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Victory Square Adds Three New Advisory Members

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  • Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.
  • VST portfolio consists of 20 global companies using artificial intelligence (AI), blockchain, virtual and augmented reality (VR/AR) to disrupt sectors as diverse as fin-tech, insurance, health, and gaming.

VANCOUVER, British Columbia, July 25, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST)(FWB: 6F6)(OTC:VSQTF)  is very excited to announce that Darin Recchi, Carey Dillen, and Tasi Gottschlag have joined VST’s advisory team, making the Victory Square team even stronger and providing strategic support to portfolio companies.

VST’s advisors include professionals with deep experience in growth, operation, finance and legal. They provide operational and growth support to portfolio companies and help them with commercialization and building scalable businesses.

“We are thrilled with the addition of three new distinguished and highly experienced advisors to help us improve the competitive positions of our portfolio companies and unlock value-creating opportunities,” said Shafin Diamond Tejani, CEO of Victory Square Technologies.

“Strengthened with these new appointments, our team continues its deep support for select portfolio companies to maximize their growth and accelerate their path to commercialization with well-executed scalable business models ultimately realizing their potential for creating superior shareholder value,” Tejani added.

Joining the current advisory team are the following three experienced individuals:

Carey Dillen

With 20+ years of experience spanning startup to rapid growth environments, Carey harnesses an entrepreneurial drive, strategic mind and strong vision to grow people, profits and purpose. Carey has experience working with well-established organizations to dynamic startups and has contributed extensively to health, wellness, and sports communities locally, nationally and internationally.

Carey is highly experienced in strategy development, operational efficiency, financial management, people development and franchising in both private and publicly listed companies. Carey’s experience in leading teams includes developing the infrastructure to scale for rapid growth from $1 million to $1 billion.

As President of YYOGA and YYOGA at Home (on-demand digital business), she leads the development, growth, and strategy for the company. Initially growing through M&A with other yoga studios in Vancouver, YYOGA’s community has grown to 12 locations within BC and Ontario. Previously, as the VP of Finance for the Vancouver 2010 Olympic Games, Carey was instrumental in the startup, growth, and dissolution of the organization; she also acted as an advisor to London 2012 and Sochi 2014 Olympic Games. In addition, she has held senior leadership positions with some of Canada’s top brands like Boston Pizza, MEC and KPMG.

Giving back to her community is a central part of Carey’s life. She has been an advisor and board member for nonprofit and high-profile organizations like 2016 Americas Masters Games, 2015 FIFA Women’s World Cup, Sport BC, BC Athletics, and SBC Insurance Ltd.

Carey has a Bachelor of Commerce, a CA-CPA designation and is a member of YPO. In addition, she was recently nominated for YWCA’s Women of Distinction in the business and professions category.

Darin Recchi

A software sales and growth leader with over 20 years experience with high performing sales teams in established through to startup size organizations, Darin has lived in San Francisco, Vancouver and Denver and had the benefit of growing & leading teams in different markets.

Currently leading Sales Enablement & Talent Initiatives at Thoughtexchange, a solution providing online engagement software and has raised $18 million to date. Darin grew his career and held senior sales leadership roles at SAP/Business Objects (previously Vancouver-based Crystal Decisions), Adobe, NetSuite, Allocadia, and PerfectMind, growing and leading sales, renewals & channel organizations responsible for $100s of millions in revenue.

Darin continues to help startups down the path to finding the right people, product, and market fit by helping them focus on execution, the right go-to-market strategy for their size and growth and avoiding many of the pitfalls he’s come across in his experience.

In recent years he brought his experience to volunteer roles and board positions related to high tech at KAST and as a founder of Smart Kootenays, as well as sports leagues his children are involved in.

Tasi Gottschlag

A serial tech entrepreneur with over 12 years experience, Gottschlag is the COO of Keela, an impact technology company committed to building specialized solutions for the nonprofit sector.

Previously the CFO of Voxter Communications, which was acquired in 2018 by Ooma, the #1 ranked free internet phone service among VoIP phone providers. Tasi is part of the leadership team that grew Voxter Communications by 20X.

Tasi is highly experienced in operational efficiency and proficiency, financial management and decision making, people and culture, and navigating the IPO and RTO process.

She gives back to the startup community through her role as an Entrepreneur in Residence at League of Innovators (LOI) a national Canadian charity with a goal of building entrepreneurial acumen for youth, at scale.

In a recent corporate update, VST’s select portfolio companies showed strong performance and achieved significant milestones in terms of revenue growth, product development, and customer acquisition.

Check out VictorySquare.com and sign up to VST’s official newsletter at VictorySquare.com.

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

We’re not an accelerator. We’re not an incubator. We’re venture-builders.

Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF)  builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.

VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using blockchain, AR/VR, and AI to disrupt sectors as diverse as fintech, insurance, health and gaming.

What we do differently for startups

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you’ll scale, monetize and be ready for public listing or private sale.

What we do differently for investors

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSTQF). For investors, we offer early-stage access to the next unicorns before they’re unicorns.

