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$IDGC owns an energy company Noveda.
And yet it is still at $0001?
What? Seems like a buying opportunity here.
There it is on the front page...majority owned by IDGC
https://noveda.com
This Noveda ownership is HUGE! Why are they not talking about it?
I know that some companies don't like to do PR until their financial reporting is up to date, and if that is the case, this is a great time to buy the stock, while they are getting their financial reporting done.
There it is on the front page...majority owned by IDGC
https://noveda.com
$IDGC has revenues!
They own a real company. There it is on the front page...majority owned by IDGC
https://noveda.com
Why is this still at .0001? Seems likes news is pending.
Wow, a majority stake in Noveda.com? That is a serious company. Why don't we know about that? Where is the reporting? Noveda looks like a service that we shareholders could recommend that people buy. What's the deal here?
There it is on the front page...majority owned by IDGC
https://noveda.com
And then on the contact page it says:
IDGC Corporate Office
1011 Camino Del Rio South #440
San Diego, CA 92108
Phone: (888) 233-7448
This stock should be trading. Get some real financial reporting here.
Good post. The upside here is huge. Sure, it's OTC, so I don't take out a second mortgage to buy, but I keep buying.
Strong management, no convertibles, revenue growth, earnings and serious customers. This Burton group sounds like it will open several doors.
$VSTR Newsletter tells the story.
Profits, sales, growth and no convertible securities!
https://privateequitymarkets.us/newsletter/vstr-the-company-is-executing-and-sales-and-profits-are-soaring
$VSTR Newsletter tells the story.
Profits, sales, growth.
https://privateequitymarkets.us/newsletter/vstr-the-company-is-executing-and-sales-and-profits-are-soaring
$VSTR: 6 months form now we will be kicking ourselves for not buying more stock now.
It continues to become more liquid. I have seen individual bids of $10,000 this month, there are no convertible instruments, there is no preferred stock authorized, it is run by real management, it is profitable, it has significant sales growth, it is in the hot Fintech industry.
Maybe one in a hundred OTC stocks can say these things.
nice write-up newsletter here too.
https://privateequitymarkets.us/newsletter/vstr-the-company-is-executing-and-sales-and-profits-are-soaring
$VSTR: 6 months form now we will be kicking ourselves for not buying more stock now.
It continues to become more liquid. I have seen individual bids of $10,000 this month, there are no convertible instruments, there is no preferred stock authorized, it is run by real management, it is profitable, it has significant sales growth, it is in the hot Fintech industry.
Maybe one in a hundred OTC stocks can say these things.
$VSTR: 6 months form now we will be kicking ourselves for not buying more stock now. It's the summer slowdown in August. I can't wait for September. This is the best stock on the OTC, IMHO. I have seen individual bids of $10,000, there are no convertible instruments, there is no preferred stock authorized, it is run by real management, it is profitable, it has significant sales growth, it is in the hot Fintech industry.
Maybe one in a hundred OTC stocks can say these things.
If that's the case, let's get Uber involved with $VSTR. What would that look like if all the early investors in Uber decided to buy our little OTC stock?
I still love this newsletter.
https://privateequitymarkets.us/newsletter/vstr-the-company-is-executing-and-sales-and-profits-are-soaring
This company can execute. The excitement is building too, as we start finding all the pieces. 2 cents next week, IMHO.
$VSTR newsletter Huge results this year
https://privateequitymarkets.us/newsletter/vstr-the-company-is-executing-and-sales-and-profits-are-soaring
$VSTR newsletter Huge results this year
https://privateequitymarkets.us/newsletter/vstr-the-company-is-executing-and-sales-and-profits-are-soaring
Sneaking in a few more buys here. Where else on the OTC can you find a profitable company with no convertibles?
$VSTR No stopping it now
$582,000 in net income
https://privateequitymarkets.us/newsletter/vstr-the-company-is-executing-and-sales-and-profits-are-soaring
$VSTR outperforms everyone. And it's still a bargain.
Check out the newsletter
https://privateequitymarkets.us/newsletter/vstr-the-company-is-executing-and-sales-and-profits-are-soaring
Nothing wrong with this stock. Yes, I suppose some people wanted to hear projected revenues of $5 million on the conference call, but management is more into results than predictions.
I love what they are doing with Burton and that they open up the call to Q&A. Weird that someone asked when they would be GAAP compliant, when they have a PCAOB auditor signing off on every 1934 Act filing.
