Netcapital Inc (NCPL)

[e-ore]

I mentioned VSTR entering the mainstream with Centerline Biomedical and now Braidy Industries. Netcapital so far has raised $10,418,850 for Braidy Industries. Netcapital normally gets 4.9%. VSTR owns 11% of netcapital by my estimation.

This is not nickel-and-dime, garage dreamer startup stuff. It's real money in the real world, not just the crappy penny stock world. Good job by new management to take the company into the real world.

If all the money for Braidy Industries is raised, which seems very likely,
41,368,597 shares × $18.00 per share = $744,634,746 implied valuation. I haven't seen it mentioned but it wouldn't surprise me if VSTR has an equity stake in Braidy Industries. If not, the deal signed in May shows a possible $1,000,000 to VSTR for services rendered to Braidy. Since VSTR provided the introduction for yesterday's Braidy Industries investor presentation they are still providing services. VSTR, imo, would not have major expenses to provide the services so a large chunk of that money would go right to the bottom line. Very meaningful for a company with a $1.2 million market cap.