Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
oh man, but I own shares in this stock. I hope they have enough sense to straighten the ship. Anyone know if they are close to filing?
Revenues up significantly, positive cash flow from operations.
Like I said, in 6 months we will all be kicking ourselves for not buying up every share we can.
No convertible preferred
no blank check preferred
no preferred stock authorized
no convertible debt
positive cash flow
Braidy industries
Kingscrowd
Zelgor
ChoiceTrade
etc.
They are showing us operating results and capital structure that is rarely found in penny land. It's right there in front of us. I have bought so much cheap stock, but I have to buy more.
I keep buying. I own millions of shares. A few months from now we will all look back and say "why didn't we buy more."
no penny stock has the potential or capital structure like this one.
No preferred stock authorized in the articles of incorporation
No convertible debentures
Three powerhouse executives now in charge
Have you seen the news releases that Braidy puts out?
Our executives are so talented and trusted that the lowest cost manufacturer of aluminum in the US has hired VSTR for consulting work.
https://www.braidyindustries.com/2018/06/08/braidy-industries-groundbreaking-2018/
It is all there for us to see, and for some reason, our eyes are not open.
They are building a business, not an ICO, not a weed farm, but a real business. The 10-Q is due on Sept 14th, and I bet it is filed on time again, without an extension.
The last chunk of debt converted at a penny, and they did not take on any new debt in Q4. They are probably cash flow positive from operations in Q1.
Cash used in operating activities was $50,156 for 12 months - that is only $12,500 a quarter, and in the press release, they say they expect Q1 revenues to be more than $75K. That makes them cash flow positive from operations -- they don't need to borrow any money
Given their overhead structure they can continue operating without any toxic convertibles - which they have never done. Bravo!
This is not your father's penny stock.
These 3 women are rewriting how to create value.
Earnings in the 10-K!
I think I have time to read it. But let's focus on the positive things.
Net income for the year. $131K
HUGE improvement over last year
HUGE revenue increase
WC improved by $2MM+
And Q1 revenues are skyrocketing. Hey, it's still a penny stock, but our glass is half full.
If I can add correctly, I think the 10-k is due today. Let's see if it gets filed, or if they file an extension. I always think it's a good sign when a small cap files on time.
Hey Bobby,
Yes, we know you are upset, yes we know you are disabled, but there is no need to make up stories and guesses about who is selling, who is a crook etc.
I don't think you spoke to the CEO at VSTR. She doesn't take calls. Matt Winn will take a call now and then. I know Les spoke to the CEO once.
If you really want to know what's going on, do your homework. The seller has been Evan. He has been asking people to step in and buy so he can support Axihub and get their stop sign lifted.
And it does irritate me that he has to do this, but he doesn't have the cash to get Axihub going, because he claims he bought too much VSTR stock in the open market. Axihub owes money to VSTR, and they have that big plan to have the crypto trading network go live. And who is doing the programming for them? It is AthenaSoft. They received 10 million shares in October when VSTR bought 20% of AthenaSoft. I am sure they wanted things to work out better and that they didn't want to sell. But they are the sellers.
It was an ambitious plan, and it may still work out. But until Evan gets the stop sign lifted at Axihub, Axihub is not going to be helpful to VSTR. Evan asks for buyers to help him out, but people get greedy and drop their bids.
I know Richard is buying and that Yitsy is thinking of jumping in now that the price is low.
It is inappropriate to refer to the CEOs as crooks. Frist of all, they are good people. Second, they have put significant time and dollars into the companies to help them succeed. Paul is owed more than $1 million and Cecilia is working for no cash compensation. Those actions mean a lot to me. Also, the CEO cannot do it all by himself or herself. It takes a team of people. I am excited about the three C level executives at VSTR. The company has no convertible debentures and they have assembled a team with serious talent.
We need Evan to stop selling. That will happen eventually.
