1hot toddy
3 años hace
GREAT NEWS OUT $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
VSBLTY, INC
Mon, November 29, 2021, 4:33 AM
In this article:
BREDX
0.00%
VSBGF
-7.76%
Company Reported Quarterly Bookings of $4.5 Million USD (NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES)
Philadelphia, PA, Nov. 29, 2021 (GLOBE NEWSWIRE) -- VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS) (“VSBLTY”), a leading software provider of security and retail analytics technology, today issued its CEO Update to highlight Q3 financial performance as well as recent corporate milestones.
VSBLTY CEO & Co-founder Jay Hutton said, “VSBLTY is pleased to report that the third quarter bookings were a strong $4.5 million USD, resulting in a booked to revenue ratio of over 8 to 1 and providing a leading indicator of the Company’s revenue growth potential. Q3 revenue reached $522,683 USD, reflecting continued strong sales of both retail and security solutions.” Hutton added, “Further encouraging is that Q4 revenue is already considerably ahead of Q3 results and we are anticipating a strong finish to this calendar year."
Since the end of Q3 the Company has seen a significant increase in the exercise of its previously issued Warrants, resulting in cash inflows of over $2.8 million USD. In addition, the Company’s remaining convertible debt now stands at under $500,000 USD.
We are especially excited at the vast growth and profit potential of our “Store as a Medium” program which enables us to partner with major firms, gives brands the opportunity to inform, influence and motivate consumers at point of purchase and provides a new and developing advertising revenue stream for large and small retailers. “The Store as a Medium concept is helping to re-invent brick-and-mortar retail as its power is increasingly recognized by both brands and retailers,” Hutton said.
VSBLTY Teams with Phoenix Vision to Build Major Media Network in U.S. Convenience Stores
Earlier this month VSBLTY and Phoenix Vision signed a letter of intent to collaborate on building a major media network starting with more than 600 convenience stores throughout the U.S. VSBLTY’s other global ecosystem partners will provide turnkey services including hardware acquisition through deployment of the network, analytics reporting and field maintenance. VSBLTY will work with other partners to elevate the network to scale nationally with international brand consumer product advertisers and other clients as the group adds important new endpoints in major DMA markets throughout the U.S.
VSBLTY, Four Other Firms Create New Company to Focus on Large IaaS Projects
VSBLTY is one of five founding partners of Austin GIS, a new company that will focus on large IaaS projects leveraging computer vision, machine learning and infrastructure. HCL Technologies and Tech Mahindra are also founding members. VSBLTY is the exclusive retail analytics and computer vision provider to the new entity, which is designed to take advantage of the growth opportunities in the industries of Internet of Things (IoT) and 5G RAN. The company will focus on Device as a Service, Retail Analytics as a Service, and Smart City Analytics as a Service. VSBLTY is investing $1 million USD in Series A Preferred Stock to purchase a 10 percent seed position in the new company, a move VSBLTY termed a “strategic ground floor joint venture.”
VSBLTY Signs 5-Year Contract with EOS Linx to Provide Analytics Software
VSBLTY’s DataCaptor™ analytics solution is being installed in solar-supported EOS Charge Stations in convenience and retail stores, shopping centers and hotels. With a 75-inch digital display, EOS Charge provides a digital out-of-home advertising solution that is designed to maximize brand exposure and consumer engagement. The VSBLTY technology leverages camera and sensory technology with artificial intelligence (machine learning and computer vision) to provide real time analytics and audience measurement. The initial EOS Charge Stations are being installed in Atlanta and Chattanooga, with additional deployments planned throughout the Sunbelt. Hutton said the total contract value for VSBLTY over the first 504 units deployed will be $1.16 million USD.
Mexico City Citizens Feel Safer Thanks to VSBLTY & RADARApp Security Technology
The world’s first WiFi6-based surveillance network using intelligent cameras deployed in Benito Juarez has helped the community’s citizens feel they live in the safest borough in Mexico City, and the second safest in all of Mexico. That was reported in a recently released survey by the National Institute of Statistics and Geography (INEGI). Using advanced VSBLTY and RADARApp technology, intelligent cameras are installed in public places in Benito Juarez and provide detail automated analytics to local law enforcement and safety alerts to residents on their mobile phones. For the first time, Mexico City has a better perception of security than any other city in the country.
New Generation of Vending Machines Previewed at Host Milano 2021
VSBLTY’s proprietary software for demographic triggering is an integral part of the new and innovative vending machines that Bianchi Vending introduced in October at Host Milano 2021, the international hospitality exhibition in Fiera Milano (Rho), Italy. Bianchi previewed a new generation of vending machines that combine a flexible physical structure with digital tools to improve the customer experience. VSBLTY’s AI-driven technology is used to provide valuable demographic information about vending machine customers that will help vending machine operators improve their bottom line.
