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who cares about txhd? It has nothing to do with VSTR. More misinformation. The question here is, what's the deal with the WebRTC video calling platform? Are they marketing it anywhere? Can anyone find this beta site? Someone emailed me something, but it turned out it wasn't VSTR. We need to find out what they are doing and who they are doing it with.
Their entire thesis has been, do stuff that machines do, so you don't need to have inventory or people. Chess.net is a good example. They need more of those things. I am thinking that the in-the-browser video calling is a good concept and an extension of things they were already doing.
That's right DS! The OS is minuscule. And we can tell from the Feb 2016 filing, just last month, that about 507 million shares in total are outstanding. And we know the float is small because there is a majority shareholder.
$VSTR has worked to limit the number of shares outstanding. There is no reason to think they will suddenly go crazy. And they don't need a nine-year old Form D filing to go crazy. They have voting control, they can do whatever they want.
They are sticking to the plan, no CDs.
And remember the advisors all have stock options with an exercise price of 3 cents.
You can't have dilution if there are no convertible debentures. And, if you are a CD holder, you can't sell stock if the company is not fully reporting. That's why that texting company didn't file its 10-Q, and it went from sub penny to over ten cents. Yeah, it's a nickel now, but when a seller can't sell, it makes a big difference, and gives us time to get in and out
So, take that philosophy here, where there are no CDs. All I know is, that I am on the bid. We have an unusual situation with the cap table. The cheesy guy might sell, but I don't mind buying his shares.
OK, should I bid a million shares? Did you see the bid? There is no dilution. Look at the 13G. They have only issued 8 million shares in 5 years. A stock like this is unheard of in penny land. They are taking a different strategy. And it may very well work!
Someone's buying the cheap shares. Offer your shares here and they will be bought. VSTR accumulation.
I bought this week, and it was real money, not a fake buy (LOL). I'm feeling pretty good this weekend. I've been nibbling at this all winter. You never know when the timing is right, so you gotta be in it to win it.
I have some stock in a cannabis company in Oregon, and they just went out and did a CD so they could file their 10-Q. That sucks, because that stock is going to come back in my face. These guys at VSTR$$ refuse to do a CD. God Bless them. It won't take much buying to bring it back, and this new COO guy seemed to have his stuff together. You gotta remember, these guys are all working part time, so it takes a little longer for them to get things done. And that's the trade-off: No CDs, so they can't pay full-time salaries. It takes them longer to get things done, but when they accomplish things, there is no CD selling.
The Donald is finally coming thru for VSTR. No CD sellers here, cause there are no CDs.
Celebrity communications. That's my guess. They keep saying they are in the communications business with the Donald who was doing something with Microsoft. Maybe they can attract celebrities to a new communications platform. Hmm. If it's true, at least they are working on something. Have to find the web site now, see if they are testing it yet. The next TMZ! LOL. It may not be the next Napster, but something is brewing here.
Oregon has new laws going into effect in March and June with regard to testing procedures required. In June they will require recreational MJ testing. I would think that a company with an Oregon lab would be a desirable buy
Something must be brewing here. I will have to turn on some search engines. They don't move fast, since everyone at the company works part time. But they haven't diluted the stock either, so I give them credit for that.
February is the month for VSTR! My theory is that Manny has time to do things in Feb., whereas he is too busy with doing the corporate tax return (which is due in Jan) and working on W-2s W-3s and 1099s for his clients. We have to be more patient here, since they have no full time employees, but I like the trade-off. No convertible debentures here either.
They gotta be working on something. The Donald was saying they were focusing on communications especially.
I am a customer of TXHD. Interesting reading the posts here. It's a nice platform they use. Very easy for me to capture new text customers. I like it. The concept and web tool that they give me (customers) was easy enough for me to learn how to use the first time I tried. They could make a boatload of money.
They gotta be doing something. They don't sell their stock, so that is good. They had a nice pick up in revenues, the last time they reported, they have some sweet equity pieces of other companies. Maybe one or two of them will be worth something.
This COO said he was in Texas working with Madhat on something to get the IPTV going. I am thinking that the Madhat connection is going to bear fruit if that is what the Donald is working on.
