VSTR
Company Info
About ValueSetters
Valuesetters (OTCQB:VSTR) is a next generation Music, Movies and Media Entertainment company. Its focused on large-scale investments and operations in media, entertainment, mobile and technology businesses. We invest and build innovative companies capitalizing on technology disruption that are positioned for rapid growth and market leadership. We partner with management teams to enhance business growth and profitability through a combination of strategic capital and operational insight. Valuesetters is publicly traded. (OTCQB:VSTR)
Valuesetters (OTCQB:VSTR) is led by an integrated team of investors and operators with deep technology, operating, and private equity experience. We aim to serve as trusted advisors to management, helping them take advantage of technology industry shifts, scale their businesses, recruit top talent, and pursue new growth initiatives.
Company Officers
Manuel Teixeira, Chairman and CEO
Sean Lee
Tom Carmody
Contact Info
430 North Street
White Plains, NY 10605
Phone: 845-738-8023
mannyteixeira@gmail.com
info@valuesetters.com
Share Structure
Oustanding: 500,000,000
Authorized: 500,000,000
Public Float: 122,263,856
www.otcmarkets.com/stock/VSTR
Latest VSTR News
"Nolan Bushnell Joins the Valuesetters Advisory Board"
WHITE PLAINS, N.Y. / ACCESSWIRE / April 22, 2014 / Valuesetters Inc. (VSTR) announced the appointment of Nolan Bushnell, a famed video game developer and visionary, to its advisory board.
Mr. Bushnell is best known for founding Atari Corp. in 1971 and serving as its CEO until 1978. Atari, which developed the legendary games of PONG, Breakout and Asteroids, was an industry pioneer and the dominant manufacturer of video games for both consumer and coin-operated markets. Nolan Bushnell also founded Chuck E. Cheese's in 1976, officially being labeled as the first family restaurant to integrate food, animated entertainment, and an indoor arcade. Mr. Bushnell has also served as a consultant to a variety of companies including Bally Manufacturing and IBM. In 2009 he received the Academy Fellowship by the British Academy of Film and Television Arts for all his achievements in the video game industry. He is currently CEO of BrainRush, his education software company that uses video game metrics to addict learners to academic subjects, and is an active speaker at universities and corporate and industry events. Additionally he recently became a published author, with his book “Finding the Next Steve Jobs.”
Valuesetter’s Chief Executive Officer, Manny Teixeira, noted, “We bought netgames.com three years ago as our first step into Internet games, and we are extremely pleased to be at the point where we can attract a game legend to our advisory board. Nolan is involved with the development of streaming media distribution models for Internet entertainment and brings us valuable leadership experience as an entrepreneur in the technology industry.”
Mr. Bushnell commented, “I am honored to join the Valuesetters team, which includes noteworthy entrepreneurs, such as Joe Abrams. I believe they are in a good space and can catapult themselves to a position where they are successfully distributing online games, music and movies.”
"Valuesetters Appoints Joe Abrams to Advisory Board"
WHITE PLAINS, N.Y. / ACCESSWIRE / April 9, 2014 / Valuesetters Inc. (VSTR), a technology platform company that provides online games, music, movies and voice and video calling, announced that it has secured the services of Joe Abrams for a three-year term on its advisory board. Mr. Abrams is the co-founder of Software Toolworks, one of the nation’s first consumer software companies and the co-founder of the parent company of MySpace, the world’s first major social networking site.
Valuesetter’s Chief Executive Officer, Manny Teixeira, noted, “We are delighted with Joe’s appointment. He is a technology visionary who specializes in working with micro-cap and small-cap companies to build shareholder value. His successful ventures and business relationships will be beneficial to our company.”
Mr. Abrams noted, “I too am delighted to help the Valuesetter’s team build shareholder value. I am happy to say that I am already helping the company evaluate two transactions that may have a significant impact on the growth of the company.”
“Joe has been assisting us for some time now,” continued Teixeira, “and we now have a formal agreement for his duties in an advisory role. We look forward to briefing investors with future updates on the company’s milestones and achievements.”
