Diamond Tejani, Chief Executive Officer of Victory Square.

Victory Square Technologies Inc. ("Victory Square" or "Company") (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that 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, announces it has filed its consolidated condensed interim financial statements and associated management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2021.

"Q3 2021 was another strong quarter for Victory Square in which we achieved a seventh consecutive quarter with positive comprehensive income, issued a share dividend, and successfully listed Fantasy 360 Technologies Inc. (CSE:VRAR)," said Shafin Diamond Tejani, Chief Executive Officer of Victory Square. "We are living in the midst of the 4th Industrial Revolution; The Tech Revolution that will undoubtedly change everything as we know it. Web 3.0, Blockchain, Gaming, the Creator Economy and VR/AR are sectors that Victory Square has invested in. We offer investors the chance to invest in the most exciting tech trends all in one place," said Tejani.

Financial Highlights for the nine months ended September 30, 2021:

-- adjusted net income of $2,356,962*; and

-- adjusted basic earnings per share was $0.03*.

-- the Company ended the nine months with working capital of $7,800,277.

-- the Company had an unrealized fair value gain of $5,992,945 on their Covalent CQT tokens

* During the nine months ended September 30, 2021, the Company had a net loss from continuing operations of $1,097,818, adjusted for non-cash costs for share-based payments of $2,385,008 and non-controlling interest for the period of $1,069,772, the adjusted net income of the Company was $2,356,962. Adjusted basic earnings per share was $0.03. Comprehensive income for the nine months ended September 30, 2021 was $2,991,525.

The Company's condensed consolidated interim financial statements for the three and nine months ended September 30, 2021 along with its MD&A are available under the Company's profile on SEDAR at www.sedar.com.

Business Highlights for the nine months ending September 30, 2021:

-- The Company Implemented Normal Course Issuer Bid Share Buy-Back Program**

-- Issued a Special Common Share Dividend of Its Interest in GameOn Entertainment Technologies Inc.

-- Issued a Special Common Share Dividend of Its Interest in Fantasy 360 Technologies Inc. dba Immersive Tech

-- Announced Oversubscribed Financings for Portfolio Companies: GameOn (CSE:GET), Immersive Tech (CSE:VRAR), Fansunite (CSE:FANS) and Covalent CQT Token

-- Acquired IV Hydreight Inc., a Mobile Health and Online Pharmacy Solution

-- Completion of Investment in Renewable Energy Company - Stardust Solar Inc.

-- GameOn Entertainment Technologies (CSE:GET) officially began trading on the Canadian Securities Exchange in June 2021

-- Fantasy 360 Technologies Inc. dba Immersive Tech (CSE: VRAR) officially began trading on the Canadian Securities Exchange in September 2021

-- Signed a Follow-on Investment in the #4 Ranked Influencer Platform - Creator.co.

**In January 2021, the Company announced its intention to commence a normal course issuer bid ("NCIB") for its common shares. The board of directors of the Company believes that the recent market prices of the Company's common shares (the "Shares") do not properly reflect the underlying value of such Shares, and that the purchase of the Shares would be a desirable use of corporate funds in the best interests of the Company and its shareholders. During the nine months ended September 30, 2021, the Company purchased 130,000 common shares under the NCIB for cancellation.

Victory Square integrates a strong ESG (environmental, social and corporate governance) component throughout its operations. Our portfolio highlights minority entrepreneurs, often overlooked by traditional investors, including many from developing countries. We are also dedicated to giving back to the communities in which we serve and operate. The Company's mandate is to assist organizations through its time, talent and treasure. The Company is committed to organizations that provide services in the youth, mental health, special needs, sport, tech, education, marginalized groups, First Nations, and accessibility sectors.

Check out VictorySquare.com and sign up to VST's official newsletter at www.VictorySquare.com/newsletter.

On behalf of the Board of Directors

"Shafin Diamond Tejani"

Director and Chief Executive Officer

Victory Square Technologies Inc.

www.victorysquare.com

For further information about Victory Square, please contact:

Investor Relations

Contact - Edge Communications Group”

[mick]

something write about Victory Square Technologies Inc. (VSQTF)'

victory sq

[Nelson2]

Not sure why u post the quote when I can look to the upper left of the screen and it’s right there
But whatever

GLTU

[mick]

yes they will Victory Square Techn (VSQTF)
0.3348 ? -0.00738 (-2.16%)
Volume: 136,765 @11/12/21 3:33:43 PM EST
Bid Ask Day's Range
0.33 0.36 0.312 - 0.342
VSQTF Detailed Quote

[Nelson2]

Good stuff. Thanks mate

One day this company will be recognized

GLTU

[happyglass]

One of the Victory Square babies….VRAR Fantasy 360

[mick]

Victory Square Techn (VSQTF)
0.33 ? -0.0031 (-0.93%)
Volume: 51,517 @11/05/21 3:42:00 PM EDT
Bid Ask Day's Range
0.295 0.37 0.325 - 0.3334
VSQTF Detailed Quote

[happyglass]

I like their focus on new ideas that solve problems.

[Nelson2]

Good skinny. Thank you

So back in March they felt the stock was undervalued at .83 cents when they bought

NICE

[77Port]

Thanks for the effort. The recent email explanation showed they had bought back 292,500 shares, so far. Let's hope they reach 10%, or more? That would be nice.

[thumper1]

fwiw: etrade showing 97.5 million shares outstsanding...appears more acurate...taking in the buyback

[thumper1]

for outstanding shares; i go to yahoo finance, type in the stock symbol, get the market cap (34,193,000) divide by current share price (.338) equals the outstandind shares.

i dont have a calculator with me...but a little over 100 million shares for VSQTF.