Nice 8-K. These people are on a mission. I am impressed. They picked up a well connected sales and marketing arm, by buying 49% of them, and issued Series B Preferred that can convert in 18% of the common stock in two years. I will be out long before the Series B converts, and if they do their job and bring in the sales, that stock will be worth a bundle when it converts.
You guys are missing the boat here. I bought today at .004 and now the bid is .005. No CDs! They own pieces of 10 companies. They own 5% of Zelgor, which has attracted serious venture capital
http://www.zelgor.com/about/
GM. I am on the bid. Trying to pick up a few more cheap shares before these buying groups jump in.
There are not too many shares on the offer here. This can take off quickly with some buying.
The bid is more than twice as high as it was last week. Go $VSTR!!
People are grabbing up shares when they can. looks good. They are doing it as quietly as they can, which is a good sign. Pretty soon this gets back to over a penny.
OTC Markets says the float is 122 million. Very good for a penny stock.
I will send the Donald an email to see if he can update the float number. I don't think it has gone up, they have not been putting out stock into the market. - No convertible debentures here, so they have no way of issuing free trading stock.
10 investments in other companies and no CDs. Where else can you find a sub-penny like this? And almost no cash burn. No wonder Donald wanted to join the $VSTR team. Lookin for some news this week, as soon as the holidays are over.
Nice trading this week. $VSTR has 10 investments in other companies. And they have their own business. This thing could blossom very quickly.
I remember how happy I was when I owned PTEK, and PTEK had a minority position in Web MD, which went public and helped drive PTEK's stock to new highs. I made good money owning PTEK.
$VSTR looks a lot better, because they have 10 investments, not one. 10 chances for something to skyrocket.
$VSTR has a nice portfolio they are building. Check out the Linkedin page
Valuesetters (USOTC:VSTR) is a next generation technology company focused in providing technologies and infrastructure-as-a-service (Iaas) to consumer through enterprise communications, entertainment, and game platforms. Valuesetters is focused on large-scale operations and acquisitions in telecommunications, media, mobile, and enterprise technology businesses. We acquire, build and innovate technology companies capitalizing on disruption that are positioned for rapid growth and market leadership. We partner with management teams, frequently by taking a percentage of the equity in their business, to enhance business growth and profitability through a combination of strategic capital and operational insight.
Valusesetters owns and operates telecommunications and game assets. Valuesetters has a concentration on consumer and enterprise telecommunications products and services. Additionally, Valuesetters holds minority interest in game and media companies.
A list of a few subsidiaries:
Telecommunications:
- Telco Software, Inc. (Vox Communications)
- Mobile Device Management Guru
- Mobile Device Management
Media:
- MadHat Media, Inc.
Web:
- Emogi
Consulting:
- NetCapital
- Mac Group
Games:
- Games.net (cards.net, backgammon.net, chess.net)
- Skyboy
- Zelgor (noobtubes)
8K is filed. Nice info with some good links.
The Donald is starting to get things done.
Item 8.01 Other Events.
Investors and others should note that we use social media to communicate with our subscribers and the public about our company, our services, new product developments and other matters. Any information that we consider to be material to an evaluation of our company will be included in filings on the SEC EDGAR website, and may also be disseminated using our investor relations website (http://www.valuesetters.com) and press releases. However, we encourage investors, the media, and others interested in our company to also review the social media channels listed below, where we will post important information about our company:
The Valuesetters Facebook page https://www.facebook.com/Valuesetters
The Valuesetters Linkedin page https://www.linkedin.com/in/valuesetters
The Valuesetters Twitter account https://twitter.com/valuesettersinc
This list may be updated from time to time on our investor relations website.
The bid is getting stronger...nice. This new guy, Donald, needs to step up and do something. we need to see where this is going.
News
http://finance.yahoo.com/news/valuesetters-inc-adds-chief-operating-164104555.html
Valuesetters, Inc. (OTC PINK: VSTR) is proud to announce that Donald Layden has joined its management team as Chief Operating Officer to continue Valuesetters' strategy of acquiring high growth companies and technologies that complement the company's existing assets and acquisitions.