This stock is acting well, and there are no shares out there. hmm. And the 8-Ks are interesting. I wonder if they can get the stop sign removed. I hate buying companies that don't report.
I now have more than 8 million shares. Keep selling. I trust the ladies. They focus long term and are building a real business. This is not your father's penny stock
Speaking of Emogi, didn't they just raise $12,000,000? At one point we owned 5% -- don't know if that has been diluted or not.
https://www.prnewswire.com/news-releases/emogi-closes-12-6-million-in-series-a-funding-300656039.html
We are incubating exciting companies. One, two or five of these is going to worth a boat load of money. Like I said, when the stock is 5 cents, we are going to look back and see how obvious it was.
Braidy doesn't do business with your father's penny stock. This penny stock is different. Three real executives are here, and I think the fact that Kathy joined is HUGE. Why would an MBA from Yale, with marketing talent and several successes come here if she didn't already see the pot of gold at the end of the rainbow? She could get a job at 100 other companies for a higher salary, but she took 5 million shares of VSTR as part of her compensation package.
Oh, and did I mention there are no CDs?
Rivetz, Braidy, NetCapital, Choicetrade, etc. The ladies at VSTR continue to attract impressive companies.
IMHO, one of these days, this stock will be at 5 cents and we will all be kicking ourselves, because it was so obvious.
Braidy already spent $50,000 at VSTR, and who knows how much ChoiceTrade is spending. Anyone see this research report?
http://trophyinvesting.com/could-the-ameritrade-of-crypto-potentially-be-choicetrade/
Anyone know Michael Markowski? I wonder if we can get him to write about VSTR. Markowski follows startups. VSTR is a startup that helps startups.
Read that info about ChoiceTrade -- an SEC regulated online broker operating since 2000, comes to VSTR for consulting work. Braidy Industries, just raised $75 million in a stock issuance, and they came to VSTR for consultation.
My assessment is that Cecilia and Coreen are significantly more talented than we are giving them credit for, and one of these days the market is going to figure that out.
This is no ordinary penny stock. oh, and did I mention no CDs?
Nobody hitting the bid anymore. That speaks volumes about the deal with Braidy.
Great customer! Have you seen what Braidy is doing?
https://www.braidyindustries.com/
This is the type of high-level customer that this management team can attract.
You see, this is not your average penny stock. This company has Tier 1 management and no CDs.
Buying every share that I can.
News! And it's from another public company that mentions our ticker
http://www.globenewswire.com/news-release/2018/05/17/1508491/0/en/AxiHub-Hires-ValueSetters-for-Software-Development-of-its-Cloud-based-Application.html
wow, it sounds like VSTR is working hard on the crypto side of things
Read between the lines on this one.
Little sister is coming to work with big sister. Little sister has a great resume and is very employable. Why would she come to VSTR if she didn't think it was a good company? Why would you have your little sister work with you if the place had no prospects.
Something great is going on here, we just don't know what it is yet.
But here is what I like the best. Little sister is getting $120K a year, and we know that VSTR does not do toxic convertibles. That means VSTR is cranking out cash flow and revenue. There is no reason for Kathy to work here if she wasn't sure it was a gold mine. And BTW, we need her. Marketing is crucial. I say we are going to see a big deal soon - meaning one that has revenues come with it. A year ago they had no rent. Then they got an office on Atlantic Ave in Boston - a prime location by South Station. They needed cash to do that. Now they are paying a CMO. They must be generating some cash.
The CEO and the CFO took stock compensation in lieu of cash (the company had no cash). They must be generating cash to pay little sister, and she can probably generate more. But there is no reason for a 20-year marketing pro out of Yale to work at VSTR unless they have good things brewing.
I found what I was looking for -- in the last 10-Q. Buying a lot more on Monday. They are doing EXACTLY what they should be doing -- and did you notice the cross pollination of ideas and technologies in the last PR? There is a connection between Axihub and ChoiceTrade. They are building crypto for axihub (BTW is this Axihub?? http://axihubfinancial.com/index.php)
I think Axihub is part of a public company. That means that we are the engine that is helping them out. They trade at about 10 cents. Right where we should be.