Our portfolio represents a uniquely liquid and secure way for institutional investors to double down on the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)

The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to the completion of the acquisition of an interest in Limitless Blockchain and the timing, cost and terms thereof, the impact of the acquisition on the Company, the strategic direction of the Company, and its goal of broadening its portfolio of interests in innovative companies. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical fact contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

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Victory Square Portfolio Company V2 Games Inc. Announces Private Placement of $3,000,000 CAD

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VANCOUVER, British Columbia, Oct. 24, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) is pleased to announce V2 Games Inc. (“V2 Games”), a wholly-owned subsidiary of the Company, is raising $3,000,000 CAD in a private placement offering (the “Private Placement”) of unsecured convertible debentures (each, a “Debenture”) for gross proceeds of $3,000,000.

Each Debenture issued pursuant to the Private Placement has an issue price of $1,000, a term of two years from the date of issuance and will accrue interest at a rate of 8% per annum. The principal amount of the Debentures, plus accrued and unpaid interest, will be payable in cash on the maturity date unless otherwise converted into common shares of V2 Games prior to such date.

V2 Games is a video and mobile game ventures firm focusing on royalty investments in high-value gaming projects featuring globally-recognized intellectual properties. The company generates cash flow by streaming revenue share from recognizable gaming projects. Examples of these projects include: Pacific Rim: Breach Wars, Rune: Ragnarok, and Hello Kitty. V2 Games previously developed the hit mobile game PAC-MAN Bounce, which got over 20 million downloads.

V2 Games has also incubated and invested in some leading eSports start-ups, including Pepper Esports Inc. and Cash Live. Cash Live recently received an additional $150,000 USD investment from SnapChat.

V2 Games intends to use the net proceeds of the Private Placement for investments in royalty generating gaming projects, general working capital purposes and to prepare for an arrangement to potentially spin-out V2 Games.

“It has been exciting to witness and be a part of the rapid growth of this space in recent years,” said Shafin Diamond Tejani, Chief Executive Officer of Victory Square. “This financing will allow us to build on our growing portfolio of high-value gaming projects featuring globally recognized intellectual properties and our strategy to maximize shareholder value, which includes a working towards the arrangement to spin-out V2 Games.”

“With additional funding into V2 Games, we’re excited to lay the groundwork for our possible public listing, work alongside an even more extensive collection of Internationally renowned IP holders,”

said Sam Chandola, founder of V2 Games.

For further information about the Company, please contact:

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.

VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.

What we do differently for startups

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt.

What we do differently for investors

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSTQF). For investors, we offer early-stage access to the next unicorns before they’re unicorns. Our portfolio represents a transparent, audited and liquid way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)

The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to V2 Games, the Private Placement, the conversion of the Debentures, the use of proceeds of the Private Placement, and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Please visit the company’s website at www.victorysquare.com. For a free report on Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) visit cryptocurrencynews.com 

Please See Disclaimer

Victory Square Technologies Welcomes New Additions to Advisory Board

by

Victory Square further expands its advisory team to increase growth and opportunities for shareholders

  • Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.
  • VST portfolio consists of 20 global companies using artificial intelligence (AI), blockchain, virtual and augmented reality (VR/AR) to disrupt sectors as diverse as fin-tech, insurance, health, and gaming.

VANCOUVER, British Columbia, Oct. 16, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc.(“Victory Square” or the “Company”)(CSE:VST)(FWB: 6F6)(OTC:VSQTF) is very excited to announce that Rizwan Somji, CEO of Channel Gate Technologies, cannabinoids industry pioneer Soheil Samimi and award-winning journalist, Fabian Dawson have joined Victory Square’s advisory team.

The Victory Square advisory team includes industry veterans with extensive backgrounds in the growth, operations, finance, and legal sectors. They provide support to our portfolio companies and help them with commercialization and building scalable businesses. Their additions make the Victory Square team even stronger and provide new structural support to our portfolio companies.

Rizwan Somji

Rizwan (Riz) is the CEO of Channel Gate Technologies, an industry-leading digital supply chain management software, along with its subsidiaries: Cymax, Homesquare, and Freight Club. With a strong emphasis on a personal connection, Rizwan believes in the impact strong and approachable leadership can have. Riz originally joined Channel Gate (then known as Cymax Stores) in 2015 as the VP, Technology, and rapidly moved into the role of COO by the spring of 2017. Within his role of COO, he was responsible for the organizational operations on a day to day basis, while also leading a change in corporate culture towards data-driven, accountable and results-oriented. It was under his leadership that the company reached profitability, and continues to see growth. Riz moved into the CEO role in January of 2019 and continues to lead his teams with empathy and clear direction.

Soheil Samimi

Soheil Samimi is a recognized industry veteran and pioneer in the Hemp and Cannabinoids industry in North America. His various hands-on experiences include being the founder and CEO of a private BC-based company that provided the largest distribution of bulk extracts and white label finished goods in the CBD category across Canada. He was an early investor and former Director of a leading US-based CBD products manufacturer, where he was a key member of the acquisition team which took the company public and grew it to represent a market cap in excess of $250M. He currently serves on the Board of Directors of AgTech Scientific, where he is a founder and significant investor. AgTech Scientific has extensive hemp cultivation, extraction, and manufacturing activities in Kentucky, USA.