Amin Shahidi Named a VSBLTY Director
Bringing more than 25 years of high-impact leadership, digital transformation consulting and consumer/retail expertise, Amin Shahidi has been elected to the VSBLTY Board of Directors, it was announced in September. He is a former senior strategic executive with Sensormatic, where as Vice President Global Strategy Transformation, Alliances and M&A, he was responsible for developing the overall business strategy, including commercial, operating and financial models.
"We are very pleased with our Q3 results and are excited to be witnessing the momentum in our business accelerate in this current quarter," stated Hutton. "VSBLTY is proud and honored to be partnered with a series of world class companies and we look forward to expanding into several new markets on both the retail and security sides of our business in the coming months."
WeTheMarket
3 años hace
VSBLTY Groupe Technologies Eyes Global Display Domination w/ U.S., Lat Am Partnerships
Nov 16, 2021
https://www.youtube.com/watch?v=_oQSxo8QNvA
VSBLTY is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses Artificial Intelligence and machine learning.
Its proprietary technology effectively integrates with other digital retail solutions, including QR codes and mobile applications. The firm is also recognized for its leadership role in the growing Store as Media movement that enables brands to reach customers when and where buying decisions are being made while producing a new revenue stream for retailers.
Earlier this month, the firm signed a letter of intent with Phoenix Vision, to collaborate on building a major media network starting with more than 600 convenience stores throughout the U.S.
“The Store as Media concept is helping to re-invent brick-and-mortar retail as its power is increasingly recognized by both brands and retailers,” said VSBLTY Co-founder & CEO Jay Hutton. “Our advanced analytics and computer vision technology will improve the existing network, accelerate adoption and set a new industry standard that will enable this network to reach a goal of more than 5000 stores by the end of 2022.”
The deal follows a whole host of major partnerships previously penned by VSBLTY, including:
* A five-year contract with EOS Linx to install its DataCaptor™ analytics solution in EOS Charge stations
* A license agreement with RADAR USA to develop a security product offering and associated services for sale in the United States and Canada
and of course
* A massive JV with Mexico’s Grupo Modelo (part of the AB InBev family of companies) and Retailigent Media to install and manage an international in-store media network in Modelorama stores and independent neighborhood bodegas, in Mexico and across Latin America
With so many irons in the fire, Agoracom Founder George Tsiolis sat down with VSBLTY Co-founder & CEO Jay Hutton for an in-depth walkthrough of the company's deck...
Northsun0
3 años hace
Bob Clewlow Re: VSBLTY
SaaM review...
!st, my apologies for monopolizing the board this morning, but I was reviewing an interview with Jay Hutton from Sept.9 (probably for the 5th time!!) and just wanted to pass on a few thoughts. And the reason I go back and review is that things are changing so quickly for the company and a lot of the "behind the scenes" information we can now piece together with some of Jay's past comments.
Bricks and mortar is the way of the future for product development and of the 4 major product categories ( drugs, grocery, C-store, and DIY), 88% of fulfillment is done in person and NOT online.
And for the brands, they want to have an intimate relationship with the customer, and digitization is a way to go past the retailer directly to the customer! In this interview, Jay comments "I had a Chief Digital Officer of a $52B company say to him that THE STORE IS TODAY WHERE GOOGLE WAS IN 1994!" That in itself is really a revelation, but we now know that that the person who made that statement was Jose Avalos, the Founder & CEO of Austin GIS Inc.
VSBLTY is partners with some of the top players in the game, and the focus on bricks and mortar as a medium is in a vortex that is changing, FOREVER.
WeTheMarket
3 años hace
VSBLTY & RADARAPP WIFI-6-BASED SURVEILLANCE NETWORK HELPS MEXICO CITY COMMUNITY CITIZENS FEEL SAFER
(BENITO JUAREZ NUMBER 1 IN MEXICO CITY & 2ND IN ALL OF MEXICO)
October 27, 2021 07:10 ET
https://www.globenewswire.com/news-release/2021/10/27/2321587/0/en/VSBLTY-RADARAPP-WIFI-6-BASED-SURVEILLANCE-NETWORK-HELPS-MEXICO-CITY-COMMUNITY-CITIZENS-FEEL-SAFER.html
Philadelphia, PA, Oct. 27, 2021 (GLOBE NEWSWIRE) -- VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE:VSBY) (Frankfurt 5VS) (“VSBLTY”), a leading software provider of security and retail analytics technology, today reported that the world’s first WiFi6-based surveillance network using intelligent cameras deployed in Benito Juarez starting in February 2020 has helped that community’s citizens feel they live in the safest borough in Mexico City and the second safest in all of Mexico, according to a survey recently released by the National Institute of Statistics and Geography (INEGI). Intelligent cameras, utilizing advanced VSBLTY and RADARApp technology are installed in public places in Benito Juarez and provide detailed automated analytics to local law enforcement and safety alerts to residents on their mobile phones.
