Versus Systems Inc (VS)

[H8ster]

Found the reason for the surge.

Did some digging around regarding the latest private placement from February 13, 2020, that netted the company $600K on 1.4M shares bought at $0.25CAN
private placement

They filed a form 9 which lists who the buyers are
Form 9

1. Dr. Shafik Thobani Inc. - 200,000 shares
2. Canadian Palladium Resources Inc.- 1,000,000 shares
3. Galloway Financial Services Inc. - 1,200,000

Couldn't find anything on numbers 1 & 3 in regards to why they chose to purchase. But number 2...Well, that speaks volumes. The same people that run that company are the money people behind Versus. They are the ones who orchestrated Versus Systems going private. They ran the process of having Versus take over the ticker of a shell.

What does this mean? Nothing but good things!!!!! If the main billionaire who runs Canadian Palladium Resources Inc, and controls the majority of Versus shares, just bought $250K of VS through his other start up company, he must be thinking this gonna go big time.

Could a buyout be in the works? Could another major event be close at hand? Regardless, something is happening and smart money is accumulating. I expect big news before the end of Q1