Fabian Dawson

A multiple-award-winning journalist, Fabian Dawson is an internationally acclaimed author, filmmaker, and media expert. His work over the last three decades spans the globe and he also serves as a consultant/strategic advisor to a variety of international companies. Dawson was named the 2019 recipient of the Bruce Hutchison Lifetime Achievement Award at Jack Webster Awards, which is one of the most prestigious journalism accolades in Canada. Until August of 2016, Dawson, 58, was the deputy editor-in-chief of The Province newspaper in Vancouver, which is part of the Postmedia group, Canada’s largest media organization. As a journalist, Dawson’s work has taken him all over Asia, Europe, North, and Central America. He serves as an editorial advisor to the Vancouver-based South Asian Post, Asian Pacific Post, and Filipino Post newspapers as well as several publications in Korea, Hong Kong, Malaysia, India, Singapore, Philippines, and England. Dawson is a much sought-after media commentator on Asian affairs and has been called to speak to Members of Parliament in Canada’s House of Commons on matters pertaining to national security and at international seminars sponsored by organizations like the United Nations. Dawson has been invited by the governments of India, Malaysia, Taiwan, China, Hong Kong, and the United States to act as a media observer/advisor on a variety of Asian-Canada issues.

“We’re tremendously excited to add entrepreneurs of this caliber to our advisory board. The experience and knowledge base that these gentlemen bring to the table can be applied across business sectors and we expect they’ll be able to bring a great deal to our portfolio companies moving into 2020 and beyond,” said Shafin Diamond Tejani, CEO of Victory Square Technologies. “Reinforced by these new additions, our team continues to support our portfolio companies as they maximize their growth and accelerate their path to commercialization with well-executed scalable business models,” Tejani added.

Check out VictorySquare.com and sign up for VST’s official newsletter at VictorySquare.com/newsletter.

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF)  builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.

VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using blockchain, AR/VR, and AI to disrupt sectors as diverse as fin-tech, insurance, health, and gaming.

What we do differently for startups:

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24- 36 months, you’ll scale, monetize and be ready for public listing or private sale.

What we do differently for investors:

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSTQF). For investors, we offer early-stage access to the next unicorns before their unicorns.

Our portfolio represents a unique liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)

The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, the strategic direction of the Company, and its goal of broadening its portfolio of interests in innovative companies. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical fact contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Please See Disclaimer

If You Liked This Article Click To Share

Victory Square Adds Three New Advisory Members

by

  • Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.
  • VST portfolio consists of 20 global companies using artificial intelligence (AI), blockchain, virtual and augmented reality (VR/AR) to disrupt sectors as diverse as fin-tech, insurance, health, and gaming.

VANCOUVER, British Columbia, July 25, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST)(FWB: 6F6)(OTC:VSQTF)  is very excited to announce that Darin Recchi, Carey Dillen, and Tasi Gottschlag have joined VST’s advisory team, making the Victory Square team even stronger and providing strategic support to portfolio companies.

VST’s advisors include professionals with deep experience in growth, operation, finance and legal. They provide operational and growth support to portfolio companies and help them with commercialization and building scalable businesses.

“We are thrilled with the addition of three new distinguished and highly experienced advisors to help us improve the competitive positions of our portfolio companies and unlock value-creating opportunities,” said Shafin Diamond Tejani, CEO of Victory Square Technologies.

“Strengthened with these new appointments, our team continues its deep support for select portfolio companies to maximize their growth and accelerate their path to commercialization with well-executed scalable business models ultimately realizing their potential for creating superior shareholder value,” Tejani added.

Joining the current advisory team are the following three experienced individuals:

Carey Dillen

With 20+ years of experience spanning startup to rapid growth environments, Carey harnesses an entrepreneurial drive, strategic mind and strong vision to grow people, profits and purpose. Carey has experience working with well-established organizations to dynamic startups and has contributed extensively to health, wellness, and sports communities locally, nationally and internationally.

Carey is highly experienced in strategy development, operational efficiency, financial management, people development and franchising in both private and publicly listed companies. Carey’s experience in leading teams includes developing the infrastructure to scale for rapid growth from $1 million to $1 billion.

As President of YYOGA and YYOGA at Home (on-demand digital business), she leads the development, growth, and strategy for the company. Initially growing through M&A with other yoga studios in Vancouver, YYOGA’s community has grown to 12 locations within BC and Ontario. Previously, as the VP of Finance for the Vancouver 2010 Olympic Games, Carey was instrumental in the startup, growth, and dissolution of the organization; she also acted as an advisor to London 2012 and Sochi 2014 Olympic Games. In addition, she has held senior leadership positions with some of Canada’s top brands like Boston Pizza, MEC and KPMG.

Giving back to her community is a central part of Carey’s life. She has been an advisor and board member for nonprofit and high-profile organizations like 2016 Americas Masters Games, 2015 FIFA Women’s World Cup, Sport BC, BC Athletics, and SBC Insurance Ltd.

Carey has a Bachelor of Commerce, a CA-CPA designation and is a member of YPO. In addition, she was recently nominated for YWCA’s Women of Distinction in the business and professions category.

Darin Recchi

A software sales and growth leader with over 20 years experience with high performing sales teams in established through to startup size organizations, Darin has lived in San Francisco, Vancouver and Denver and had the benefit of growing & leading teams in different markets.