It just shows us that people don't get what they are doing. Once the penny-stock buyers figure it out, this will be a rocket ship.
I think there are big things coming with this group in Alabama. I see the Burton contract as the tip of the iceberg in the new services that they are now providing. They now have customers coming to them for help who don't need money. That's good, because it means the customers have the money to pay their fees, which are significant. You can't hire Harvard, MIT and Yale graduate school students without paying for it.
I say Alabama is going to be fertile territory for $VSTR IMHO.
They need to update that revenue per employee. $1 million in revenues and four employees sound like $250,000 in revenue per employee to me.
$VSTR conference call today at noon eastern time.
ValueSetters will hold an investor conference call to review year-end results on August 7th, at 12:00 p.m. ET.
To access the call, please dial 800-346-7359 or 973-528-0008 and provide the following access code: 494685
Revenues were up 800%.
$VSTR conference call today at noon eastern time.
ValueSetters will hold an investor conference call to review year-end results on August 7th, at 12:00 p.m. ET.
To access the call, please dial 800-346-7359 or 973-528-0008 and provide the following access code: 494685
Sales more than $1 million, net income $582,000
$VSTR conference call today at noon eastern time.
ValueSetters will hold an investor conference call to review year-end results on August 7th, at 12:00 p.m. ET.
To access the call, please dial 800-346-7359 or 973-528-0008 and provide the following access code: 494685
$VSTR $582,000 in net income, revenues up 800%, and they have a conference call today at noon, where they take questions from shareholders. How many penny stocks do live conference calls?
The women running this company are not afraid for open discussions. There don't have smoke and mirrors, they have results.
It's time to jump on the train.
Yep, it is pulling out of the station, and we are rolling. I think this thing is Alabama is huge. You don't pick up customers a thousand miles away unless you have a great product.
6 months from now, when we look back and see all these obvious signs, we will wish we had bought more stock at today's price. No reason for this stock to not reach a nickel or a dime.
Seeing $VSTR all over Facebook. Many new speculators coming in. This is going to be a good year. 6 months from now we will be kicking ourselves for not buying more.
Wow, $VSTR has a newsletter writer now. Nice!
https://privateequitymarkets.us/newsletter/vstr-the-company-is-executing-and-sales-and-profits-are-soaring
$VSTR: Think about this. The income statements for both 2019 and 2018 are profitable. New management was not here for all of 2018, but they had earnings of $131,129. New Management was here for all of fiscal 2019 and they had earnings of $582,880. Nice trend!
You and I know this, but most of the world doesn't know it yet, because they won't do their earnings release until the 10-K is issued. Most of the investing public does not read the details of the 12b-25 that they filed on Monday. So we can continue to buy shares below a penny and then when the earnings release hits the wire, Kaboom! (Remember that poster who would say Kaboom? I kind of miss him.)
Thanks for the congrats. Yes, I have a skip in my step and I am feeling pretty good when I log into my Schwab account. $VSTR is in my rollover IRA, my Roth IRA, my joint account with my son, my personal account and a trust account, and the gains this year are extraordinary.
But the goods news is that the train is just getting started. This stock is structured to have a long run. This is the only stock I own where the capital structure isn't all screwed up, and it will pay off with getting on the QB, and taking advantage of the huge value in the private equity markets. Fintech is a great place to be in now. $VSTR never even dabbled in cannabis, and my cannabis stocks are floundering.
Management knows what it is doing and they are proving it with consistent results, as they create equity for everyone.
Good morning! What a glorious day. $582,00 in earnings for fiscal 2019. $1 million in revenues. We love results. 10 bagger coming.
$VSTR Earnings of $582,000 No convertibles, no dilution, the management simple puts their heads down and works.
Best year ever. Just reported for year ended April 30, 2019.
Our revenues for fiscal 2019 increased by $902,441, or 812%, to $1,013,612 as compared to $111,171 reported for fiscal 2018.
Our bottom line is that we recorded net income in fiscal 2019 of $582,880, an improvement of $451,751 over the net income of $131,129 we recorded in fiscal 201
We don't know any details until the 10-K is issued, but they could not publish those numbers in the 12b-25 without the auditor's approval. And we see that the 10-K is late because a third party was slow in confirming something. My conclusion is that the audit is done, because the numbers are done, and they just need a couple of days to edgarize and do the XBRL before the 10-K is filed.