[happyglass]

That is how I feel about it too. I am not sure about share count, I thought I heard the CEO mention it and the plans going forward in an interview but that was a while ago. It is probably in this chat’s thread.

[77Port]

No complaints from me. Love the share buyback program. I didn't know this was happening.

I've been worried about a reverse split, so a buyback is very welcome news.

Do you know the total shares outstanding? I searched but couldn't find the info.
.

[happyglass]

This incubator has a lot on the ball. They are using many tools to provide value.

View this email in your browser

Victory Square Technologies Inc. Provides an Update on Its Share Buy-Back Program
Victory Square has a diverse portfolio of 20+ companies from around the world in key sectors: digital health, gaming, crypto, VR/AR, creator economy, cybersecurity and green tech
Healthy balance sheet of 6 consecutive quarters of positive net income and earnings per share
Record Net Income of $19,733,031 and positive earnings per share of $0.30 in Fiscal 2020
Victory Square issued 2 special common share dividends in 2021 in connection with its positions in GameOn Entertainment Technologies Inc. (CSE:GET) and Fantasy 360 Technologies Inc. (CSE:VRAR)
VANCOUVER, British Columbia, October 21, 2021 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. ("Victory Square" or the "Company") (CSE:VST) (OTC:VSQTF) (FWB:6F6), a technology accelerator building future tech giants, reports on the progress of its normal course issuer bid program (the "NCIB"). The NCIB was initiated on January 25, 2021, pursuant to applicable securities laws and the rules of the Canadian Securities Exchange (the "Exchange").

In connection with the NCIB, the Company has retained the services of Haywood Securities Inc., as its Exchange member and broker (the "Broker") to assist with the NCIB. The common shares of the Company (the "Shares") are purchased over the facilities of the Exchange, or through alternative trading systems to the extent approved by the Exchange, at the market price on the date the Shares are acquired by or on behalf of the Company. The NCIB is an automatic securities purchase plan, such that the specific timing of any share purchase under the program will be determined by the Broker in accordance with applicable laws and standing instructions from management with respect to maximum price and total funds available for purchases.

The Company has and intends to continue to (a) not purchase Shares in the aggregate number of more than 20% of the daily trading volume, (b) not purchase Shares in the last 30 minutes of a trading day, and (c) only bid on Shares (however, the Company may buy an offer if it was the last traded price). There can be no assurance as to the precise number of Shares that will be repurchased under the NCIB or the price at which they will be purchased, and the Company may discontinue its purchase at any time, subject to compliance with applicable regulatory requirements.

The following transactions have been made under the program:

Date Number Of Shares Average Purchase Price
5 March 2021 55,000 $0.70
16 March 2021 50,000 $0.83
30 September 2021 25,000 $0.3970
1 October 2021 22,000 $0.3961
4 October 2021 12,500 $0.3938
8 October 2021 8,000 $0.4391
12 October 2021 30,500 $0.4412
13 October 2021 15,000 $0.4369
14 October 2021 19,500 $0.4332
15 October 2021 19,000 $0.4473
18 October 2021 23,500 $0.4280
19 October 2021 12,500 $0.4140
Total 292,500


The Company intends to continue the NCIB because it believes that the market price of the Shares, from time to time, may not reflect their underlying value. The Company is of the view that expending some of the Company's available capital to purchase Shares for cancellation, so that they can be reissued at a higher share price in future financings, is expected to provide a net benefit to the Company and its shareholders.

Check out Victory Square corporate update below:

Victory Square Technologies Provides Corporate Update as at August 17, 2021

On behalf of the board,

Shafin Diamond Tejani
Chief Executive Officer
Victory Square Technologies

For further information about the Company, please contact:

Investor Relations Contact – Edge Communications Group
Email: [e-mail]
Telephone: [phone]

Media Relations Contact – Howard Blank, Director
Email: [e-mail]

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record.

Victory Square's sweet spot is the cutting-edge tech that's shaping the fourth industrial revolution. Our portfolio consists of 20+ global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.

What we do differently for startups

Victory Square isn't just another investor. With real skin in the game, we're committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24- 36 months, you'll scale and be ready to monetize.

What we do differently for investors

For investors, we offer early-stage access to the next unicorns before they're unicorns. Our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we're able to provide strong and stable returns while also tapping into emerging global trends with big upsides.

Environmental, Social and Corporate Governance ("ESG")

Victory Square integrates a strong ESG component throughout its operations. Our portfolio highlights minority entrepreneurs, often overlooked by traditional investors, including many from developing countries. We are also dedicated to giving back to the communities in which we serve and operate. The Company's mandate is to assist organizations through its time, talent and treasure. The Company is committed to organizations that provide services in the youth, mental health, special needs, sport, tech, education, marginalized groups, First Nations, and accessibility sectors.

Victory Square is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSTQF).

For more information, please visit www.victorysquare.com.

Forward Looking Statement

This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance, execution of business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries, the anticipated benefits of the NCIB and continued implementation of the NCIB, and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as "believes", "expects", "anticipates", "estimates", "intends", "plans", "continues", "project", "potential", "possible", "contemplate", "seek", "goal", or similar expressions, or may employ such future or conditional verbs as "may", "might", "will", "could", "should" or "would", or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Twitter
Facebook
Website
Copyright © 2021 Victory Square Technologies, All rights reserved.
You are receiving this email because you opted in via our website or have expressed interest in doing so to a Victory Square representative.