The security program, called BlindarBJ (ShieldBJ), is a comprehensive strategy to combat crime from its roots and was announced in January 2020 by Santiago Taboada Cortina, Mayor of Benito Juarez. It is an effective strategy that combines the use of technology, community involvement and law enforcement connected directly to RADARApp. It enables people to use the RADAR ecosystem daily. Because it has proven to produce fast and effective results in Benito Juarez and Cuajimalpa, this strategy now will be used in all the surrounding counties.
The INEGI quarterly survey of all of Mexico released earlier this month reported the respondents’ perception of not being safe in their communities decreased this year from 66.6% in June 2020 to 64.5% in September. In a statement INEGI said, “This percentage represents a statistically significant change with respect to those registered in September 2020 and June 2021, which were 67.8% and 66.6%, respectively.”
Importantly, the perception of personal safety by the citizens of Benito Juarez, the INEGI survey reported, is the highest in Mexico City and second nationally. Between March 2020 and September 2021, there was a 27 percent increase in the feelings of security among the community’s citizens. In March 2020 only 51% of the residents of the Mexico City borough of Benito Juarez felt safe. Following the successful deployment of the VSBLTY/RADARApp WiFi6-based surveillance network, Benito Juarez citizens’ perception of security steadily rose: 60.7% in September and 64.7% in December 2020. This year confidence in safety continued upward: 65% in March, 67.8% in June and 78.2% in September, the highest in years. For the first time, Mexico City has a better perception of security than any other county in the country.
Benito Juarez Mayor Santiago Taboada Cortina said, “INEGI numbers are not the goal, they are the incentive to continue with the strategy of Blindar BJ. We are now, according to the INEGI publication, the #1 County in Mexico City, and #2 in the Country. This has been a result of a strategy of collaborative and community security between citizens, police and BJ County.” Previously, the Mayor said, “Migrating to a fully digital infrastructure in Benito Juarez has provided immense possibilities. Thanks to world-renowned companies like VSBLTY, the RADARApp network is providing even more valuable and usable data than we imagined, which is helping mitigate crime. We have evolved from a reactionary policy to crime to a new, more proactive and real time preventative security strategy. The population of Benito Juarez in Mexico City that I represent is now safer and more secure.”
Commenting on the INEGI survey, VSBLTY Co-founder & CEO Jay Hutton said, ‘We are extremely pleased to see validation of how our technology has helped citizens feel safer in their communities. A new standard has been set for collaborative security where citizens, law enforcement and technology work together to accomplish a higher level of security.”
CEO Rodrigo Calderon of RADARApp, a preeminent Smart City Solutions provider, said that the Benito Juarez WiFi6-based surveillance network using intelligent cameras is demonstrating how security can be improved throughout the world. “Smart cameras in communities that provide concurrent alerting functionality for personal mobile phones and law enforcement has proved to be highly effective in reducing crime and enabling citizens to increasingly feel more secure,” he added.
Financial Update
As a result of the Company’s rising stock price, VSBLTY has received over $2.0 million in warrant exercise proceeds since September 1, 2021 and has seen an acceleration of its Convertible Debt to equity. After reporting over $2.0 million in Convertible Debt as of June 30, 2021 on its balance sheet, VSBLTY now has under $500 thousand in convertible debt remaining on its books.
VSBLTY technology provides enhanced customer engagement and audience measurement using machine learning and computer vision. Its industry-leading VisionCaptor™ and DataCaptor™ software combine motion graphics and interactive brand messaging with cutting-edge computer vision measurement and insights. VSBLTY’s AI-driven software, Vector™, provides advanced facial recognition that is crucial to enhancing today’s security requirements when recognizing weapons or suspicious persons in a crowd.
Northsun0
3 años hace
VSBY Investor Partner in a Canadian Software Company
I have hundreds of thousands of shares of VSBY, and I thought I would share why I haven't sold a single share on this pullback, and I have added everyday during the last few days at around $1.40 CDN. The secret to trading long is to know what you own, so you don’t give it away when it pulls back. The average price of my current holdings is over a dollar, so I didn't get my shares from the shell or super cheap, I've recently bought them, like most of us here.