Currently leading Sales Enablement & Talent Initiatives at Thoughtexchange, a solution providing online engagement software and has raised $18 million to date. Darin grew his career and held senior sales leadership roles at SAP/Business Objects (previously Vancouver-based Crystal Decisions), Adobe, NetSuite, Allocadia, and PerfectMind, growing and leading sales, renewals & channel organizations responsible for $100s of millions in revenue.

Darin continues to help startups down the path to finding the right people, product, and market fit by helping them focus on execution, the right go-to-market strategy for their size and growth and avoiding many of the pitfalls he’s come across in his experience.

In recent years he brought his experience to volunteer roles and board positions related to high tech at KAST and as a founder of Smart Kootenays, as well as sports leagues his children are involved in.

Tasi Gottschlag

A serial tech entrepreneur with over 12 years experience, Gottschlag is the COO of Keela, an impact technology company committed to building specialized solutions for the nonprofit sector.

Previously the CFO of Voxter Communications, which was acquired in 2018 by Ooma, the #1 ranked free internet phone service among VoIP phone providers. Tasi is part of the leadership team that grew Voxter Communications by 20X.

Tasi is highly experienced in operational efficiency and proficiency, financial management and decision making, people and culture, and navigating the IPO and RTO process.

She gives back to the startup community through her role as an Entrepreneur in Residence at League of Innovators (LOI) a national Canadian charity with a goal of building entrepreneurial acumen for youth, at scale.

In a recent corporate update, VST’s select portfolio companies showed strong performance and achieved significant milestones in terms of revenue growth, product development, and customer acquisition.

Check out VictorySquare.com and sign up to VST’s official newsletter at VictorySquare.com.

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

We’re not an accelerator. We’re not an incubator. We’re venture-builders.

Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.

VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using blockchain, AR/VR, and AI to disrupt sectors as diverse as fintech, insurance, health and gaming.

What we do differently for startups

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you’ll scale, monetize and be ready for public listing or private sale.

What we do differently for investors

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSTQF). For investors, we offer early-stage access to the next unicorns before they’re unicorns.

Our portfolio represents a uniquely liquid and secure way for institutional investors to double down on the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)

The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to the completion of the acquisition of an interest in Limitless Blockchain and the timing, cost and terms thereof, the impact of the acquisition on the Company, the strategic direction of the Company, and its goal of broadening its portfolio of interests in innovative companies. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical fact contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Please visit the company’s website at VictorySquare.com. For a free report on Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) visit cryptocurrencynews.com.

Please See Disclaimer

Victory Square Technologies Welcomes New Additions to Advisory Board

by

Victory Square further expands its advisory team to increase growth and opportunities for shareholders

  • Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.
  • VST portfolio consists of 20 global companies using artificial intelligence (AI), blockchain, virtual and augmented reality (VR/AR) to disrupt sectors as diverse as fin-tech, insurance, health, and gaming.

VANCOUVER, British Columbia, Oct. 16, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company”)(CSE:VST)(FWB: 6F6)(OTC:VSQTF) is very excited to announce that Rizwan Somji, CEO of Channel Gate Technologies, cannabinoids industry pioneer Soheil Samimi and award-winning journalist, Fabian Dawson have joined Victory Square’s advisory team.

The Victory Square advisory team includes industry veterans with extensive backgrounds in the growth, operations, finance, and legal sectors. They provide support to our portfolio companies and help them with commercialization and building scalable businesses. Their additions make the Victory Square team even stronger and provide new structural support to our portfolio companies.

Rizwan Somji

Rizwan (Riz) is the CEO of Channel Gate Technologies, an industry-leading digital supply chain management software, along with its subsidiaries: Cymax, Homesquare, and Freight Club. With a strong emphasis on a personal connection, Rizwan believes in the impact strong and approachable leadership can have. Riz originally joined Channel Gate (then known as Cymax Stores) in 2015 as the VP, Technology, and rapidly moved into the role of COO by the spring of 2017. Within his role of COO, he was responsible for the organizational operations on a day to day basis, while also leading a change in corporate culture towards data-driven, accountable and results-oriented. It was under his leadership that the company reached profitability, and continues to see growth. Riz moved into the CEO role in January of 2019 and continues to lead his teams with empathy and clear direction.

Soheil Samimi

Soheil Samimi is a recognized industry veteran and pioneer in the Hemp and Cannabinoids industry in North America. His various hands-on experiences include being the founder and CEO of a private BC-based company that provided the largest distribution of bulk extracts and white label finished goods in the CBD category across Canada. He was an early investor and former Director of a leading US-based CBD products manufacturer, where he was a key member of the acquisition team which took the company public and grew it to represent a market cap in excess of $250M. He currently serves on the Board of Directors of AgTech Scientific, where he is a founder and significant investor. AgTech Scientific has extensive hemp cultivation, extraction, and manufacturing activities in Kentucky, USA.