Our mailing address is:
Victory Square Technologies
1080 - 789 West Pender Street
Vancouver, BC V6C 1H2
Canada

Add us to your address book


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[77Port]

The trouble with being an incubator is income inconsistency. They need 50/500 more companies where enough have success to develop reliable revenue sources. So many small companies, mostly reliant on new concepts like online gaming, blockchain or other such things, makes VS vulnerable to every market mood swing. Almost hate to say this, but it might take until the next bitcoin halving for the reality of scarcity to push bitcoin and blockchain into the adult world of financial forces. That's where the real heavweights fight it out. Right now we're still in the infancy stage. VS's job is to stay above water and not drown. So far so good.

[Nelson2]

Well, this is a nice day but way overdue!

GLTA

[Nosnibor]

No but I am holding my entire position. I think it is a lack of awareness and therefore investor interest (buying).

[mauiguy2]

I'm still scratching my head as to the reason we've dropped well over 50% in the last few months. We even briefly dipped into the .20's today. Does anybody here have a good explanation?

[StockLogistics]

About two months away from turn around here imo as per 6 month chart

[mick]

Victory Square Techn (VSQTF)
0.3649 ? 0.0057 (1.59%)
Volume: 114,099 @09/22/21 3:29:11 PM EDT
Bid Ask Day's Range
0.2561 0.39 0.3548 - 0.375593
VSQTF Detailed Quote

[StockLogistics]

OTCQX Member Since 08/2018
OTCQX International
Verified Profile 09/2021
Penny Stock Exempt
Transfer Agent Verified
Independent Directors

Share Structure

Market Cap Market Cap
35,019,378
09/21/2021
Authorized Shares
Unlimited
08/31/2021
Outstanding Shares
97,492,700
08/31/2021
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
75,000
08/31/2021
Float
67,447,186
09/02/2021

[StockLogistics]

“8:15p ET 8/30/2021 - Globe Newswire
Victory Square Technologies Reports Record 6th Consecutive Quarter With Positive Net Income & Earnings Per Share

-- During the six months ending June 30, 2021, the adjusted net income of the Company was $7,653,255*. Adjusted basic earnings per share were $0.08* and diluted earnings per share were $0.07*.

-- During the three months ending June 30, 2021, the adjusted net income of the Company was $2,222,180*. Adjusted basic earnings per share was $0.02* and diluted earnings per share was $0.02*.

-- Issued a special dividend of common shares of its portfolio company GameOn Entertainment Technologies Inc. (CSE:GET) ("GameOn") in May 2021

-- Issued a special dividend of common shares of its portfolio company Fantasy 360 Technologies Inc. (CSE (reserved):VRAR) ("Immersive") subsequent in August 2021

Victory Square Technologies Inc. ("Victory Square" or "Company") (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that provides investors access to a diverse portfolio of next generation technology companies in key sectors including: the Creator Economy, Digital Health, Gaming, Web 3.0, VR/AR and Green Tech, announces it has filed its consolidated condensed interim financial statements and associated management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2021.

"Q2 2021 was another strong quarter for Victory Square in which we achieved a sixth consecutive quarter with positive net income & earnings per share, issued a share dividend, and listed GameOn (CSE:GET). In addition to closing our investment in Stardust Solar Technologies Inc. ("Stardust"), we closed an oversubscribed financing for Immersive, launched DiscreetCare.com and Covalent Network Corporation completed a $10,000,000 USD public sale of their CQT token," said Shafin Diamond Tejani, Chief Executive Officer of Victory Square.

Financial Highlights for the three months ending June 30, 2021:

-- adjusted net income of $2,222,180*;

-- adjusted basic earnings per share was $0.02* and diluted earnings per share was $0.02*; and

Financial Highlights for the six months ending June 30, 2021:

-- adjusted net income of $7,653,255*; and

*During the three months ended June 30, 2021, the company had net income from continuing operations of $1,144,572, adjusted for non-cash costs for share based payments of $519,548, and non-controlling interest for the period of $558,060, the adjusted net income of the Company was $2,222,180. Adjusted basic earnings per share was $0.02 and diluted earnings per share was $0.02.

* During the six months ended June 30, 2021, the Company had net income from continuing operations of $4,583,453, adjusted for non-cash costs for share-based payments of $2,085,606 and non-controlling interest for the period of $984,196, the adjusted net income of the Company was $7,653,255. Adjusted basic earnings per share was $0.08 and diluted earnings per share was $0.07.

The Company's consolidated financial statements for the quarter ending June 30, 2020 along with its MD&A are available under the Company's profile on SEDAR at www.sedar.com.

Business Highlights for the three months ending June 30, 2021:

April 2021

-- Victory Square Technologies reported record net income of $19,733,031 and positive earnings Per Share of $0.30 in Fiscal 2020;

-- Immersive closed an oversubscribed financing;

-- Immersive announced an LOI with Autobahn Indoor Speedway for an initial purchase of their "UNCONTAINED" VR Attraction with an option to purchase up to 10 units;

May 2021

-- Victory Square declared a special dividend of common shares in portfolio company GameOn;

June 2021

-- GameOn officially began trading on the Canadian Securities Exchange on June 1, 2021;

-- Victory Square Announced completion of investment in renewable energy company - Stardust;

-- Immersive announced the appointment of Alvin Wang Graylin to its Board of Directors. Mr. Graylin currently serves as the China President of HTC Corporation, managing all aspects of HTC's business in the China Region;

