VVVFF Stock News 0.0320 05/06/2014 16:54:46 Versatile Systems

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Versatile Credit Introduces The Hive(TM) to Its Retail Lending Ecosystem
Business Wire - Tue Apr 15, 6:30AM CDT
Versatile Credit, the leading provider of innovative solutions linking bank lenders with consumers applying for credit in retail stores, today announced the launch of The Hive, a new countertop kiosk designed to fit in more store environments. Versatile Credit is a business unit of Versatile Systems Inc. (TSX Venture Exchange: VV).

Versatile Systems Appoints Vicki Turjan Chief Financial Officer
Business Wire - Fri Apr 11, 6:30AM CDT
Versatile Systems Inc. (trading symbol on the TSX Venture Exchange: VV) ("Versatile" or the "Company" today announced that it has appointed Vicki Turjan as chief financial officer. Turjan will lead the company's finance and administrative teams and will execute financial strategies to enhance Versatile's growth and increase operational efficiencies.

Versatile Announces Completion of Rights Offering
Marketwire - Fri Mar 21, 7:53AM CDT
Versatile Systems Inc. (TSX VENTURE: VV) ("Versatile" or the "Company" today announced that the Company successfully completed the offering of rights (the "Offering" previously announced on February 3, 2014. The Offering was made in all of the provinces and territories of Canada.

Versatile Reports Second Quarter Results
Marketwire - Mon Feb 24, 4:42PM CST
Versatile Systems Inc. (TSX VENTURE: VV), announces its results for the second quarter of the 2014 fiscal year.

Versatile Credit Ecosystem Enables $158 Million in Lender-Approved Customer Credit for Retailers During Recent Holiday Shopping Season
Business Wire - Tue Feb 11, 6:30AM CST
Versatile Credit's turnkey solution linking bank lenders with consumers applying for credit in retail stores enabled more than $158 million in approved credit for customers of major retail outlets during the extended holiday shopping season, Nov. 29 - Jan. 5. Versatile Credit is a business unit of Versatile Systems Inc. (TSX Venture Exchange: VV).

CIRCOR Aerospace Selects Chris Reuther for Vice President of Finance
Marketwire - Wed Feb 05, 7:01AM CST
CIRCOR Aerospace & Defense, a division of CIRCOR International Inc., has selected Chris Reuther as Group Vice President of Finance based in Corona, CA. He will have division enterprise-wide oversight for controls and compliance, financial planning and analysis, strategic planning, operations planning, pricing and proposals, general accounting and financial reporting.

BARDA Awards Contract Worth up to $90 Million to The Medicines Company/Rempex for Development of Gram-Negative Antibiotic
Marketwire - Wed Feb 05, 7:01AM CST
The Medicines Company (NASDAQ: MDCO) today announced that Rempex Pharmaceuticals, a wholly owned subsidiary, has been awarded a contract by the Biomedical Advanced Research and Development Authority (BARDA) worth up to $90 million to support the development of Carbavance(TM). Carbavance is a combination of a carbapenem antibiotic with a novel beta-lactamase inhibitor for treatment of multi-drug resistant (MDR) gram-negative infections.

Versatile Announces Rights Offering and Provides Update on Arrangement With Mobiquity
Marketwire - Mon Feb 03, 7:31PM CST
Versatile Systems Inc. (TSX VENTURE: VV) ("Versatile" or the "Company" today announced that, further to its news release of December 16, 2013, the Company will be offering rights (the "Offering" to holders of its common shares (the "Common Shares" of record at the close of business on February 18, 2014 (the "Record Date" expiring March 19, 2014 ("Expiry Date". The Offering will be made in all of the provinces and territories of Canada.

Versatile Announces Results of Annual General and Special Meeting
Marketwire - Wed Jan 29, 3:31PM CST
Versatile Systems Inc. (TSX VENTURE: VV) ("Versatile" or the "Company" announces the results of its annual general and special meeting, which was held January 24, 2014.

Bertrand Des Pallieres and SPQR Capital Holdings SA Acquire Interest in Versatile Systems Inc.
Marketwire - Fri Jan 17, 11:28AM CST
Bertrand des Pallieres announces that he has completed a loan to Versatile Systems Inc. (the "Issuer" of $389,293 (the "des Pallieres Loan". SPQR Capital Holdings SA ("SPQR", a corporation controlled by Mr. des Pallieres, has concurrently completed a loan to the Issuer of $259,527 (the "SPQR Loan". The des Pallieres Loan and the SPQR Loan (collectively, the "Loans" bear an interest rate of 14% per annum and mature two years from the date of advance. The principal of the Loans is convertible at the option of Mr. des Pallieres and SPQR into common shares of the Issuer ("Common Shares" at a conversion price as follows: (a) if the Issuer's previously announced 10 for 1 consolidation (the "Consolidation" has not been completed, at a conversion price of $0.05 per share until the first anniversary of advance and $0.10 per share thereafter; and (b) following completion of the Consolidation, at a conversion price of $0.35 per share (equal to $0.035 per share pre-Consolidation). The Loans represent 100% of the convertible loans of the Issuer.

Versatile Completes Convertible Loan
Marketwire - Thu Jan 16, 1:57PM CST
Versatile Systems Inc. (TSX VENTURE: VV) ("Versatile" or the "Company" today announced that, further to its news release of December 23, 2013, it has completed the previously announced convertible loan with Bertrand des Pallieres and SPQR Capital Holdings SA (the "Convertible Loan".

Versatile Announces Convertible Loan
Marketwire - Mon Dec 23, 6:55PM CST
Versatile Systems Inc. (TSX VENTURE: VV) ("Versatile" or the "Company" today announced that, further to its news release of December 16, 2013, it has agreed with Bertrand des Pallieres and SPQR Capital Holdings SA as to the terms of a convertible loan (the "Convertible Loan".

Versatile Obtains Bridge Loan and Announces Rights Offering
Marketwire - Mon Dec 16, 3:48PM CST
Versatile Systems Inc. (TSX VENTURE: VV) ("Versatile" or the "Company" today announced that it entered into a loan agreement with Bertrand des Pallieres (the "Lender", a director and significant shareholder of the Company, under which the Lender has loaned to the Company Cdn$786,400 by way of a bridge loan (the "Bridge Loan". The proceeds from the Bridge Loan will be used for working capital for the Company and its subsidiaries. In connection with the Bridge Loan, the Company has agreed to use reasonable commercial efforts to undertake and complete a rights offering (the "Rights Offering" by way of a rights offering circular before March 31, 2014.
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