$VSTR ValueSetters Announces Positive Operating Ca
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Posted On: 02/25/2019 1:48:09 PM
$VSTR ValueSetters Announces Positive Operating Cash Flow for First Half of Fiscal 2019 Highlights:●Positive operating cash flow of $8,890●517% increase in revenues●Operating loss reduction of 84%●83% reduction in interest expense●Total debt reduction of $11,316BOSTON,MA–December17,2018–ValueSetters,Inc.(OTC:VSTR)announcedpositiveoperatingcashflowof$8,890forthefirsthalfoffiscal2019.“Wewerepleasedtoreportpositiveoperatingcashflowagainthisquarter,asadirectresultofthegrowthinourconsultingbusiness,”saidCeciliaLenk,CEO.“Inaddition,wewereabletosignificantlyreduceoperatinglossesandcontinuedtomakeprogressondeleveragingourbalancesheet.Revenuegrowthwassignificant,upmorethan500%inthefirsthalf,andweareseeingapickupinthenumberofbusinessreferralsfromexistingclients.Ourdemonstratedsuccessinfundraisingforclientsthroughdigitalmarketinghasattractedsignificantinterestandisdrivinganincreaseinourpipeline. As a result, we remain optimistic about our future growth prospects.”Foradditionaldisclosureregardingoperatingresults,pleaserefertotheQuarterlyReportonForm10-QfortheperiodendedOctober31,2018,whichhasbeenfiledwiththeSecuritiesandExchange Commission.About ValueSetters: Ledbyateamofprofessionalinvestors,digitalmarketingexperts,andtechnologyspecialists,ValueSettersisapublicly-tradedboutiqueadvisoryfirmwithuniqueexpertiseinhelpingearlystagecompaniesraisecapitalovertheinternet.Thecompanyalsoprovidestechnologyconsultingservicesaswellasstrategicadvicetohelpcompaniesgrowandevolvetomeetthechallengesoftoday's marketplace.For more information, visit our website at http://valuesetters.com.
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