$VSBGF VSBLTY Groupe UpdateBroader markets are pulling back and $VSBGF has found it's footing. There's been recent communication from the CEO regarding partnerships and what's shaping up to be potential of an acquisition (rumor).
VSBLTY continues to land deals and the recent fundraising wasn't received well in the markets during a down cycle... but peeling back the layers, it's evident this isn't a dilution so much as giving runway for takeoff.
The market downturn has impacted the price, but it's not throwing money away imo... I am continuing to DCA into a company with a significant value add to to retail and security.
Strong Buy from my perspective.
VSBGF
VSBLTY Groupe VSBGF Continues Growing$VSBGF recently took a dip, not only because of the broader "risk-off" environment and economic headwinds... recently announcing 16.7 million shares at a $0.30 offering with a warrant for additional purchase of common stock at $0.50 as well as private sale of 10 mil units for $3 million USD.
Market response was bearish, on the surface this is seemingly bad as shareholders are diluted... however, peeling back the layers reveals Jay (CEO) and team are continuing to land big partnerships and agreements in the retail space.
DYOR and you'll find tremendous building tailwinds and a company delivering against a bullish impermanent plan and a very bright future.
Their tech is innovative and a significant value add to the market. Don't lose sight of what they're doing and don't fall asleep as the delivery begins yielding more revenue and in short order, profits.
Upcoming $VSBGF Earnings - Price TargetNew company with a very bright future.
VSBLTY Groupe Technologies Corp $VSBGF earnings report is expected on May 4th. The company has just begun to turn profits, signed numerous big name agreements with global companies, and continues to present a very bright future.
Sensors & displays in retail sales environments, artificial intelligence, security... this is a sleeping giant.
November 21 earnings resulted in >30% spike in the face of broader market downturn and macroeconomic headwinds pulling the company down.
The more broad negative market sentiment presents a rare opportunity to continue to load up on shares prior to the next earnings report on 4 May.
The stock is significantly undervalued with revenue projected to increase >45% this year
PE of -6.7x, market PE is 44.5x & the broader market is 12.6x
As a nascent company with a strong pipeline and implementations on track, the PB rating of 17.8x is just scratching the surface as it has just a 16% debt to equity ratio.