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From: http://www.valuesetters.com/investor_relations.php
Dear Shareholders and Interested Parties,
This week the company was made aware that an unauthorized bulk email was distributed to an unspecified number of email addresses regarding ValueSetters.
ValueSetters has not, and will not authorize the use of such methods to generate interest in the company.
We apologies for any inconvenience this may have caused our shareholders and any parties affected by the distribution.
Sincerely,
John Godzich
CEO
10-19-2007
From: http://www.valuesetters.com/investor_relations.php
Dear Shareholders and Interested Parties,
This week the company was made aware that an unauthorized bulk email was distributed to an unspecified number of email addresses regarding ValueSetters.
ValueSetters has not, and will not authorize the use of such methods to generate interest in the company.
We apologies for any inconvenience this may have caused our shareholders and any parties affected by the distribution.
Sincerely,
John Godzich
CEO
10-19-2007
Nah, just missed it, unfortunately. You've been on target and hittin' lately. So, I tried to get the funds xferred, but not in time... Gonna make sure I have cash laying around for stuff like this in the future.
Is the market still treating you good? Always, I bet, right? :7
741.8 Thousand
Market Capitalization
LOL
This is ridiculously undervalued.
Well, what I meant is that the post indicated that he would announce the merger and then retract it. I just called that fickle. :)
I am unaware of any evidence that he's ever done this. I am researching further to find out...
Well... there's this post:
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23042439&txt2find=merge
...which describes Miller as being fickle in nature. Specifically the following statement, "It could flip into who knows what type of business completely different than what they are out there PR'ing of what they are doing day to day. Then again the anything that he enters into there is no iron glad guarantee it will close and merge. That's exactly what occurred the last time and look at the stock price it bumped up several times new investors purchased common stock that was available for purchase and then the merger was retracted."
I do like this statement, "The one thing Miller has going for him is that he has a low float amongst others and no lawsuits and it is audited. That is a mergers dream with a clean shell."
In my opinion, I'm beginning to think the statement about Miller being fickle might be bogus. I need to dig into this further. Anyone care to provide any evidence?
On the other hand, we have this post:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23798098
This seems more on target with what I've picked up while watching this ticker.
This statement specifically really has me considering purchasing quite a bit more of this stock, "He had at least two he was looking at, one Vietnamese and the other Chinese, and he seemed to be energized and very optimistic that he would have a letter of intent signed by the end of this year."
I'm not sure I'm big on the Chinese company, but I'm very interested in the Vietnamese. It's nice to hear that Vietnam is still on the table. Mav1's post made it sound like Vietnam is probably a joke, and that we might end up merging with something off the wall and worthless.
Woah... 0.006 x 0.008... this one is moving quite a bit today!
Yes, it does seem thin. I think someone took it down to 0.002 with little volume (have to double-check, don't take my word on that). Therefore, I'm not very suprised to see 0.005 again.
Hopefully, we'll see more money roll in today. Who knows, this might be a good indication of something happening next week! :)
11/18/07, 12:00 AM
I think it will too. Did you call the PR number on the news release yesterday?
Like what? The revenue numbers or a PR?
Yep. Really thinking about jumping in on that one again...
VSTR has seen heavy volume last 2 days. Today, it was 2000% over its 22 day volume average. Something big on the horizon? 3 PRs in the last week or so.
PPS is erratic. Jumping around from 0.025 to 0.05...
Gap at close: 0.01 x 0.06
Locked and loaded. This volume is incredible.
2000% above the 22-day volume average!
Right there with you! Needless to say, the next quarterly/annual report will be very interesting.
Great news. If that is in reference to the 7,000 number provided back in December of `06, that would put us at 42,000 members. 42,000 x $200 = 8.4 million dollars in one time revenue and 42,000 x $9.98 = $419,160 monthly revenue. This, of course, wouldn't include the money made from supplying the products. $419,160 x 12 = $5,029,920 a year. Good chunk of money added to the company!
Market cap. of 967.5 thousand is laughable.
Members Welcome News of ValueSetters Merger
10 minutes ago - BusinessWire
ValueSetters Inc. (Pink Sheets: VSTR) is pleased to announce that its active membership (members in good standing with regard to dues) has increased sixfold over the past year when the program was launched.
The surge may be attributed to the news of the merger, but as CEO John Godzich added: "(it)...may also be due in part to the implementation of the new Team Member Management system that allows more advanced tracking and support of Team Member activities. Moreover, the positive reaction to the merger by the field leadership gives us an optimistic outlook on the future impact of our marketing campaigns."
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations@valuesetters.com
I'm sure all 30Fold members are aware of the merger. Out of 7,000 members, it seems safe to say that 70 are probably doing well (probably more after seeing some of the sites that All4all posted here: http://investorshub.advfn.com/boards/read_msg.asp?message_id=23446185 ). Perhaps, many more are thriving. If I were doing well and my supplier went public, I would buy their stock in a heartbeat.
Maybe that advertising is doing the trick too? ;)
I'm still here... just working late last couple of days (fun).
We need some clarification from VSTR regarding the numbers that 30Fold brings to the table. For instance, are we talking a 5 million revs company or what? How much will the merger boost revs or cut expenses?