Fabian Dawson

A multiple-award-winning journalist, Fabian Dawson is an internationally acclaimed author, filmmaker, and media expert. His work over the last three decades spans the globe and he also serves as a consultant/strategic advisor to a variety of international companies. Dawson was named the 2019 recipient of the Bruce Hutchison Lifetime Achievement Award at Jack Webster Awards, which is one of the most prestigious journalism accolades in Canada. Until August of 2016, Dawson, 58, was the deputy editor-in-chief of The Province newspaper in Vancouver, which is part of the Postmedia group, Canada’s largest media organization. As a journalist, Dawson’s work has taken him all over Asia, Europe, North, and Central America. He serves as an editorial advisor to the Vancouver-based South Asian Post, Asian Pacific Post, and Filipino Post newspapers as well as several publications in Korea, Hong Kong, Malaysia, India, Singapore, Philippines, and England. Dawson is a much sought-after media commentator on Asian affairs and has been called to speak to Members of Parliament in Canada’s House of Commons on matters pertaining to national security and at international seminars sponsored by organizations like the United Nations. Dawson has been invited by the governments of India, Malaysia, Taiwan, China, Hong Kong, and the United States to act as a media observer/advisor on a variety of Asian-Canada issues.

“We’re tremendously excited to add entrepreneurs of this caliber to our advisory board. The experience and knowledge base that these gentlemen bring to the table can be applied across business sectors and we expect they’ll be able to bring a great deal to our portfolio companies moving into 2020 and beyond,” said Shafin Diamond Tejani, CEO of Victory Square Technologies. “Reinforced by these new additions, our team continues to support our portfolio companies as they maximize their growth and accelerate their path to commercialization with well-executed scalable business models,” Tejani added.

Check out VictorySquare.com and sign up for VST’s official newsletter at VictorySquare.com/newsletter.

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF)  builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.

VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using blockchain, AR/VR, and AI to disrupt sectors as diverse as fin-tech, insurance, health, and gaming.

What we do differently for startups:

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24- 36 months, you’ll scale, monetize and be ready for public listing or private sale.

What we do differently for investors:

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSTQF). For investors, we offer early-stage access to the next unicorns before their unicorns.

Our portfolio represents a unique liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)

The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, the strategic direction of the Company, and its goal of broadening its portfolio of interests in innovative companies. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical fact contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Please visit the company’s website at VictorySquare.com. For a free report on Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) visit cryptocurrencynews.com.

Please See Disclaimer

Victory Square Technologies Reports 2018 Year End Results And Files CEO Letter to Shareholders

by

  • Results show significant increases in Revenue, Investments, Cash and Working Capital
  • Year highlighted by investment and acquisition of 11 new private companies in 2018
  • $10,000,000 convertible note to build, develop and create long-term value for portfolio companies and VST shareholders.

VANCOUVER, British Columbia, Aug. 21, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) successfully filed its annual consolidated financial statements for 2018 along with its MD&A on Friday, August 16th, 2019. The Company will also be filing its interim financial report and MD&A for the quarterly period ended March 31st, 2019 on or before Friday, August 23rd, 2019.

In a letter to Victory Square shareholders, Chief Executive Officer Shafin Diamond Tejani pointed to significant year-over-year increases in revenues, investments, cash and working capital. The 2018 fiscal year was marked by the addition of 11 new private companies to the Victory Square portfolio (either through investment or acquisition).

Tejani noted a series of financial highlights in his letter to shareholders, including that:

  • Revenue increased by $3,746,522 or 505.48%
  • Portfolio Investments increased by $4,883,293
  • Cash and short term investments increased by 37.62% to $3,736,683
  • Working capital increased to $3,128,864

“The complex nature and scope of the investments in and acquisitions of 11 private companies during Fiscal 2018 created substantive delays in the filing of our audited financial statements,” said Tejani. “We apologize for any inconvenience caused by these delays and will take the requisite steps to ensure that we never again experience that kind of a bump in the road. We are already heading down the path of infrastructure and process improvements that will ensure that we are able to make the most of all of the opportunities before us in 2019 and beyond.”

LETTER TO OUR SHAREHOLDERS

Dear Fellow Shareholders,

The three years since we became Victory Square Technologies have been transformational for our company. The results of our growth since 2016 sees us emerging as a strategically focused group of businesses linked by the power of innovative technologies. Victory Square has teams operating across more than 20 countries.

As is often the case, increased growth leads to greater challenges and we certainly faced those head-ons in recent months. As many of you are aware, a failure-to-file cease trade order in Canada was issued for Victory Square as the result of delays in the filing of our annual audited financial statements for the year ending December 31st, 2018.

Simply put, the nature and scope of the investment in or acquisition of 11 private companies during 2018 meant that our auditors required far more time than expected to complete our Victory Square audit. In our race to change the game, we underestimated the complexities involved in expediting the growth of our portfolio of companies. We apologize for any inconveniences caused by these delays and we’re committed to ensuring we are better prepared for these unforeseen bumps in the road.

We recognize of course that growing is learning, especially in the fast-paced tech sector. Take comfort in knowing that the challenges associated with building such a unique roster of high tech companies and startups have already led to operational, leadership and organizational changes over the past year. Our centralized management team and support and advisory resources have always been one of the big strengths of Victory Square. We will certainly continue to ensure that we are as strong on all aspects of the stewardship required to achieve our collective goals.

We have emerged from this difficult year with a clear view of what’s most important for us to drive future value creation and tangible improvements to our cash flow. Given that we continue to make substantial investments across our business in support of future growth, process and compliance will take on even greater significance to the team at Victory Square. We are confident that with your support, we will parlay these early positive trends into strong momentum over the course of 2019, 2020, and beyond.