-- GameOn announced an exclusive partnership with India's entertainment super app MXPlayer that will introduce cricket prediction games for mobile to their service;

-- Cloud Advisors announced the launch of Canada's first digital employer and employee benefits marketplace;

-- Covalent closed $10 million USD in a public sale of its CQT token on the distribution platform CoinList;

-- Immersive announced the appointment of Metaverse Leader Cathy Hackl to its Board of Directors;

-- VR/AR Thought Leader and Industry Expert Dan Burgar ioined Immersive as advisor;

Subsequent business highlights to June 30, 2021:

July 2021

-- Victory Square portfolio company Turnium Technology Group Included on the Ready to Rocket list for 2021 of British Columbia-based technology companies set for faster growth;

-- FansUnite Entertainment Technologies Inc. ("FansUnite") Closed $24,792,390 Public Offering of Units;

-- GameOn announced a partnership with Blockparty to launch a first-of-its-kind NFT predictor product;

-- Stardust became the first and the only coast to coast authorized Canadian dealer of the highly sought-after solar and energy services provider, SunPower;

August 2021

-- FansUnite Granted UK Gambling Licenses for B2C and B2B Businesses;

-- Victory Square Signed an LOI for a Follow-on Investment in One of the Top 10 Ranked Influencer Platforms - Creator.co;

-- Victory Square portfolio company, Immersive Received Conditional Approval to list on the Canadian Securities Exchange under the Symbol CSE: VRAR;

-- Victory Square declared and issued a special dividend of common shares in portfolio company Immersive; and

Outlook:

The Company expects to focus on the following primary goals for the next 90 - 120 days are:

-- Immersive to start trading on the Canadian Securities Exchange Under Symbol (CSE:VRAR);

-- consider other opportunities for public listings for its other portfolio companies;

-- issue the second tranche of its special dividend of common shares of portfolio company Immersive before the end of the current calendar year.

-- expand Hydreight's strategic Sales and Marketing Agreement with Medline Industries Inc. to provide Hydreight's full-suite of mobile digital health solutions and telemedicine platform to Medline's Clients (surgery centres, skilled nursing facilities, home care agencies, nursing homes, hospice care, hospital laundries);

-- work with Creator.co to grow their existing platform, and to complete the development of an add-on feature which will allow creators to launch their own digital currency powered by the blockchain;

-- look for additional investment opportunities in ventures working on the following: EV Solutions, Renewable Energy, Digital Assets Management, FinTech (Rent now, Pay later), Employee Health & Wellness, and The Creator Economy;

-- continuing to work on new digital health technology that allows for whitelabeling for enterprise brands and customers;

-- completing the "Friendly PC" model certifications in the United States;

-- help to continue to organically grow existing portfolio companies; and

Finally, Victory Square integrates a strong ESG (environmental, social and corporate governance) component throughout its operations. Our portfolio highlights minority entrepreneurs, often overlooked by traditional investors, including many from developing countries. We are also dedicated to giving back to the communities in which we serve and operate. The Company's mandate is to assist organizations through its time, talent and treasure. The Company is committed to organizations that provide services in the youth, mental health, special needs, sport, tech, education, marginalized groups, First Nations, and accessibility sectors.

The company and the management team contributed approximately $500,000 in donations to: Variety The Children Charity of BC, CKNW KIDS FUND, Simon Fraser University Tech Camp, The BC Sports Hall of Fame & Museum, Covenant House Vancouver, YWCA, Coast Mental Health, The Cerebral Palsy Association of BC, Mealshare and the BC Children's Hospital Foundation. These gifts are in conjunction with VST's "GIVING BACK" pledge made by its Executive, Staff, and Board.

"We are living in the midst of the 4th Industrial Revolution; The Tech Revolution that will undoubtedly change everything as we know it," said Shafin Diamond Tejani. "Digital health, AR/VR, Cybersecurity, Gaming, Sports, Entertainment, and Web 3.0 are sectors that Victory Square has invested in. We offer investors the chance to invest in the most exciting tech trends all in one place."

Check out VictorySquare.com and sign up to VST's official newsletter at www.VictorySquare.com/newsletter.

On behalf of the Board of Directors

"Shafin Diamond Tejani"

Director and Chief Executive Officer

Victory Square Technologies Inc.

www.victorysquare.com”

[StockLogistics]

Cup and handle price target $2.33 imo

[StockLogistics]

Great numbers and outlook, profit generating making lots of deals, all imo

“ 8:15p ET 8/30/2021 - Globe Newswire
Victory Square Technologies Reports Record 6th Consecutive Quarter With Positive Net Income & Earnings Per Share
Mentioned: VSQTF
-- During the six months ending June 30, 2021, the adjusted net income of the Company was $7,653,255*. Adjusted basic earnings per share were $0.08* and diluted earnings per share were $0.07*.

-- During the three months ending June 30, 2021, the adjusted net income of the Company was $2,222,180*. Adjusted basic earnings per share was $0.02* and diluted earnings per share was $0.02*.

-- Issued a special dividend of common shares of its portfolio company GameOn Entertainment Technologies Inc. (CSE:GET) ("GameOn") in May 2021

-- Issued a special dividend of common shares of its portfolio company Fantasy 360 Technologies Inc. (CSE (reserved):VRAR) ("Immersive") subsequent in August 2021

Victory Square Technologies Inc. ("Victory Square" or "Company") (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that provides investors access to a diverse portfolio of next generation technology companies in key sectors including: the Creator Economy, Digital Health, Gaming, Web 3.0, VR/AR and Green Tech, announces it has filed its consolidated condensed interim financial statements and associated management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2021.