"Valuesetters Inc to Jointly Develop and Operate Android Communications Platform"
[ACCESSWIRE]
WHITE PLAINS, NY / ACCESSWIRE / March 31, 2014 / Valuesetters Inc. (OTCQB:VSTR) announced that it has signed an agreement with Pervasip Corp. (OTCPK.PVSP) to develop and operate its V-Star calling app on the Google Play store. The integrated products will allow V-Star to launch a full-featured mobile communications service. Valuesetter's Chief Executive Officer, Manny Teixeira, noted, "We are very excited about our agreement to add these services to our platform and start selling our new products on the Google Play store. We are developing V-Star as our brand, and we look forward to marketing our product to over 1 billion Android users." The V-Star app will provide free voice and video calls and free text messaging to other app users, in addition to a variety of paid calling plans for users that want to connect to the public switched telephone network.
Teixeira continued, "The application is very sophisticated and contains several features that we believe will be appealing to our game users and the music and movie subscribers that we plan to attract. The V-Star app fits perfectly into our business model of selling high-quality and desirable digital products without taking on fixed overhead. It is an important piece in our digital plan."
Pervasip is now offering a white-labeled version of its popular calling app to companies that want to market mobile communications under their own brand name. An app user can subscribe entirely on the phone and choose a phone number from a list of 57 countries without leaving the interface.
In addition to the free calling plans, the mobile VoIP plans start at $1.00 for consumers who want the enhanced calling features and the ability to connect to any phone number in the world.
"Valuesetters Adds Secure Voice Communications for the Chinese, Indian, Romanian and Russian Markets to its Music,Movie and Game Distribution Platform"
WHITE PLAINS, N.Y. / February 5, 2014 / Valuesetters Inc. (VSTR) has signed an agreement that allows it to sell a mobile VoIP app, with telephone numbers from China, Romania, the Russian Federation and the United States, to Android device users in China, India, Romania and Russia.
Chief Executive Officer, Manuel Teixeira, noted, "We are integrating a network, which provides users with low-cost international mobile telephone calling services, into our distribution channels. We can now provide an easy to download app, which comes with premium calling features, such as a unique telephone number, voice mail, call recording and the ability to call any phone number on the public switched telephone network.”
Valuesetters can now sell to subscribers anywhere in the world, an app for a virtual Chinese, Russian, Romanian or United States local telephone number for their mobile phone. An additional benefit of the app is that a subscriber’s friends and family, who do not have the app, can call app subscribers in international destinations and incur only the cost of making a local call.
“We believe this mobile VoIP product is a good complement to our online games, music and movie business,” continued Teixeira. “We plan to assemble a variety of Internet-based digital products that are enjoyable for consumers to use.”
From Latest 10-Q
As of January 31, 2014 and April 30, 2013, the Company owed its principal lender (“Lender”) $90,897 and $69,254, respectively, under a revolving loan and security agreement (“Loan”) dated April 28, 2011. The maximum amount of the Loan is $250,000, and the Loan is payable on demand by its Lender. The Lender is also the majority shareholder of the Company, owning 295,219,103 shares of common stock, or 59% of the 500,000,000 shares issued and outstanding.
In connection with the financing, the Company has agreed to certain restrictive covenants, including, among others, that the Company may not convey, sell lease, transfer or otherwise dispose of any part of its business or property, except as permitted in the agreement, dissolve, liquidate or merge with any other party unless, in the case of a merger, the Company is the surviving entity, incur any indebtedness except as defined in the agreement, create or allow an lien on any of its assets or collateral that has been pledge to the Lender, make any loans to any person, except for prepaid items or deposits incurred in the ordinary course of business, or make any material capital expenditures
To secure the payment of all obligations to the lender, the Company granted to the lender a continuing security interest and first lien on all of the assets of the Company.
As of January 31, 2014 and April 30, 2013, the Company owed a board member $314,000 in a demand note payable dated April 30, 2011. The note represents monies lent to the Company by the board member under a home equity line of credit and the Company accrues interest payable to the board member for the actual interest charged under the home equity line of credit. The same board member has personally guaranteed a bank line of credit under which the Company has borrowed $50,000, and including unpaid interest, owes $49,150 and $50,229 as of January 31, 2014 and April 30, 2013, respectively. The Company pays the monthly interest expense on the bank line of credit.
Company Statement re: Merger with 30FOLD
As of October 11, 2007, the merger between 30Fold LLC and Value Setters Inc. has been completed. We believe that this merger has a very synergistic effect. The company we are merging with is a customer of ours in that we supply a large portion of their product. They are member based and thus bring to us a membership base that exceeds 7000 members. We know that many members are retailers both online and brick and mortar stores. We assure you that this base of retailers will be of benefit to all our vendors and thus encourage all of you to pass on this opportunity to any supply base that you may know.