To that end, we believe that the actions the Victory Square team took in fiscal 2018 have created exactly that: Growing momentum toward a more successful future.

Here are some financial and investment highlights that validate that perspective shared by our centralized management team:

2018 Financial Highlights

  • Revenue increased by $3,746,522 or 505.48%
  • Portfolio Investments increased by $4,883,293
  • Cash and short term investments increased by 37.62% to $3,736,683
  • Working capital increased to $3,128,864

2018 Investment Highlights:

During the fiscal year 2018, the company added investments in or acquisitions of 11 private companies:

Name Vertical
Co-Pilot (formerly Cassia Research) Automated Lead Gen (SaaS)
Multiplied Networks SD-WAN
V2 Games Inc. e-Gaming/Esports
Payvida Solutions Inc. Payments/Lending
Howyl Ventures Inc. Software Development
Shape Immersive Inc. Augmented Reality (AR)/Cloud
Flo Digital Inc. Virtual Reality/Advertising
Limitless Technologies Inc. Cyber Security/VPN
TaloFlow (formerly LocoNoco Inc.) Cloud Optimization
Cloud Benefit Solutions Inc. Insurance/Benefits
Grow Tech Labs Inc. AgTech/Health

The success of Victory Square is anchored in the dynamic combination and synergies of people, ideas and capital. Going forward into 2019 — armed with access to a $10,000,000 convertible note — we are well equipped to leverage these resources to successfully build, develop and support companies in the global technology sector with the objective of creating long-term value for Victory Square, its network of companies and its shareholders.

Ultimately, Victory Square’s team is committed to incubating and building a new breed of companies set to become the next decade’s technology giants. Thank you for your ongoing support of our vision. We are committed to nothing short of excellence in the weeks, months and years ahead.

Shafin Diamond Tejani, Chief Executive Officer
Victory Square Technologies

Check out VictorySquare.com and sign up to VST’s official newsletter at VictorySquare.com/newsletter.

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.

VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fin-tech, insurance, health, and gaming.

What we do differently for startups

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you’ll scale and be ready to monetize.

What we do differently for investors

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSTQF). For investors, we offer early-stage access to the next unicorns before their unicorns.

Our portfolio represents a unique liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)

The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

Please visit the company’s website atwww.victorysquare.com. For a free report on Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) visit cryptocurrencynews.com.

Please See Disclaimer

Victory Square Adds Three New Advisory Members

by

  • Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.
  • VST portfolio consists of 20 global companies using artificial intelligence (AI), blockchain, virtual and augmented reality (VR/AR) to disrupt sectors as diverse as fin-tech, insurance, health, and gaming.

VANCOUVER, British Columbia, July 25, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST)(FWB: 6F6)(OTC:VSQTF)  is very excited to announce that Darin Recchi, Carey Dillen, and Tasi Gottschlag have joined VST’s advisory team, making the Victory Square team even stronger and providing strategic support to portfolio companies.

VST’s advisors include professionals with deep experience in growth, operation, finance and legal. They provide operational and growth support to portfolio companies and help them with commercialization and building scalable businesses.

“We are thrilled with the addition of three new distinguished and highly experienced advisors to help us improve the competitive positions of our portfolio companies and unlock value-creating opportunities,” said Shafin Diamond Tejani, CEO of Victory Square Technologies.

“Strengthened with these new appointments, our team continues its deep support for select portfolio companies to maximize their growth and accelerate their path to commercialization with well-executed scalable business models ultimately realizing their potential for creating superior shareholder value,” Tejani added.

Joining the current advisory team are the following three experienced individuals:

Carey Dillen

With 20+ years of experience spanning startup to rapid growth environments, Carey harnesses an entrepreneurial drive, strategic mind and strong vision to grow people, profits and purpose. Carey has experience working with well-established organizations to dynamic startups and has contributed extensively to health, wellness, and sports communities locally, nationally and internationally.

Carey is highly experienced in strategy development, operational efficiency, financial management, people development and franchising in both private and publicly listed companies. Carey’s experience in leading teams includes developing the infrastructure to scale for rapid growth from $1 million to $1 billion.

As President of YYOGA and YYOGA at Home (on-demand digital business), she leads the development, growth, and strategy for the company. Initially growing through M&A with other yoga studios in Vancouver, YYOGA’s community has grown to 12 locations within BC and Ontario. Previously, as the VP of Finance for the Vancouver 2010 Olympic Games, Carey was instrumental in the startup, growth, and dissolution of the organization; she also acted as an advisor to London 2012 and Sochi 2014 Olympic Games. In addition, she has held senior leadership positions with some of Canada’s top brands like Boston Pizza, MEC and KPMG.

Giving back to her community is a central part of Carey’s life. She has been an advisor and board member for nonprofit and high-profile organizations like 2016 Americas Masters Games, 2015 FIFA Women’s World Cup, Sport BC, BC Athletics, and SBC Insurance Ltd.

Carey has a Bachelor of Commerce, a CA-CPA designation and is a member of YPO. In addition, she was recently nominated for YWCA’s Women of Distinction in the business and professions category.

Darin Recchi

A software sales and growth leader with over 20 years experience with high performing sales teams in established through to startup size organizations, Darin has lived in San Francisco, Vancouver and Denver and had the benefit of growing & leading teams in different markets.