"Q2 2021 was another strong quarter for Victory Square in which we achieved a sixth consecutive quarter with positive net income & earnings per share, issued a share dividend, and listed GameOn (CSE:GET). In addition to closing our investment in Stardust Solar Technologies Inc. ("Stardust"), we closed an oversubscribed financing for Immersive, launched DiscreetCare.com and Covalent Network Corporation completed a $10,000,000 USD public sale of their CQT token," said Shafin Diamond Tejani, Chief Executive Officer of Victory Square.

Financial Highlights for the three months ending June 30, 2021:

-- adjusted net income of $2,222,180*;

-- adjusted basic earnings per share was $0.02* and diluted earnings per share was $0.02*; and

Financial Highlights for the six months ending June 30, 2021:

-- adjusted net income of $7,653,255*; and

*During the three months ended June 30, 2021, the company had net income from continuing operations of $1,144,572, adjusted for non-cash costs for share based payments of $519,548, and non-controlling interest for the period of $558,060, the adjusted net income of the Company was $2,222,180. Adjusted basic earnings per share was $0.02 and diluted earnings per share was $0.02.

* During the six months ended June 30, 2021, the Company had net income from continuing operations of $4,583,453, adjusted for non-cash costs for share-based payments of $2,085,606 and non-controlling interest for the period of $984,196, the adjusted net income of the Company was $7,653,255. Adjusted basic earnings per share was $0.08 and diluted earnings per share was $0.07.

The Company's consolidated financial statements for the quarter ending June 30, 2020 along with its MD&A are available under the Company's profile on SEDAR at www.sedar.com.

Business Highlights for the three months ending June 30, 2021:

April 2021

-- Victory Square Technologies reported record net income of $19,733,031 and positive earnings Per Share of $0.30 in Fiscal 2020;

-- Immersive closed an oversubscribed financing;

-- Immersive announced an LOI with Autobahn Indoor Speedway for an initial purchase of their "UNCONTAINED" VR Attraction with an option to purchase up to 10 units;

May 2021

-- Victory Square declared a special dividend of common shares in portfolio company GameOn;

June 2021

-- GameOn officially began trading on the Canadian Securities Exchange on June 1, 2021;

-- Victory Square Announced completion of investment in renewable energy company - Stardust;

-- Immersive announced the appointment of Alvin Wang Graylin to its Board of Directors. Mr. Graylin currently serves as the China President of HTC Corporation, managing all aspects of HTC's business in the China Region;

-- GameOn announced an exclusive partnership with India's entertainment super app MXPlayer that will introduce cricket prediction games for mobile to their service;

-- Cloud Advisors announced the launch of Canada's first digital employer and employee benefits marketplace;

-- Covalent closed $10 million USD in a public sale of its CQT token on the distribution platform CoinList;

-- Immersive announced the appointment of Metaverse Leader Cathy Hackl to its Board of Directors;

-- VR/AR Thought Leader and Industry Expert Dan Burgar ioined Immersive as advisor;

Subsequent business highlights to June 30, 2021:

July 2021

-- Victory Square portfolio company Turnium Technology Group Included on the Ready to Rocket list for 2021 of British Columbia-based technology companies set for faster growth;

-- FansUnite Entertainment Technologies Inc. ("FansUnite") Closed $24,792,390 Public Offering of Units;

-- GameOn announced a partnership with Blockparty to launch a first-of-its-kind NFT predictor product;

-- Stardust became the first and the only coast to coast authorized Canadian dealer of the highly sought-after solar and energy services provider, SunPower;

August 2021

-- FansUnite Granted UK Gambling Licenses for B2C and B2B Businesses;

-- Victory Square Signed an LOI for a Follow-on Investment in One of the Top 10 Ranked Influencer Platforms - Creator.co;

-- Victory Square portfolio company, Immersive Received Conditional Approval to list on the Canadian Securities Exchange under the Symbol CSE: VRAR;

-- Victory Square declared and issued a special dividend of common shares in portfolio company Immersive; and

Outlook:

The Company expects to focus on the following primary goals for the next 90 - 120 days are:

-- Immersive to start trading on the Canadian Securities Exchange Under Symbol (CSE:VRAR);

-- consider other opportunities for public listings for its other portfolio companies;

-- issue the second tranche of its special dividend of common shares of portfolio company Immersive before the end of the current calendar year.

-- expand Hydreight's strategic Sales and Marketing Agreement with Medline Industries Inc. to provide Hydreight's full-suite of mobile digital health solutions and telemedicine platform to Medline's Clients (surgery centres, skilled nursing facilities, home care agencies, nursing homes, hospice care, hospital laundries);

-- work with Creator.co to grow their existing platform, and to complete the development of an add-on feature which will allow creators to launch their own digital currency powered by the blockchain;

-- look for additional investment opportunities in ventures working on the following: EV Solutions, Renewable Energy, Digital Assets Management, FinTech (Rent now, Pay later), Employee Health & Wellness, and The Creator Economy;

-- continuing to work on new digital health technology that allows for whitelabeling for enterprise brands and customers;

-- completing the "Friendly PC" model certifications in the United States;

-- help to continue to organically grow existing portfolio companies; and

Finally, Victory Square integrates a strong ESG (environmental, social and corporate governance) component throughout its operations. Our portfolio highlights minority entrepreneurs, often overlooked by traditional investors, including many from developing countries. We are also dedicated to giving back to the communities in which we serve and operate. The Company's mandate is to assist organizations through its time, talent and treasure. The Company is committed to organizations that provide services in the youth, mental health, special needs, sport, tech, education, marginalized groups, First Nations, and accessibility sectors.