I need to look into that. I would think a lot of the shareholders from this other company would jump in and buy our stock given that we are the ones providing them with the technology to do crypto etc.
These professionals who are running our company are not the braggers and boasters that typically run an OTC stock. They are methodical, calculated and building value. No need for them to pump, because they are not short on cash. (Their cash balance for the last quarter was the highest in years, and they don't sell CDs!!). Their cash is from operations. There is an increase in deferred revenue because they are collecting sales in advance. I love it.
Anyway, their 10-Q had exactly what I was looking for, which is why I need to buy more. It had that magic word in it. Here is the sentence from the MD&A. Tactfully disclosed, without any bragging or boasting.
We utilize Athena Solutions to provide software development services to some of our customers, including the development of websites, mobile applications and blockchain technology.
IMHO their Athena subsidiary will propel them to new levels. They are in the right business at the right time. Coding, building and selling. I love it!
I like what I am seeing here. I think GLDG is going to be a HUGE winner this year. New auditors, new deals, new life, limited float.
Nice News!! The more I think about it, this news is wonderful. Companies are paying for VSTR services. Last year revenues were 44K The year before, revenues were 93K. And now, the three women running the show at $VSTR are booking individual contracts 5 times greater than prior year revenues. Last quarter's revenues were more than all of fiscal 2017, and now they have a contract for $225K. Bravo! God Bless Management! No toxic convertibles and huge jumps in revenue. I love it! Going to buy more.
Crypto for axihub and crypto for ChoiceTrade. This is great! This company is right where it should be. Once people realize this the stock will rock. Too many people in the east are tied up with snow this afternoon, but I am expecting a strong close.
Yes, good point. Part of the strategy here is to incubate companies that will be bought out. Suddenly the company will jump up two levels because Rivetz or Zelgor is bought out. Or - probably some company we didn't even consider. That's the fun part here, suddenly they will have a $500,000 asset that we did not even consider because it was under the radar.
The 10-Q is indeed due on Monday, so that's probably why we saw the tweet. The Q is due 45 days after Jan 31st which is March 17th, but the 17th is on Saturday, so it is due Monday the 19th.
Good to see they are tweeting that it's coming on the 19th - they must be ready.
Eager to see what the 3 ladies have accomplished. I am hoping to see the word crypto or blockchain or something of that nature given the thing they are doing with ChoiceTrade. Choice Trade has disclosed on the FP website that it is doing crypto work -- and they have been hiring VSTR to help them.
ChoiceTrade expects to enter into an arrangement with a cryptocurrency exchange, and post completion of our current technology upgrade, customers will have the ability to trade crypto on our platform. Bitcoin and other cryptocurrencies have become extremely popular with investors in recent years, yet no fully integrated online brokers offer the ability to trade them; up until now, customers have had to go directly to specialized crypto exchanges. The ability to integrate cryptocurrency trading with our other offerings should provide a significant competitive advantage vs. peers.
Here is the link it is from
https://netcapital.com/companies/choicetrade
I gotta say, this ChoiceTrade client could be a boat load of revenues for VSTR. I am impressed that ChoiceTrade picked VSTR to help them. But, you know, the VSTR CFO is a CFA and knows the investing business better than any of us, having managed 5-star funds.
We have real executives at this company. VSTR is unlike other penny stocks. No toxic debt, building a solid foundation without these "shareholder letter" press releases.
This stock may or may not explode next week, but once it gets moving, I think it will go like wildfire. All I know is that I'm here for the long term, and I keep buying shares as quietly as I can.
They updated their OTCmarkets profile. No wonder the bid is up.