Company Info
About ValueSetters
Valuesetters (OTCQB:VSTR) is a next generation Music, Movies and Media Entertainment company. Its focused on large-scale investments and operations in media, entertainment, mobile and technology businesses. We invest and build innovative companies capitalizing on technology disruption that are positioned for rapid growth and market leadership. We partner with management teams to enhance business growth and profitability through a combination of strategic capital and operational insight. Valuesetters is publicly traded. (OTCQB:VSTR)
Valuesetters (OTCQB:VSTR) is led by an integrated team of investors and operators with deep technology, operating, and private equity experience. We aim to serve as trusted advisors to management, helping them take advantage of technology industry shifts, scale their businesses, recruit top talent, and pursue new growth initiatives.
Company Officers
Manuel Teixeira, Chairman and CEO
Sean Lee
Tom Carmody
Contact Info
430 North Street
White Plains, NY 10605
Phone: 845-738-8023
mannyteixeira@gmail.com
info@valuesetters.com
Share Structure
Oustanding: 500,000,000
Authorized: 500,000,000
Public Float: 122,263,856
www.otcmarkets.com/stock/VSTR
Latest VSTR News
"Nolan Bushnell Joins the Valuesetters Advisory Board"
WHITE PLAINS, N.Y. / ACCESSWIRE / April 22, 2014 / Valuesetters Inc. (VSTR) announced the appointment of Nolan Bushnell, a famed video game developer and visionary, to its advisory board.
Mr. Bushnell is best known for founding Atari Corp. in 1971 and serving as its CEO until 1978. Atari, which developed the legendary games of PONG, Breakout and Asteroids, was an industry pioneer and the dominant manufacturer of video games for both consumer and coin-operated markets. Nolan Bushnell also founded Chuck E. Cheese's in 1976, officially being labeled as the first family restaurant to integrate food, animated entertainment, and an indoor arcade. Mr. Bushnell has also served as a consultant to a variety of companies including Bally Manufacturing and IBM. In 2009 he received the Academy Fellowship by the British Academy of Film and Television Arts for all his achievements in the video game industry. He is currently CEO of BrainRush, his education software company that uses video game metrics to addict learners to academic subjects, and is an active speaker at universities and corporate and industry events. Additionally he recently became a published author, with his book “Finding the Next Steve Jobs.”
Valuesetter’s Chief Executive Officer, Manny Teixeira, noted, “We bought netgames.com three years ago as our first step into Internet games, and we are extremely pleased to be at the point where we can attract a game legend to our advisory board. Nolan is involved with the development of streaming media distribution models for Internet entertainment and brings us valuable leadership experience as an entrepreneur in the technology industry.”
Mr. Bushnell commented, “I am honored to join the Valuesetters team, which includes noteworthy entrepreneurs, such as Joe Abrams. I believe they are in a good space and can catapult themselves to a position where they are successfully distributing online games, music and movies.”
"Valuesetters Appoints Joe Abrams to Advisory Board"
WHITE PLAINS, N.Y. / ACCESSWIRE / April 9, 2014 / Valuesetters Inc. (VSTR), a technology platform company that provides online games, music, movies and voice and video calling, announced that it has secured the services of Joe Abrams for a three-year term on its advisory board. Mr. Abrams is the co-founder of Software Toolworks, one of the nation’s first consumer software companies and the co-founder of the parent company of MySpace, the world’s first major social networking site.
Valuesetter’s Chief Executive Officer, Manny Teixeira, noted, “We are delighted with Joe’s appointment. He is a technology visionary who specializes in working with micro-cap and small-cap companies to build shareholder value. His successful ventures and business relationships will be beneficial to our company.”
Mr. Abrams noted, “I too am delighted to help the Valuesetter’s team build shareholder value. I am happy to say that I am already helping the company evaluate two transactions that may have a significant impact on the growth of the company.”
“Joe has been assisting us for some time now,” continued Teixeira, “and we now have a formal agreement for his duties in an advisory role. We look forward to briefing investors with future updates on the company’s milestones and achievements.”