The company and the management team contributed approximately $500,000 in donations to: Variety The Children Charity of BC, CKNW KIDS FUND, Simon Fraser University Tech Camp, The BC Sports Hall of Fame & Museum, Covenant House Vancouver, YWCA, Coast Mental Health, The Cerebral Palsy Association of BC, Mealshare and the BC Children's Hospital Foundation. These gifts are in conjunction with VST's "GIVING BACK" pledge made by its Executive, Staff, and Board.

"We are living in the midst of the 4th Industrial Revolution; The Tech Revolution that will undoubtedly change everything as we know it," said Shafin Diamond Tejani. "Digital health, AR/VR, Cybersecurity, Gaming, Sports, Entertainment, and Web 3.0 are sectors that Victory Square has invested in. We offer investors the chance to invest in the most exciting tech trends all in one place."

Check out VictorySquare.com and sign up to VST's official newsletter at www.VictorySquare.com/newsletter.

On behalf of the Board of Directors

"Shafin Diamond Tejani"

Director and Chief Executive Officer

Victory Square Technologies Inc.

www.victorysquare.com”

[StockLogistics]

“8:00a ET 9/20/2021 - Globe Newswire
Victory Square Portfolio Company, Fantasy 360 Technologies Inc., Signs Binding Letter of Intent to Acquire Synthesis VR Inc., A leading Location-based Virtual Reality Content Store & Technology Engine Powering 300 Global Locations

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES./

Victory Square Technologies Inc. ("Victory Square'' or "Company") (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company, Fantasy 360 Technologies Inc. d/b/a Immersive Tech ("Immersive Tech" or "Fantasy 360" ) (CSE:VRAR) has signed a binding letter of intent (the "LOI") dated September 17, 2021 in respect of the acquisition (the "Acquisition") of all of the shares of Synthesis VR Inc. ("Synthesis VR"), A leading Location-based Virtual Reality ("VR")content store & technology engine empowering nearly 300 out-of-home entertainment locations worldwide. Synthesis VR serves more than the Location-based entertainment industry with its first to market and industry leading technology but also operates a broader sandbox platform serving the education and enterprise sectors as well.

As one of the largest and most active location-based VR communities globally, Synthesis VR has seen a large uptick in client operator growth and player engagement across its network. So far in 2021 alone the Synthesis VR global community has already logged over 10,000,000 minutes of game play with over 600,000 booking reservations across its global network of 300+ operator centers and 130,000+ active users. This is a sharp rise in player engagement and bookings over 2019 & 2020 which continued to see strong growth even through a global pandemic. Their catalogue of games and other experiences also continues to grow, to over 325, as the VR entertainment industry as a whole has seen large spikes in audience and game developers creating more VR games to answer the consumer demand as a result of the global pandemic.

VR and augmented reality ("AR") is rapidly transforming every aspect of people's lives and businesses including paradigm shifts in entertainment, retail, manufacturing, healthcare, training and education industries. In a recent study published by PwC it was predicted that the VR/AR industry would grow from $148.5B in 2021 to contributing an estimated $1.5 Trillion to the global economy by 2030. And Out-of-Home entertainment is playing a major part in this growth.

Fantasy 360 has rapidly moved to scale up its team and product offerings to answer the increasing demand and interest in multiplayer hyper-immersive VR experiences. Fantasy 360 has previously focused on its Family Entertainment Center (FEC) clients and the general Out-of-home Entertainment customers and is poised for rapid growth in this sector. Fantasy 360 has set its sights on the future with the creation of its UNCONTAINED Immersive Entertainment Platform and some heavy weight industry veterans are joining to help. Recently adding to its board of directors industry veterans Alvin Graylin (HTC China President, Virtual Reality Venture Capital Alliance President) and Cathy Hackl (CEO of Futures Intelligence Group, Metaverse Strategist, & Tech Futurist), to accelerate its plans in the out of home entertainment sector.

Fantasy 360 has positioned its UNCONTAINED turnkey attractions as the base for its strategic plan, creating an Immersive Entertainment Platform which goes far beyond conventional attraction manufacturing and unit sales, to a sophisticated platform encompassing hardware (attractions), technology (software to power an interconnected network) and content (app store, SDK and in-house studio) with an end game goal of being the physical portal to the Metaverse.

"We are extremely excited with the acquisition of Synthesis VR and delighted to welcome their talented team, clients and partners into the Fantasy 360 family. Together we will be able to accomplish so much more," said Tim Bieber, Fantasy 360 Technologies Chief Executive Officer. "The Synthesis technology engine is the most sophisticated in the industry and a perfect fit for our Immersive Entertainment Platform technology core and a base to build our larger vision on. The pedigree, experience and partnerships the Synthesis team brings will be invaluable to building a strong foundation for us to collectively build on and create magic together," added Bieber.

"We at Synthesis VR are very excited to be joining the Fantasy 360 family and continue to develop on our platform for our clients, many of whom have been with us since the beginning in 2017," said Shabeer Sinnalebbe, CEO of Synthesis VR. "This acquisition will allow our products and offerings to reach an even larger market and enable our dedicated team to assist and grow with Fantasy 360's impressive objectives for today and beyond. We couldn't be more thrilled for what the future brings for our team, clients and the industry as a whole," added Sinnalebbe.