Mr. Layden brings an extensive background in telecommunications technologies, enterprise systems integration, and mid-level through large corporation leadership and project management to the team that we plan to use to fuel Valuesetters' growth with new products and bring a fresh technology perspective to the management team," said Manuel Teixeira, Chief Executive Officer.
Mr. Layden recently completed the first global implementation of Microsoft's Intune mobile device management solution as a project manager and systems integrator for a large international medical device company with a complex global team deploying compliance policies and mobile applications to over 14,000 devices in 90 countries. This implementation was a capstone to nearly a decade of leadership, project management, entrepreneurship, and technical/analytical consulting in startups through Fortune 500 companies. "Mr. Layden brings a variety of enterprise IT relationships and experiences to the table allowing Valuesetters to expand its technology products and platforms into the enterprise space," continued Mr. Teixeira.
"The technological and managerial expertise Mr. Layden brings will nicely complement our strategy of leveraging existing assets and technologies to target high growth acquisitions and build new technologies and infrastructure-as-a-service (Iaas) products to empower Valuesetters' assets to serve the technology needs of consumers through enterprise."
Seeking to bring Valuesetters' technology to the global marketplace, Mr. Layden intends on targeting key acquisitions in the mobile communications and content delivery spaces to expand Valuesetters' infrastructure capabilities to a global scale with points-of-presence (POPs) on nearly every continent. Mr. Layden noted: "Valuesetters is the perfect conduit for acquiring, building, and innovating with communications and content delivery technologies, and I look forward to scaling out and expanding our infrastructure to the global enterprise and beyond."
Mr. Layden also intends to create operational efficiencies by migrating elements of the existing infrastructure to the cloud and intelligently outsourcing operational components by analyzing the system's data.
"We have some incredible infrastructure and a team of the industry's best and brightest at our fingertips. It is time to seize the moment, tap the resources and talent at our fingertips, and re-accelerate the growth of the company," Layden said.
Valuesetters (OTC PINK: VSTR) is a next generation technology company focused in providing technologies and infrastructure-as-a-service (Iaas) to consumer through enterprise communications, entertainment, and gaming platforms. Valuesetters is focused on large-scale operations and acquisitions in telecommunications, media, mobile, and enterprise technology businesses. We acquire, build and innovate within technology companies capitalizing on disruption that are positioned for rapid growth and market leadership. We partner with management teams to enhance business growth and profitability through a combination of strategic capital and operational insight.
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Contact:
VALUESETTERS, INC.
Donald Layden
Chief Operating Officer
(720) 468-0046
donald@valuesetters.com
Rates
Great news for $VSTR shareholders!
New COO, with a phone number, email address and great experience. We should finally be able to speak to someone about the company on a regular basis (as long as we don't all call him the same day.)
Questionable asset values? I looked at the financial statements. I don't think it is questionable, it's simply bad accounting. They present a consolidating balance sheet but they don't eliminate the investment in subsidiaries. That's probably why they don't have an audit opinion. They find a guy who is willing to put up a review report, but I can't find any meaningful information in the footnotes for their long term investments, and no principles of consolidation. They don't know how to do a consolidation. They basically need to debit APIC and credit long-term investments for about $115 million to present financial statements that are not misleading.
Too bad. I need to find some MJ companies who have a lower PPS and who are fully reporting.
How much debt is going to drip out? It looks to me like these guys have $24 million in debt?
This looks like a nice little company. Easy to understand, with a huge addressable market.
Great! Thanks for pointing that out. I did not notice, but now I can point it out to a few people who may not otherwise take a look. Everyone wants to get in on something with momentum
There are only 100 million shares in the float. I know not to trust anyone who says "trust me" especially when they use all caps.
Were you an IR guy that didn't get the contract?
Good point. They are finally bringing in some people. With a part-time CEO, they can't get much done. But with a team, it sounds encouraging
Where are all the buyers?
I thought this stock was going to have more liquidity
I like this stock. No CD selling. It makes a difference. Their 4th Q is going to have a huge gain, I think. Sales are up, and if I read the last Q correctly, the derivatives are gone at the end of Q4, because the derivatives were for lack of authorized shares, not for "an indeterminable number of shares" which is what happens with a CD.