Golden Global Corp. is a Florida-based holding company engaged in creating and integrating a platform of holistic life science cannabis and cannabis related businesses. The company was founded in 2009 and recently moved away from the gold mining business. GLDG has transitioned into a rapid acquisition company within the vertical.
https://www.otcmarkets.com/stock/GLDG/profile
This could rock. Less than 2 million shares OS in cannabis company. Very Nice.
It's the crypto in Choice trade that's going to be huge. And we can buy shares of Choice Trade on netcapital. That's very interesting. I wonder if VSTR is going to own any of Choice Trade. VSTR owns pieces of Rivetz, Zelgor, netcapital, etc. This Choice trade would be a good pick up too.
Why are you saying multi dollars? I see this is moving a bit
Keep buying. That's what I'm doing. Buying begets buying. There should not be any sellers here...there are no CDs
Let's buy this up. C'mon and join in the fun. We need a good rally before the 10-Q comes out. They have technology, excitement, new holdings, Manny Fernandez (who seems to have a few good videos etc.) new management, new offices and many undervalued assets.
And what don't they have? Floating rate convertible debentures. No CDs in a penny stock. This stock will undoubtedly run, once it gets going
I guess I will take out a few more asks at the close. This stock needs to be accumulated. no CDs, no stock in your face.
10Q is due on March 15th. The quarter was over on Jan 31st. It is time to buy again. I gotta believe we all want to own more stock before the 10Q is filed.
Only good things are happening here.
Now that I think of it, Fernandez is one of the digital marketing geniuses. By himself he could probably get the stock to take off like a rocket ship. If he is selling Reg A and Reg D deals for startups, in which the stock being offered is restricted, and may never have liquidity, imagine what he can do with bringing awareness to a public company.
This is the calm before the storm. Q3 ended yesterday. I am expecting HUGE developments. The angels there will be flying. Just look at the high quality people they are attracting - like Manny Fernandez.
Here he is on CNBC
http://mannyfernandez.co/
IMHO, someone of Manny's caliber would not be here unless big things are going to happen.
Nice post e-ore. Thanks. I have been too busy to check out their website. This CFO is brilliant. And we won't truly appreciate her until we look back and see everything she did. She is setting things up perfectly. Manny Fernandez, a true star in marketing and finance, Jason Frishman, who knocked the cover off the ball in his Mad Money interview with Jim Cramer. The stars are lining up behind $VSTR.
I gotta believe this is the tip of the iceberg. I hope they have news before the end of the quarter so we can salivate about the numbers, which they will of course report on time.
I can hardly wait for the next two press releases. Two in a week would really stir the pot. But whatever the timing, I still say, VSTR will be nominated for the Best Stock of the Year Award.,
$VSTR is the place to be. The Best Stock of the Year award is going to be here, and the year, just started.
Congrats to Green Zebra
One of 3 finalists. VSTR shoould be happy.
http://www.nyc.gov/html/nycx/govchallenge.html
$VSTR Best stock of the year. See what happens when a penny stock does not have toxic convertible debt.
People are quietly buying this stock. It's interesting how inactive the message board has been. People are buying up the shares before they tell their friends. As I have said before, when you don't have any toxic convertibles, a stock can fly.
She is definitely a key component in creating value. I can't see the funds buying with this market cap, but who knows. The interesting thing is that funds will buy at a significantly higher market cap ($50MM? $75MM?), so that we have someone to take the shares off our hands.
Wow, that is actually pretty funny. When was that? How long has Goldy been around? I kind of thought he was somewhat new to the company.
There is some activity. It would be nice if this stock comes to life.
Need news. I am back from a long (well deserved) vacation and it looks like the entire company was on vacation too. Help me out here. What's going on? Nice volume though today.
What's going to get us more buyers? Crypto? Maybe the angels can reach out to gorillagold, they are looking for some financial guidance
https://www.gorillagold.io/
What do you think? A token backed by gold. Interesting way to raise money. Gives the token more legitimacy
Valuesetters should sign a deal with G-Unit