But whatever the source of revenue, this turnaround is one for the record books. See what happens when good management works together? And you need a team, one person can't do it all.
No convertible debentures, no preferred stock, and $582,880 in net income. Bravo!!
This is the penny stock that I want to accumulate.
$1 million in revenue for VSTR. Nice! I knew I should have bought more at the close
Another record breaker for $VSTR!
Earnings are out, but the 10-K was put on extension.
Read this extension, which might be the most impressive extension in the history of the OTC markets.
Our revenues for fiscal 2019 increased by $902,441, or 812%, to $1,013,612 as compared to $111,171 reported for fiscal 2018. The increase in revenues is attributable to our consulting services. We have expanded our consulting business, which concentrates on providing assistance with capital raising, strategy, technology consulting and marketing.
Our costs of revenues increased by $1,313, or 6%, to $25,198 in fiscal 2019, from $23,885 in fiscal 2018. These costs primarily represent cloud-based fees that we pay to perform services for our customers.
Stock-based compensation decreased by $65,050, or 50%, to $65,153 for fiscal 2019 from $130,203 reported in the prior fiscal year. The decrease is primarily attributable to lower values of stock grants in fiscal 2019.
Consulting fees increased by $135,540, or 414%, to $168,300 for fiscal 2019 from $32,760 reported in the prior fiscal year. The increase is primarily attributable to the compensation for our chief marketing officer.
Our costs for rent plus general and administrative expenses decreased by $1,957, or 3%, to $105,260 for fiscal 2019 from $107,217 reported in the prior fiscal year. Our rent, other office expenses and other fixed overhead has not changed significantly from fiscal 2018 to 2019.
Interest expense decreased by $50,082 to $19,408 for the year ended April 30, 2019, as compared to $69,490 for the prior fiscal year. Our debt balances decreased due to favorable conversion rates of debt into common stock, and we also renegotiated our secured term loan and reduced the interest rate from 8% to 1.25%, effective October 31, 2017.
Our bottom line is that we recorded net income in fiscal 2019 of $582,880, an improvement of $451,751 over the net income of $131,129 we recorded in fiscal 2018.
https://www.sec.gov/Archives/edgar/data/1414767/000172186819000357/f2svstrnt10k072719.htm
Great post, yes, show the men how to do it right. No CDs, no preferred stock. Making progress every quarter. Clients that like working with MIT, Yale and Harvard grads.
That's exactly what I was thinking. No more VNDM on L2. Everything here points up. Three months from now we are going to be kicking ourselves for not buying more.
10-K and conference call coming soon.
$VSTR is heating up again. No convertibles, no dilution, no preferred stock.
My understanding regarding the one seller is that he has been in the hospital several times in the past year. I believe some of the selling is because he had to pay his bills, like his mortgage. Kind of hard to earn a living when you have a heart condition. But yes, suddenly he sells a couple million shares because he needed the cash. But I believe he is out, or almost out, and I benefited from that by buying a few million shares over the past couple of months.
I wish I had bought more!
And yes, there are no convertibles, period. Read the Q3 10-Q, and then read the 10-K that should be issued next week.
Whoever said "this is my only penny stock that I feel good about" is right. Management loves the stock, and they are managing it so as to limit the number of shares in the float. My other pennies keep issuing new classes of convertible preferred, which tells me that management is scum, useless or desparate. (Well, it does confirm that it is very difficult to raise capital when you are on the OTC.) So I LOVE VALUESETTERS. because they are my only pink sheet company that does not have to raise money.
They have positive cash flow from operations. That makes a HUGE difference. They have no convertible debt and no convertible preferred stock. They don't even have any preferred stock authorized in their certificate of incorporation. Isn't this the management team we all want to invest in?
These guys are the worst management team I have seen. They don't know how to do financial reporting, they have a deal for $120M in annual revenues, and they can't get the market cap of the stock over $10M. We need real management here.
VSTR is a great stock. I am kicking myself for not buying more 6 months ago -- so I am not making that mistake again!
This is the only penny stock I own that doesn't have convertibles. Sure, they don't do stock promotions, because they don't have to.
Eager to see the 10-K. They do a nice job with reporting on time and giving full disclosure. Why is that? Because they have no dilutive securities.
Wow! PBIO is a great find. Low float, no toxic convertibles (Some fixed rate convertible debt that is at 3x the current market price).
This stock is at the right place at the right time. Time to grab some shares