ValueSetters Receives Initial Funds from Private Equity Firm
32 minutes ago - BusinessWire
ValueSetters Inc. (Pink Sheets:VSTR) is pleased to announce that it has received the first installment of funding from the private equity firm discussed in the news release dated 10/23/2007. ValueSetters is scheduled to receive up to eight hundred and fifty thousand (US$850,000) dollars from its agreement with the private equity firm.
Funds will be utilized to better position the Company for the recently completed merger where funds will be initially used for marketing and product development.
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations@valuesetters.com
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