The Synthesis technology stack, Content store, VR arcades & family entertainment center clients worldwide, and most importantly the team, make a perfect fit to Fantasy 360's strategic positioning in the creation of a next-gen Immersive Entertainment Platform. Offering a broader out-of-home entertainment market and the core technology behind Fantasy 360's interconnected network of UNCONTAINED Attraction units. The combined team will continue to invest to improve the current Synthesis VR technology engine, providing many new features to its existing operator base around the globe.

Fantasy 360 plans to not only adopt the Synthesis VR industry leading technology into its UNCONTAINED Immersive Entertainment Platform but to also market the standalone product offering to all its existing out-of-home entertainment clients and prospects in order to dramatically increase the user base utilizing the industry leading Synthesis VR software to power their VR gaming operations. The Synthesis package as offered currently to operators around the globe will continue to provide the existing level of superior technology, service and support including all the crowd favourite games, plus the addition of many new games that will start to be released across the platform.

The acquisition will see the Synthesis VR team continue in their roles and the development roadmap that Fantasy 360 had created prior to this acquisition will be accelerated with an additional investment into the Synthesis VR core platform. Many new features and capabilities will be added to the Synthesis platform, continuing to grow, and providing added revenue opportunities to the Company's growing family of customers.”

https://ml.globenewswire.com/media/090ad154-5c32-4d12-a1af-7eab2ebf5fb5/small/vst-2017-may-26-logo-stacked-png.png

[happyglass]

Here is another interesting company in VST’s portfolio :)

Victory Square Technologies Portfolio Company Turnium Technology Group Announces Onboarding of its SD-WAN Edge Solution to IBM Cloud for Telecommunications
Turnium Technology Group featured in the “READY TO ROCKET” list of BC based technology companies poised for substantial growth
VANCOUVER, British Columbia, August 25, 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 Turnium Technology Group Inc. (“Turnium” or “TTGI”) is collaborating with IBM to onboard its cloud-native SD-WAN edge solution to IBM Cloud for Telecommunications.

Turnium’s solution is designed to help connect customers, applications and devices by creating a new cloud extension service that helps customers to interconnect their offices, vehicles, and devices sites with IBM Cloud in a single private international network. This brings Turnium closer to realizing its vision to Connect Everything, Anywhere.

Turnium’s containerized SD-WAN edge solution is designed to simplify the process of adding and managing edge devices, and Turnium’s performance and scalability is designed to make it cost effective for enterprises to extend private SD-WAN networking to all sites using broadband, fixed wireless, LTE/4G, 5G, or fibre. Environments including bare metal, virtual machines, or container environments like RedHat OpenShift, OKD, nspawn, and various Linux(R) operating system distributions are available.

Turnium’s SD-WAN edge solution on the IBM Cloud for Telecommunications can help service providers and enterprises to leverage IBM’s open hybrid cloud platform from any site, branch office, vehicle, or IoT device cluster globally, to deploy connected edge cloud services in the cloud or IT environment they prefer. The IBM Cloud for Telecommunications, with IBM Cloud Satellite for on-premises deployments and leveraging Red Hat OpenShift, is also architected to help them address their industry-specific regulatory and security requirements.

Johan Arnet, CEO at TTGI said “we believe that onboarding our software-only, flexible SD-WAN solution to the IBM Cloud for Telecommunications, can create a cloud extension solution for telecoms, service providers, and customers. Our goal is to connect existing networks and reach every location, every branch, every device, and every cloud, including IBM Cloud, with a single network. With our technology in place, delivering and managing the customer experience of hybrid-multi-network and hybrid-multi-cloud applications can become achievable.”

Gartner forecasts the global SD-WAN market to reach $34.9B USD by 2022 based on the cost-savings and performance increases companies gain by moving from traditional telecommunications-based MPLS services to Internet-based SD-WAN. Turnium provides the technology, infrastructure and services that are designed for Enterprise customers to address savings and performance.

Last month Turnium announced that once again it was listed on the important “Ready to Rocket” list for 2021 (https://venturelabs.ca/announcing-2021-ready-to-rocket-list/). Published for the last 19 years, by Vancouver-based Rocket Builders, the list profiles British Columbia technology companies that are best positioned to capitalize on technology sector trends and experience faster growth than their peers.

Check out VictorySquare.com and sign up to VST’s official newsletter at www.VictorySquare.com/newsletter

On behalf of the Board of Directors,

[77Port]

Not much value yet. But free shares are like free pulls on a slot machine. Long shot, sure, but it's possible VSQTF gets bought by Penn casino or some other entity to give kids something fun to do while parents gamble. I'd rather have the 25 cent share than the 25 cents.

[rahrah]

I have the spin off shares as well, but I don’t see much value in them presently. Do you expect that to change anytime soon?

[77Port]

I agree 100%: "I am glad to see they are encouraging holding, it will deter flippers who are just here for the spin off dividend but not the underlying company."

And I was incorrect in my prior post. I also received GMETF shares, just didn't receive a notice about and didn't know I had them. What I can't find, is when they were added which seems odd. So, when the time comes for the Immersive date, I trust they will be added, too.

[happyglass]

I got the GET shares already the date of ownership is listed as Aug 20 for the first round on this new one. I do not recall them stating a date for the 2nd tranche just they would award them before the end of the year. I am glad to see they are encouraging holding, it will deter flippers who are just here for the spin off dividend but not the underlying company.

[mick]

https://www.otcmarkets.com/stock/vsqtf

[77Port]

This is second one this year where we're supposed to get spin-off share dividends. But I've seen no new shares. Does anybody know the timeline of when these shares are supposed to appear in our accounts?