Currently leading Sales Enablement & Talent Initiatives at Thoughtexchange, a solution providing online engagement software and has raised $18 million to date. Darin grew his career and held senior sales leadership roles at SAP/Business Objects (previously Vancouver-based Crystal Decisions), Adobe, NetSuite, Allocadia, and PerfectMind, growing and leading sales, renewals & channel organizations responsible for $100s of millions in revenue.

Darin continues to help startups down the path to finding the right people, product, and market fit by helping them focus on execution, the right go-to-market strategy for their size and growth and avoiding many of the pitfalls he’s come across in his experience.

In recent years he brought his experience to volunteer roles and board positions related to high tech at KAST and as a founder of Smart Kootenays, as well as sports leagues his children are involved in.

Tasi Gottschlag

A serial tech entrepreneur with over 12 years experience, Gottschlag is the COO of Keela, an impact technology company committed to building specialized solutions for the nonprofit sector.

Previously the CFO of Voxter Communications, which was acquired in 2018 by Ooma, the #1 ranked free internet phone service among VoIP phone providers. Tasi is part of the leadership team that grew Voxter Communications by 20X.

Tasi is highly experienced in operational efficiency and proficiency, financial management and decision making, people and culture, and navigating the IPO and RTO process.

She gives back to the startup community through her role as an Entrepreneur in Residence at League of Innovators (LOI) a national Canadian charity with a goal of building entrepreneurial acumen for youth, at scale.

In a recent corporate update, VST’s select portfolio companies showed strong performance and achieved significant milestones in terms of revenue growth, product development, and customer acquisition.

Check out VictorySquare.com and sign up to VST’s official newsletter at VictorySquare.com.

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

We’re not an accelerator. We’re not an incubator. We’re venture-builders.

Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.

VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using blockchain, AR/VR, and AI to disrupt sectors as diverse as fintech, insurance, health and gaming.

What we do differently for startups

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you’ll scale, monetize and be ready for public listing or private sale.

What we do differently for investors

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSTQF). For investors, we offer early-stage access to the next unicorns before they’re unicorns.

Our portfolio represents a uniquely liquid and secure way for institutional investors to double down on the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)

The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to the completion of the acquisition of an interest in Limitless Blockchain and the timing, cost and terms thereof, the impact of the acquisition on the Company, the strategic direction of the Company, and its goal of broadening its portfolio of interests in innovative companies. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical fact contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Please visit the company’s website at VictorySquare.com. For a free report on Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) visit cryptocurrencynews.com.

Please See Disclaimer

Victory Square Portfolio Company V2 Games Inc. Announces Private Placement of $3,000,000 CAD

by

VANCOUVER, British Columbia, Oct. 24, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) is pleased to announce V2 Games Inc. (“V2 Games”), a wholly-owned subsidiary of the Company, is raising $3,000,000 CAD in a private placement offering (the “Private Placement”) of unsecured convertible debentures (each, a “Debenture”) for gross proceeds of $3,000,000.

Each Debenture issued pursuant to the Private Placement has an issue price of $1,000, a term of two years from the date of issuance and will accrue interest at a rate of 8% per annum. The principal amount of the Debentures, plus accrued and unpaid interest, will be payable in cash on the maturity date unless otherwise converted into common shares of V2 Games prior to such date.

V2 Games is a video and mobile game ventures firm focusing on royalty investments in high-value gaming projects featuring globally-recognized intellectual properties. The company generates cash flow by streaming revenue share from recognizable gaming projects. Examples of these projects include: Pacific Rim: Breach Wars, Rune: Ragnarok, and Hello Kitty. V2 Games previously developed the hit mobile game PAC-MAN Bounce, which got over 20 million downloads.

V2 Games has also incubated and invested in some leading eSports start-ups, including Pepper Esports Inc. and Cash Live. Cash Live recently received an additional $150,000 USD investment from SnapChat.

V2 Games intends to use the net proceeds of the Private Placement for investments in royalty generating gaming projects, general working capital purposes and to prepare for an arrangement to potentially spin-out V2 Games.

“It has been exciting to witness and be a part of the rapid growth of this space in recent years,” said Shafin Diamond Tejani, Chief Executive Officer of Victory Square. “This financing will allow us to build on our growing portfolio of high-value gaming projects featuring globally recognized intellectual properties and our strategy to maximize shareholder value, which includes a working towards the arrangement to spin-out V2 Games.”

“With additional funding into V2 Games, we’re excited to lay the groundwork for our possible public listing, work alongside an even more extensive collection of Internationally renowned IP holders,”

said Sam Chandola, founder of V2 Games.

For further information about the Company, please contact:

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.

VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.

What we do differently for startups

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt.

What we do differently for investors

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSTQF). For investors, we offer early-stage access to the next unicorns before they’re unicorns. Our portfolio represents a transparent, audited and liquid way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)

The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to V2 Games, the Private Placement, the conversion of the Debentures, the use of proceeds of the Private Placement, and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Please See Disclaimer

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Victory Square Technologies Reports 2018 Year End Results And Files CEO Letter to Shareholders

by

  • Results show significant increases in Revenue, Investments, Cash and Working Capital
  • Year highlighted by investment and acquisition of 11 new private companies in 2018
  • $10,000,000 convertible note to build, develop and create long-term value for portfolio companies and VST shareholders.