Just need some numbers... until we get numbers and unless something major happens, we probably won't see the PPS reach our expectations, unfortunately. Regardless, when those numbers do emerge, surely we will see our spike in price... maybe even more than we can currently imagine...
Remember, ValueSetters is expected to almost double revenue this next year (~70 million). If that is still accurate and 30Fold adds ~60,000 members (that's ~$200 each for start up payment if I recall correctly... or $12,000,000), we'll definitely see this take off.
Very curious to hear more about the advertising from them...
"John Godzich is a MLM guru with an established network. The major "nut" that needs to be cracked in being successful in MLM is building the network. You have to get in early so your at the top and you need to hold a lot of meetings to build your down stream. John already has the network and doesn't need to have meetings to start this up. The marketing costs associated with multi level are less then traditional marketing costs. Some will disagree with that but the successful MLM companies out there must be doing something right."
The above and below paragraphs seem to coordinate well together.
"Phoenix, Arizona--(BUSINESS WIRE)--October 18th, 2006--ValueSetters Inc. (OTC Pink Sheets: VSTR) today announced that it has signed an agreement with an existing Faith-Based marketing company. The company, which has requested their name not be disclosed, has an existing membership of over 7,000 members and is scheduled to grow to 180,000 members within three years. ValueSetters will supply them with over 1,000 items from its Imports, Music, and Fashion Categories."
Conclusion: when Godzich says 180,000 (60,000 member growth/year or 5,000 member growth/month on average), he knows what he's talking about. :)
Yawn. Great. Now, I'm waiting on another PR for this ticker.
Oh well, could be worse: waiting for money is better than shoveling dirt for money. Heh...
Nice post, thanks!
VSTR +33.33% on merger PR from this morning. 30Fold is now a wholly owned subsidiary per COO just an hour or so ago. 4 million float. Moves on air.
Ask up to 0.0435.
Volume up 500% over 22 day average now!
Looks like NITE and SBSH increased their ask.
VSTR +33.33%
Up 33%!
This "rumor" is bogus. If anyone would like to see an e-mail I just received from the COO, check here:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23600130
Just got an e-mail back from the COO regarding your "rumor":
-----Original Message-----
From: Steve Geary [mailto:steve@valuesetters.com]
Sent: Thursday, October 11, 2007 10:25 AM
To: <omitted>
Subject: RE: Merger Agreement
Mr. <omitted>,
Thank you for the kind words. I agree that for many reasons, it is not
appropriate for us to respond to rumors, but I can provide the following
clarification regarding today's press release: 30fold is now a wholly-owned
subsidiary of ValueSetters Inc..
We appreciate your continued interest in ValueSetters.
Sincerely,
Steve Geary
Chief Operating Officer
ValueSetters, Inc.
www.valuesetters.com
800-547-1611 Toll Free
602-547-1611 Office
-----Original Message-----
From: <omitted>
Sent: Thursday, October 11, 2007 9:46 AM
To: 'Steve@ValueSetters.com'
Subject: Merger Agreement
Mr. Geary,
Congratulations on the announcement this morning. I and many other shareholders are happy to see everything come together!
There are rumors flying around regarding the merger agreement. One individual is adamant about the following:
"VSTR will only get 15% of 30fold, and 30fold's revenues are only about 2 million."
In case you found it worthwhile, I wanted to give you the opportunity to respond to this rumor. Of course, I understand that you are busy and will be unable to respond to every wild remark thrown about.
Thank you for your time.
Best regards,
<omitted>
Just got the response! Sounds like that nasty rumor is FALSE!
-----Original Message-----
From: Steve Geary [mailto:steve@valuesetters.com]
Sent: Thursday, October 11, 2007 10:25 AM
To: <omitted>
Subject: RE: Merger Agreement
Mr. <omitted>,
Thank you for the kind words. I agree that for many reasons, it is not
appropriate for us to respond to rumors, but I can provide the following
clarification regarding today's press release: 30fold is now a wholly-owned
subsidiary of ValueSetters Inc..
We appreciate your continued interest in ValueSetters.
Sincerely,
Steve Geary
Chief Operating Officer
ValueSetters, Inc.
www.valuesetters.com
800-547-1611 Toll Free
602-547-1611 Office
I'm curious to see the next newsletter from the Chairman (Sean).
I will not sell at these levels. I'll wait for the next PR. Already waited 2+ months...
Just sent another e-mail to the COO, let's see if he responds:
-----Original Message-----
From: <omitted>
Sent: Thursday, October 11, 2007 9:46 AM
To: 'Steve@ValueSetters.com'
Subject: Merger Agreement
Mr. Geary,
Congratulations on the announcement this morning. I and many other shareholders are happy to see everything come together!
There are rumors flying around regarding the merger agreement. One individual is adamant about the following:
"VSTR will only get 15% of 30fold, and 30fold's revenues are only about 2 million."
In case you found it worthwhile, I wanted to give you the opportunity to respond to this rumor. Of course, I understand that you are busy and will be unable to respond to every wild remark thrown about.
Thank you for your time.
Best regards,
<omitted>
Volume up 250% over 22 day moving average again...
GREEN! Up 10%.
0.033x0.039 gap closing!
It's on all the top boards. I personally posted on MOMO, BB's Stock Haven, and LOTTO.
Very low floater on VSTR. 4 million.
Hmm... not much interest at the open. Hopefully, volume will pick up.