Valuesetters Inc. (OTC PINK: VSTR) announced that it has acquired an additional 1,000 membership units of NetCapital Systems LLC, or approximately 6%, in conjunction with a 4-year consulting agreement.
Valuesetters Chief Executive Officer, Manny Teixeira, said, “We are pleased to increase our ownership in NetCapital Systems, a company to which we have previously provided consulting services. We are excited about our relationship and the deal flow they believe they can provide us from the companies that list on the NetCapital private markets.”
Last week, Valuesetters acquired a new customer that has raised $499,000, the maximum amount it was seeking, and ten times its goal, on NetCapital.com. Early-stage companies seeking to raise capital by issuing securities to investors under Section 4(a)(6) of the Securities Act of 1933, as amended, can choose to list their offering on NetCapital.com.
“The entire concept of raising capital on the Internet, and the emergence of the Title III funding portals, is creating a very exciting vehicle for entrepreneurs to get access to the capital markets,” continued Teixeira. “We are pleased that we can indirectly participate in that space, providing advice and technology, and we continue to look at new corporations that we can incubate within our public company.”
About Valuesetters:
Valuesetters provides consulting services to early-stage companies in exchange for an equity stake in those companies. It is our strategy to purchase part or all of early-stage companies and cross pollinate the ideas, technology, and expertise within these companies to enhance the operations, profits, and market share of all the entities at an affordable price. Our focus has been on the digital delivery of games, apps, movies, and video calling. For more information, visit our web site at http://valuesetters.com.
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