I am a partner in a Canadian software company so I am quite familiar with software as a service and its valuation in the market. Have a look at the EV/NTM chart, where the valuation has an average Market Cap of 50 times the next twelve months of revenue, and increases with the growth rate of the trailing twelve months. VSBY is growing at a rate which is off the scale.
I bought all the way up into the $1.60s because fair market value, as long as they continue installations at 100 to 150 stores per week is $4, minimum. So the trading support floor is, IMO, ABOVE the YTD high, not way down here in single dollar land. IMO, VSBY is severely undervalued because there are no analysts projecting targets and setting fair market valuations yet. The weekly chart sets the trend, which is trending strongly upward in a manner reflective of a price correction. It sold off recently because it was above the Bollinger Bands, not because it was overvalued. Now that the overbought status is back to normal the daily chart is ready to continue its upward trajectory, sparked by the next news event, which I expect to be monstrous, unlike the last one, which was just a "pleasant surprise out of left field".
Here are my calculations of fair market value for VSBY from someone in the SaaS industry:
If the SaaS model, which is applicable to VSBY, is used to calculate enterprise value (ie Market Cap) as per the chart above, then approximately 50x would be a fair multiple to use.
For each 1M in contracted revenues (bookings) added to VSBY's revenue line, this translates to 50M / 175M shares outstanding = $0.286 increase to the share price.
If the current run rate according to order bookings is $14M over the next 12 months, which is quite conservative, the valuation of VSBY at a 50x EV/NTM SaaS model, is $4.00, not the measly $1.40 where it closed today. See why I’m buying?
The shorts want us to believe that with 5000 stores done by the end of the year, VSBY gets $50 /month = $600 / year * 5000 stores * 50 SaaS multiple / 175M shares outstanding = only $0.86 per shares... this is close to where the shorts were short selling VSBY in a big way a few weeks ago.
The shorts didn’t factor into their story that according to contract, VSBY gets a 30% cut on the media revenue which, according to CEO Jay Hutton, is 20x the per cooler SaaS licensing revenue! Do the math, I almost don't want to post it, but it equates to $18.00 / share at a 50x multiple. Too good to be true... wait for it … and let the street decide the multiples to assign to each revenue stream within VSBY.
Next year, the ABInBev contract adds another 15000 stores to the equation. My calculator says $48 / share at a 50x SaaS multiple. Yes, get excited about what you own. If the street only gives it a 20x multiple, our shares should be worth over $19, so why sell your shares for $1.40, just because you don’t know what you own.
Crazy, yes, holy smokes, Vis-Baby! Revenue growth is revenue growth, and will be rewarded as the bookings are fulfilled, and the billings hit the books.
Key number to remember here, from this post is that for every million per year SaaS revenue added to the books, the stock should move up $0.286. Multiples for the IaaS and Media revenue need to be researched. SaaS revenue is $600/year per cooler. Do the math.
Northsun0
3 años hace
Posted on VSBLTY's Facebook Group Site by a shareholder.
I have been investing in VSBLTY for about 13 months, and frankly it's been a ride! But, I loved the technology, and as I spent time on researching the company, watching all the past and present WSR and Agoracom interview, I was extremely impressed.
I have to be honest, this is the only company I am investing in at this time, and yes, I know that may not be a wise move. However, I feel this company has not been recognized for what they have in AI technology, nor have they been recognized for their partner base, Intel, Ability, Sensormatic, Johnson Controls, Imbera to name just a few.
Recently they announced a partnership in a new company Austingis, a global infrastructure company with HCL, Radar USA, Tech Mahindra and VSBLY plus one unnamed partner, more than likely Intel.
Over the next 2 months thee are going to be NRs regarding a beverage deal in the US, some form of partnership with WPP, a deal with 911, a national chain deal announced, and a myriad of other deals which will be driving the share price substantially higher.
BTW, the ABI/Modelo and Mexico City security derive a $10 value on their own, and the Austingis deal will eclipse that revenue inside a year.
Have fun, I am.
Northsun0
3 años hace
VSBLTY ANALYTICS TECHNOLOGY ENHANCES NEW GENERATION OF VENDING MACHINES BIANCHI WILL PREVIEW AT HOST MILANO 2021
Philadelphia, PA, Oct. 19, 2021 (GLOBE NEWSWIRE) -- VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS) (“VSBLTY”), a leading software provider of security and retail analytics technology, announced that its proprietary software for demographic triggering is an integral part of the new and innovative vending machines that Bianchi Vending is introducing at Host Milano 2021, the international hospitality exhibition in Fiera Milano (Rho), Italy October 22-26. Bianchi Vending offers the hospitality sector a complete line of automatic vending machine solutions that incorporate the newest generation technology to improve the customer experience.