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$VSTR: NEWS

Valuesetters Acquires MAC Venture Group
Date : 09/12/2014 @ 8:30AM
Source : InvestorsHub NewsWire
Stock : Valuesetters, Inc. (PC) (VSTR)
Quote : 0.012 0.0018 (17.65%) @ 10:06AM
Valuesetters Acquires MAC Venture Group
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Valuesetters Acquires MAC Venture Group

White Plains, NY - September 12, 2014 - InvestorsHub NewsWire - Valuesetters Inc. (OTC:VSTR) announced that it has acquired MAC Venture Group LLC (“MAC”) for a purchase price of $200,000. MAC will operate as a wholly owned subsidiary of Valuesetters.

Valuesetters’ Chief Executive Officer, Manny Teixeira, said, “MAC is an important acquisition for us. In conjunction with the deal, we acquire an experienced executive, Patrick Cahill, to lead our sales and business development efforts. MAC expects minimum annual revenues of $250,000, but Patrick’s goal is to reach $1 million in the first year.”

Mr. Cahill began his career with Kidder Peabody Inc., where he helped find and develop more than 100 deals that generated millions in capital investment. After leaving Kidder, he worked for PricewaterhouseCoopers, where he was a member of their management consulting group. Afterwards, Mr. Cahill was a Senior Partner for Don Aux Associates, a middle-market consulting firm. He led the firm in sales and new business development for seven years.

Mr. Cahill has been at MAC for more than 15 years, and has successfully taken sales and marketing theory and adapted it to the practical applications required by the firm’s clients. He plans to continue that role and bring new revenues to Valuesetters, in addition to building the sales of existing Valuesetters’ products. MAC’s website is http://mac-venture.com/.

“I am eager to help Valuesetters grow quickly,” noted Mr. Cahill. “I like the small investments that Valuesetters has made in other companies, and I believe that will continue. I also see many possibilities for its song platform and VoIP app. I look forward to working with the team to increase the value of our products and our equity.”

About Valuesetters:
Valuesetters is an Internet-based company that seeks free subscribers and revenue-generating subscribers. The company operates on an automated basis with the belief that Internet operations, customer sign-ups, sales and game playing should occur without human intervention so that it can quickly expand in the event the number of subscribers begins to rapidly grow on a viral basis. Its focus is on the digital delivery of games, apps, movies and music. For more information, visit our web site at http://valuesetters.com.