VANCOUVER, British Columbia, Aug. 21, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) successfully filed its annual consolidated financial statements for 2018 along with its MD&A on Friday, August 16th, 2019. The Company will also be filing its interim financial report and MD&A for the quarterly period ended March 31st, 2019 on or before Friday, August 23rd, 2019.

In a letter to Victory Square shareholders, Chief Executive Officer Shafin Diamond Tejani pointed to significant year-over-year increases in revenues, investments, cash and working capital. The 2018 fiscal year was marked by the addition of 11 new private companies to the Victory Square portfolio (either through investment or acquisition).

Tejani noted a series of financial highlights in his letter to shareholders, including that:

  • Revenue increased by $3,746,522 or 505.48%
  • Portfolio Investments increased by $4,883,293
  • Cash and short term investments increased by 37.62% to $3,736,683
  • Working capital increased to $3,128,864

“The complex nature and scope of the investments in and acquisitions of 11 private companies during Fiscal 2018 created substantive delays in the filing of our audited financial statements,” said Tejani. “We apologize for any inconvenience caused by these delays and will take the requisite steps to ensure that we never again experience that kind of a bump in the road. We are already heading down the path of infrastructure and process improvements that will ensure that we are able to make the most of all of the opportunities before us in 2019 and beyond.”

LETTER TO OUR SHAREHOLDERS

Dear Fellow Shareholders,

The three years since we became Victory Square Technologies have been transformational for our company. The results of our growth since 2016 sees us emerging as a strategically focused group of businesses linked by the power of innovative technologies. Victory Square has teams operating across more than 20 countries.

As is often the case, increased growth leads to greater challenges and we certainly faced those head-ons in recent months. As many of you are aware, a failure-to-file cease trade order in Canada was issued for Victory Square as the result of delays in the filing of our annual audited financial statements for the year ending December 31st, 2018.

Simply put, the nature and scope of the investment in or acquisition of 11 private companies during 2018 meant that our auditors required far more time than expected to complete our Victory Square audit. In our race to change the game, we underestimated the complexities involved in expediting the growth of our portfolio of companies. We apologize for any inconveniences caused by these delays and we’re committed to ensuring we are better prepared for these unforeseen bumps in the road.

We recognize of course that growing is learning, especially in the fast-paced tech sector. Take comfort in knowing that the challenges associated with building such a unique roster of high tech companies and startups have already led to operational, leadership and organizational changes over the past year. Our centralized management team and support and advisory resources have always been one of the big strengths of Victory Square. We will certainly continue to ensure that we are as strong on all aspects of the stewardship required to achieve our collective goals.

We have emerged from this difficult year with a clear view of what’s most important for us to drive future value creation and tangible improvements to our cash flow. Given that we continue to make substantial investments across our business in support of future growth, process and compliance will take on even greater significance to the team at Victory Square. We are confident that with your support, we will parlay these early positive trends into strong momentum over the course of 2019, 2020, and beyond.

To that end, we believe that the actions the Victory Square team took in fiscal 2018 have created exactly that: Growing momentum toward a more successful future.

Here are some financial and investment highlights that validate that perspective shared by our centralized management team:

2018 Financial Highlights

  • Revenue increased by $3,746,522 or 505.48%
  • Portfolio Investments increased by $4,883,293
  • Cash and short term investments increased by 37.62% to $3,736,683
  • Working capital increased to $3,128,864

2018 Investment Highlights:

During the fiscal year 2018, the company added investments in or acquisitions of 11 private companies:

Name Vertical
Co-Pilot (formerly Cassia Research) Automated Lead Gen (SaaS)
Multiplied Networks SD-WAN
V2 Games Inc. e-Gaming/Esports
Payvida Solutions Inc. Payments/Lending
Howyl Ventures Inc. Software Development
Shape Immersive Inc. Augmented Reality (AR)/Cloud
Flo Digital Inc. Virtual Reality/Advertising
Limitless Technologies Inc. Cyber Security/VPN
TaloFlow (formerly LocoNoco Inc.) Cloud Optimization
Cloud Benefit Solutions Inc. Insurance/Benefits
Grow Tech Labs Inc. AgTech/Health

The success of Victory Square is anchored in the dynamic combination and synergies of people, ideas and capital. Going forward into 2019 — armed with access to a $10,000,000 convertible note — we are well equipped to leverage these resources to successfully build, develop and support companies in the global technology sector with the objective of creating long-term value for Victory Square, its network of companies and its shareholders.

Ultimately, Victory Square’s team is committed to incubating and building a new breed of companies set to become the next decade’s technology giants. Thank you for your ongoing support of our vision. We are committed to nothing short of excellence in the weeks, months and years ahead.

Shafin Diamond Tejani, Chief Executive Officer
Victory Square Technologies

Check out VictorySquare.com and sign up to VST’s official newsletter at VictorySquare.com/newsletter.

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits.

VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fin-tech, insurance, health, and gaming.

What we do differently for startups

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you’ll scale and be ready to monetize.

What we do differently for investors

VST is a publicly-traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSTQF). For investors, we offer early-stage access to the next unicorns before their unicorns.

Our portfolio represents a unique liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)

The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets.

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