Vendtek Systems Inc (VNDKF) $VNDKF VendTek Announces

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Sep 12, 2015 at 10:23 AM

Vendtek Systems Inc (VNDKF) $VNDKF

VendTek Announces Share Consolidation
Filing Services Canada XHTML - Wed Apr 22, 7:08PM CDT

VSI.VN: 0.040 (-0.005)

BUYINS.NET: CENTA, DBS, KXI, VSI, VGLT, BCOM Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Apr 07, 7:03AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Central Garden & Pet Co (NASDAQ:CENTA), PowerShares DB Silver Fund (NYSE

BS), iShares S&P Global Consumer Staples Index Fund (NYSE:KXI), VendTek Systems Inc (NYSE:VSI), Vanguard Long Term Government Bond ETF (NASDAQ:VGLT), B Communications Ltd (NASDAQ:BCOM) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
KXI: 87.52 (+0.19), VSI: 34.52 (-0.33), DBS: 22.98 (-0.31), BCOM: 20.47 (+0.84), CENTA: 14.51 (-0.20), VGLT: 75.13 (+0.41)

VendTek Systems Announces Fiscal 2015 Q1 Financial Results
Filing Services Canada - Mon Mar 30, 8:26PM CDT
VendTek Systems Announces Fiscal 2015 Q1 Financial Results Vancouver, British Columbia (FSCwire) - VendTek Systems Inc. (VSI - TSX Venture) (the "Company"

, a developer and licensor of software for the global prepaid telecom and financial services markets,today reported its financial results for its first quarter of fiscal 2015 ended January 31, 2015 (Q1 2015). Selected Financial Information Revenue for the quarter ended January 31, 2015 decreased $183,513 to $264,802, or 40.9% from $448,315 in the prior fiscal quarter of Q1 2014; Operating expenses were $614,237 compared to $830,014 in the prior fiscal quarter. Adjusted EBITDA[1] (#_ftn1) loss was $315,798 for Q1 2015 compared to a loss of $339,873 for the prior year; Net loss from continuing operations was $429,649 compared to $536,582 in the prior fiscal quarter; Cash used in operations was $260,846 for Q1 2015, compared to $927,130 cash used in operations in the prior fiscal year; Cash and cash equivalents was $196,505 at January 31, 2015 compared to $291,366 at October 31, 2014. These consolidated financial statements have been prepared on the going concern basis, which assumes that the Company will be able to realize its assets and discharge its liabilities in the normal course of business. For the quarter ended January 31, 2015 the Company has incurred a net loss from continuing operations of $429,649 and negative cash flows of $260,846 from operating activities. The Company also has a working capital deficiency of $3,247,990 and a shareholders deficiency of $3,789,433 as at Januay 31, 2015. These conditions raise significant doubt about the ability of the Company to continue as a going concern without additional financing or renegotiate the terms of existing financing. In addition to the funds raised subsequent to quarter end, Management is pursuing several sources of additional financing (both debt and equity) and is of the opinion that sufficient working capital will be obtained from: external financing, renegotiation of existing financing; and improved operations to meet the Companys liabilities and commitments as they become due, although there is significant risk that this may not happen on a timely basis or on terms acceptable to the Company. These consolidated financial statements do not give effect to any adjustments which would be necessary should the Company be unable to continue as a going concern and therefore be required to realize its assets and discharge its liabilities in other than the normal course of business and at amounts different from those reflected in the accompanying consolidated financial statements. Subsequent to quarter end, on February 5, 2015, the Company issued $350,000 of secured convertible debentures (Convertible Debentures) on a private placement basis that will mature on February 4, 2018. These bear interest at a rate of 1.0% per annum and have a conversion price of $0.05 per common share in the first year of the term and $0.10 in the remainder of the term. In addition, the Company issued 7,000,000 additional warrants exercisable at $0.05 per common share with the issuance of these Convertible Debentures. VendTeks MD&A and complete financial statements and notes are available at www.sedar.com (http://www.sedar.com) and the Companys website www.vendteksystems.com (http://www.vendteksystems.com). For more information or to receive the complete statements please contact Samantha White at 604-805-4653 or 1-800-806-4958 or investment@vendteksystems.com (mailto:investment@vendteksystems.com). VendTek Systems Inc. Unaudited Condensed Consolidated Statement of Financial Position (All amounts expressed in Canadian dollars) October 31, 2012 and 2011 To view this table, please either click on the link below, or copy and paste the link into your browser: Approved on behalf of the Board: Director Director VendTek Systems Inc. Unaudited Condensed Consolidated Interim Statements of Operations and Comprehensive Loss (All amounts expressed in Canadian dollars) To view this table, please either click on the link below, or copy and paste the link into your browser: VendTek Systems Inc. Unaudited Condensed Consolidated Statements of Changes in Equity (All amounts expressed in Canadian dollars) Three months ended January 31, 2014 and 2013 To view this table, please either click on the link below, or copy and paste the link into your browser: VendTek Systems Inc. Unaudited Condensed Consolidated Statements of Cash Flows (All amounts expressed in Canadian dollars) Three months ended January 31, 2015 and 2014 To view this table, please either click on the link below, or copy and paste the link into your browser: [1] (#_ftnref1) Management defines Adjusted EBITDA as net income adjusted for financing, taxes, depreciation, amortization expenses, impairment of non-financial assets, foreign exchange differences and stock based compensation expense. Please see the Management Discussion and Analysis for more details. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...302015.pdf Source: VendTek Systems Inc (TSX Venture:VSI) www.vendteksystems.com Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
VSI.VN: 0.040 (-0.005)

F3 Acquires Debenture of VendTek Systems
Filing Services Canada XHTML - Thu Feb 05, 3:40PM CST

VSI.VN: 0.040 (-0.005)

Vendtek Announces the Appointment of Senior Financial Executive to Its Board of Directors
Filing Services Canada XHTML - Mon Jan 26, 3:01PM CST

VSI.VN: 0.040 (-0.005)

VendTek Announces Closing of $150,025.88 Private Placement
Filing Services Canada XHTML - Thu Jan 15, 3:15PM CST

VSI.VN: 0.040 (-0.005)

Vendtek Systems Announces Binding Letter Agreement for Purchase of Securities
Filing Services Canada XHTML - Wed Dec 10, 3:03PM CST

VSI.VN: 0.040 (-0.005)

Vendtek Systems Announces Fiscal Q3 2014 Financial Results
Filing Services Canada XHTML - Mon Sep 29, 4:25PM CDT

VSI.VN: 0.040 (-0.005)

Vendtek Systems Announces Corporate Update at the Request of IIROC
Filing Services Canada XHTML - Wed Sep 10, 1:49PM CDT

VSI.VN: 0.040 (-0.005)

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