[happyglass]

Just got an email update about immersive

Victory Square Technologies Declares a Special Common Share Dividend of Its Interest in Portfolio Company Fantasy 360 Technologies Inc. (dba Immersive Tech)
Victory Square to dividend out approximately 9,000,000 common shares in Fantasy 360 Technologies Inc. (“Immersive”) to its shareholders.
The Dividend will occur in two tranches of 4,500,000 Shares each.
Victory Square shareholders of record as of the close of business on August 20, 2021 will be entitled to receive the First Tranche Dividend of Immersive shares at a rate of approximately 46.68725 for each 1,000 Victory Square shares held.
The second tranche will consist of approximately an additional 4,500,000 Immersive Shares which will be eligible to Victory Square shareholders of record as of a date to be determined by Victory Square prior to the end of the current calendar year.
Victory Square is pleased to offer a second dividend of shares of a portfolio company this year following the recent issuance of the special common share dividend for its portfolio company GameOn Entertainment Technologies Inc.

VANCOUVER, British Columbia, August 12, 2021 (GLOBE NEWSWIRE) – Victory Square Technologies Inc. (“Victory Square” or “VST”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that is has declared a special dividend of common shares in the capital of its portfolio company Fantasy 360 Technologies Inc. dba Immersive Technologies (“Immersive”) to shareholders of Victory Square (the “Dividend”). The Dividend represents approximately 9,000,000 shares in Immersive in total (“Immersive Shares”) which will be distributed to Victory Square shareholders on separate dates as two different tranches. The company will follow CSE guidelines for this dividend distribution and is subject to CSE approval.

The first tranche will consist of approximately 4,500,000 Immersive Shares which will be eligible to Victory Square shareholders of record as of the close of business on August 20, 2021 (the “First Tranche Dividend”), at a rate of approximately 46.68725 Immersive Shares for each 1,000 Victory Square shares held. The First Tranche Dividend ratio is based on 96,386,043 Victory Square shares issued and outstanding on the date hereof.

The second tranche will consist of approximately an additional 4,500,000 Immersive Shares which will be eligible to Victory Square shareholders of record as of a date to be determined by Victory Square prior to end of the current calendar year.

Victory Square is also pleased to celebrate the recent issuance of the special common share dividend for its portfolio company GameOn Entertainment Technologies Inc. (CSE:GET) (announcement made on May 19, 2021)

The common shares issued as part of the Dividend have not been, and will not be, registered under the U.S. Securities Act and may not be offered or sold in the United States or to, or for the account or benefit of, “U.S. persons” (as defined in Regulation S under the U.S. Securities Act) absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the common shares issued as part of the Dividend in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

[77Port]

This will be Victory Square’s second dividend initiative in 2021
VANCOUVER, British Columbia, August 4, 2021

https://mailchi.mp/54d0b12d0fbc/victory-square-provides-corporate-update-on-record-year-13391723?e=61c5a2b436

Victory Square Technologies Announces Immersive Tech Share Dividend Initiative for VST Shareholders

Immersive Technologies Inc. Reserves to List Under the Symbol CSE: VRAR

(GLOBE NEWSWIRE) -- Victory Square Technologies Inc. ("Victory Square'' or the "Company") (CSE:VST) (OTC:VSQTF)(FWB:6F6) is pleased to announce that, as part of the Company’s long-term strategy to maximize shareholder value, the board of directors of the Company has approved a strategic dividend reward initiative to unlock the intrinsic value of its portfolio company, Fantasy 360 Technologies Inc. dba Immersive Tech (“Immersive”) by proposing a distribution of a portion of the common shares of Immersive currently held by the Company to shareholders of the Company. Victory Square will evaluate, consider and assess the mechanism by which to effect such distribution on a tax efficient and financially prudent basis, with the aim of ultimately capitalizing Immersive as a stand-alone publicly listed entity, following its public listing.
 
Shafin Diamond Tejani, Chief Executive Officer of Victory Square, commented: “Our Board along with myself and our Executive team believe that this strategic dividend reward with Immersive is in direct alignment with our vision to provide a strong recurring return on investment for our stakeholders. Our Team and Board at VST are very excited at the upcoming listing of Immersive that follows in the footsteps of the successful listings of our portfolio companies FansUnite (CSE:FANS) and GameOn (CSE:GET) .”

[Nosnibor]

Cheers fella

[happyglass]

Awesome! Thanks for the update :)

[Nineneji]

Looks like they are getting ready for the next dividend spinoff immersive tech just announced!!!!

[happyglass]

Here is what baby Game on is up to…..

And there are more in the pipeline

[Nelson2]

From my perspective nothing in the reasons I initially purchased this stock have changed. In fact the progress has been palpable
I will buy more down here then one day we can celebrate the “the good ole days” when the PPS rebounds

GLTU

[mauiguy2]

Hard to believe that the price has been cut in half during the past 2 months. I miss the "good ole days"!!

[Nelson2]

My apology for the delay mate. There is so much going on here. I invested in their IPO GameOn
Believe they are in a GREAT growth sector
Wish I could recall more for you

GLTU

[Nosnibor]

I still hold my entire position but it is only 10k. In summary why would you recommend investing more? I haven’t been following this one closely I’m afraid. TIA for your time if willing, Nelson.

[Nelson2]

If anyone has a penny stock that has better rev/profit than this one please let me know
Intelligent dry powder ready to deploy

Thank you!

GLTA