So I believe the elimination of the derivative liability runs through the income statement, which gives a nice boost to income. I don't think it goes to APIC. But who knows.
Geoff Nesnow is the man now. They finally have a full time guy doing things. The advisors have nice names, but I don't think they have time to work on this. Options at 3 cents may not be enough incentive for them.
This will keep going up every week. Limited supply here.
Up 25% today.
Somebody is buying very carefully trying not to get noticed. Offers look thin. A little news could go a long way. I haven't bought any this week, but I plan to pick up more tomorrow.
Geoff and Manny are doing it together, apparently. I think Geoff was brought on because he has something to bring on. I wonder if Geoff is full time? VSTR seems to be "slow" in getting things done because the company is a collection of part-time workers. It keeps the overhead down, so they don't need much cash. It is either do it this way, or bang the stock with CDs. I am thinking I like the VSTR approach better.
I sneaked in a few buys recently. I do think this puppy could have some legs. I want to know what the deal is with the IPTV they picked up. AT&T bought a TV entity too. We need some IR here, or someone to talk to.
It traded well today too. I think we are picking up momentum.
I think Geoff is going to make a difference. I get the sense he is more connected than Manny. Manny can do the SEC reporting, and Geoff can do the deals.
Nice increase in revenues.
3rd quarter revenues were up to $182,845. I say that 4th quarter revenues will be over $250,000. Anyone agree or disagree? I say quarterly revenues are easily over $250,000 in the 4th Quarter.
Parts of the 10-K are scary. I appreciate the CEO giving these details in the footnotes, but they clearly do not have the cash they need to pay their employees. Debt to vendors and other accrued expenses can be dodged and negotiated. Unpaid payroll taxes, however, are a huge red flag.
Below is from Footnote #6
Payroll tax liability $ 182,142
IRS and state penalties 41,812
Accrued lodging and sales tax 35,269
Accrued interest expense 22,373
It's getting to be too much.
Wow, 100 patents. That costs a lot of money to protect them. I hate it when I have to pay my intellectual property attorney. Although it has been fun to sue people now and then.
No CDs here?
That looks to be true. I looked at the 10-Q, and they don't have any of those nasty death spirals.
Funny thing is, they gave out options at 3 cents and had to record a huge non-cash expense. LOL now that the stock is 90% less.
But that probably means this stock is on its way up. Gotta watch this one
They could use some PR help
I am reading the latest press release. Who writes like this? It appears to me as a red flag.
WOGI is pleased to announce that local land owners are pleased with the conduct and performance with WOGI that land owners are now calling its local drilling partner and offering up land for WOGI to drill on. More than 2000 acres by multiple lands owners have now been offered to WOGI to drill on.
They are pleased to announce that land owners are pleased. Can't they find a different word? Please?
then we have "that land owners are now calling its local drilling partner"
Land owners is plural. Proper English is "Land owners are calling their drilling partner(s).
The sentence ends :
offering up land for WOGI to drill on
and the next sentence ends:
now been offered to WOGI to drill on
Yikes! To drill on? Can't it read, "to commence drilling activities."
Hey, I have seen plenty of typos and honest mistakes by good companies, but this is a little scary. Now, let's take a look at the next paragraph, which tells us what they will earn with all their revenue:
WOGI is seeking capital partners to work with on this project. WOGI believes that approximately 1000 wells can be put on this amount of land reasonably. This project would be broke down into phases and well groups in order to lessen the environmental impact. These wells would be in the range of 900ft to 1200ft in depth and produce somewhere in the range of 850 to 1500 barrels of oil the first year.
"Would be broke down" Is the writer in sixth grade? BTW, "would be" is a fact, not the use of a forward looking prediction.
The next would be is also presented as a fact, not a forward looking statement. Using "would be" is similar to "will be" It is not a forward looking word, such as plan, expect or anticipate. Go down and read their forward looking statement discussion. They say that "should" and "could" are forward looking words but they neglect to say "would," because it is not forward looking. (OMG, who ever uses the words "should or could" in a public news document.) They really need a professional writer to proof read. Or at least let me do it.
Bottom line is that I can sue them if this tanks since I bought today because of this news, well, unless they get the millions of dollars of revenues that they tell us about before they go belly up.