"Valuesetters Inc to Jointly Develop and Operate Android Communications Platform"
[ACCESSWIRE]
WHITE PLAINS, NY / ACCESSWIRE / March 31, 2014 / Valuesetters Inc. (OTCQB:VSTR) announced that it has signed an agreement with Pervasip Corp. (OTCPK.PVSP) to develop and operate its V-Star calling app on the Google Play store. The integrated products will allow V-Star to launch a full-featured mobile communications service. Valuesetter's Chief Executive Officer, Manny Teixeira, noted, "We are very excited about our agreement to add these services to our platform and start selling our new products on the Google Play store. We are developing V-Star as our brand, and we look forward to marketing our product to over 1 billion Android users." The V-Star app will provide free voice and video calls and free text messaging to other app users, in addition to a variety of paid calling plans for users that want to connect to the public switched telephone network.
Teixeira continued, "The application is very sophisticated and contains several features that we believe will be appealing to our game users and the music and movie subscribers that we plan to attract. The V-Star app fits perfectly into our business model of selling high-quality and desirable digital products without taking on fixed overhead. It is an important piece in our digital plan."
Pervasip is now offering a white-labeled version of its popular calling app to companies that want to market mobile communications under their own brand name. An app user can subscribe entirely on the phone and choose a phone number from a list of 57 countries without leaving the interface.
In addition to the free calling plans, the mobile VoIP plans start at $1.00 for consumers who want the enhanced calling features and the ability to connect to any phone number in the world.
"Valuesetters Adds Secure Voice Communications for the Chinese, Indian, Romanian and Russian Markets to its Music,Movie and Game Distribution Platform"
WHITE PLAINS, N.Y. / February 5, 2014 / Valuesetters Inc. (VSTR) has signed an agreement that allows it to sell a mobile VoIP app, with telephone numbers from China, Romania, the Russian Federation and the United States, to Android device users in China, India, Romania and Russia.
Chief Executive Officer, Manuel Teixeira, noted, "We are integrating a network, which provides users with low-cost international mobile telephone calling services, into our distribution channels. We can now provide an easy to download app, which comes with premium calling features, such as a unique telephone number, voice mail, call recording and the ability to call any phone number on the public switched telephone network.”
Valuesetters can now sell to subscribers anywhere in the world, an app for a virtual Chinese, Russian, Romanian or United States local telephone number for their mobile phone. An additional benefit of the app is that a subscriber’s friends and family, who do not have the app, can call app subscribers in international destinations and incur only the cost of making a local call.
“We believe this mobile VoIP product is a good complement to our online games, music and movie business,” continued Teixeira. “We plan to assemble a variety of Internet-based digital products that are enjoyable for consumers to use.”
From Latest 10-Q
As of January 31, 2014 and April 30, 2013, the Company owed its principal lender (“Lender”) $90,897 and $69,254, respectively, under a revolving loan and security agreement (“Loan”) dated April 28, 2011. The maximum amount of the Loan is $250,000, and the Loan is payable on demand by its Lender. The Lender is also the majority shareholder of the Company, owning 295,219,103 shares of common stock, or 59% of the 500,000,000 shares issued and outstanding.
In connection with the financing, the Company has agreed to certain restrictive covenants, including, among others, that the Company may not convey, sell lease, transfer or otherwise dispose of any part of its business or property, except as permitted in the agreement, dissolve, liquidate or merge with any other party unless, in the case of a merger, the Company is the surviving entity, incur any indebtedness except as defined in the agreement, create or allow an lien on any of its assets or collateral that has been pledge to the Lender, make any loans to any person, except for prepaid items or deposits incurred in the ordinary course of business, or make any material capital expenditures
To secure the payment of all obligations to the lender, the Company granted to the lender a continuing security interest and first lien on all of the assets of the Company.
As of January 31, 2014 and April 30, 2013, the Company owed a board member $314,000 in a demand note payable dated April 30, 2011. The note represents monies lent to the Company by the board member under a home equity line of credit and the Company accrues interest payable to the board member for the actual interest charged under the home equity line of credit. The same board member has personally guaranteed a bank line of credit under which the Company has borrowed $50,000, and including unpaid interest, owes $49,150 and $50,229 as of January 31, 2014 and April 30, 2013, respectively. The Company pays the monthly interest expense on the bank line of credit.
Company Statement re: Merger with 30FOLD
As of October 11, 2007, the merger between 30Fold LLC and Value Setters Inc. has been completed. We believe that this merger has a very synergistic effect. The company we are merging with is a customer of ours in that we supply a large portion of their product. They are member based and thus bring to us a membership base that exceeds 7000 members. We know that many members are retailers both online and brick and mortar stores. We assure you that this base of retailers will be of benefit to all our vendors and thus encourage all of you to pass on this opportunity to any supply base that you may know.
