- Victory Square Technologies (VST) has provided a corporate update for the period from January 1, 2021 to May 31, 2021
- CEO Shafin Diamond Tejani stated, “While 2020 represented an ‘Inflection Point’ in the Victory Square business model, 2021 can be labelled the ‘Harvest’”
- The company plans on capitalizing on its 2020 success throughout the 2021 fiscal year with more partnerships on the horizon
- Victory Square Technologies is a venture accelerator that incubates and finances best-in-class technology entrepreneurs.
- Victory Square Technologies Inc. (VST) remains steady, trading at $0.76 per share
Victory Square Technologies (VST) has provided a corporate update for the period from January 1, 2021 to May 31, 2021.
The update included financial and business highlights from the five-month period, including several new acquisitions and partnerships for the company.
“While 2020 represented an ‘Inflection Point’ in the Victory Square business model, 2021 can be labelled the ‘Harvest’,” remarked Victory Square CEO Shafin Diamond Tejani.
The company plans on capitalizing on its 2020 success throughout the 2021 fiscal year with more partnerships on the horizon.
Victory Square Technologies provides investors access to a diverse portfolio of next generation internet companies in key sectors, including digital health, gaming, blockchain, AR/VR, cybersecurity, the circular economy, and cloud computing.
In January, Immersive Tech, a Victory Square subsidiary, announced the launch of the world’s first COVID-safe virtual reality entertainment system, UNCONTAINED, and in April announced that Immersive had signed a letter of agreement for the sale of ten units of the attraction.
The company also appointed several new board members and strategic advisors to its team, including three “game changers” that were appointed in March.
“Over the past 48 months, the company has teamed up with some of the brightest and forward thinking entrepreneurs from around the world,” said Mr. Tejani. “Following the successful spin-off of FansUnite in 2020, we’ve got GameOn, Immersive and potentially 3 more portfolio companies teed up to be spun off in the next 12 months.”
GameOn Entertainment Technologies is slotted to begin trading on the CSE under the symbol CSE:GET on June 1, 2021.
“In addition, we’ve seen significant growth in 2021 from our other portfolio companies, including Covalent, Hydreight, and the recent launch of DiscreetCare.com,” said Mr. Tejani.
Victory Square Technologies is a venture accelerator that incubates and finances best-in-class technology entrepreneurs.
Victory Square Technologies Inc. (VST) remains steady, trading at $0.76 per share as of 2:29 pm ET.
