Let’s Give This Venture Incubator A Physical

  • Edge Editorial Team

    At Edge Investments, we make investing in small cap stocks enjoyable and edge-ucational. We are here to teach you about investing, keep you up to date on news, and help connect you with companies that you may have a desire to invest in.

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We’ve seen FansUnite take on the market with no remorse. We’ve heard of new, massively oversubscribed financings (we’re looking at you, GameOn). We’ve read about numerous acquisitions announced. It seems as if this wide-reaching umbrella of a company is always making moves.  

Today, we’re going to dive into a relatively new (and growing) section of this incubation machine to see whatgoing on. 

VSH – a.k.a Victory Square Health, is the section of Victory Square Technologies (CANADA: VST) (U.S.: VSQTF) (EUROPE: 6F6) that focuses on medical technology and emerging strategies such as diagnostic testing, with the ultimate goal of supporting patient care and improving health outcomes. 

With a plethora of disruptive sectors in their portfolio such as blockchain, virtual reality, and esports, VSH rounds out VST’s offerings to include all the major technological revolutions that are gaining in public uptake. After all, if you’re going to collect and develop an impressive roster of innovative companies, why not include one that benefits the progress of human health? 

While we are not certified doctors, we’re going to give you a health update on Victory Square TechnologiesBecause it’s still 2021 and the virus is still active, the initial focus will be, of course, COVID-19. 

Putting It to the Test 

The Safetest-Covid19TM is a proprietary, leading product of VSH. A rapid, 5-15minute test which detects IgG and IgM antibodies, this testing method can confirm suspected cases after the fact, as well as show if you were infected unbeknownst to your knowledge. 

This test looks for antibodies borne out of a response to the virus that causes COVID-19, called SARS-CoV-2, by taking a small amount of blood from your finger through a prick. You’ll be happy to know that this procedure tends to be a lot more tolerable than inserting a swab deep into your nose. 

A few key takeaways about these tests: 

  • They have been developed directly by the team at VSH, with over 20 years of experience in diagnostics. 
  • Because this is an antibody test, it can not only indicate if you have the virus in the moment but can tell if you’ve had it in the past as well. 
  • Preliminary results from a clinical validation using 400 samples have shown a promising 100% sensitivity rate and 99.5 specificity. 

So, what do those rates mean? 

A sensitivity rate shows if you are positive for the virus; a 100% rate of sensitivity means that 100% of its positives are true positives.  

specificity rate shows if you haven’t had the virus; a 100% specificity rate means that 100% of negative results are true negatives, rather than false negatives. 

In addition to the blinding accuracy, these tests turn around in a fraction of the time of some other methods used to test for COVID. Reliable, precise, and universal, Safetest-Covid19TM remains the most efficient way to achieve peace of mind regarding your Covid-19 exposure. 

How Involved Is VST with VSH? 

About 8 figures involved.

Victory Square Technologies (CANADA: VST) (U.S.: VSQTF) (EUROPE: 6F6) owns a 20% stake in Victory Square Health. In February of 2020, VSH had a valuation of $5 million. As the world stopped and COVID-19 management hogged the forefront of the world’s agenda, VSH was put to work, to say the least. Fast forward to the dawn of September, revenue projections arose, based on sales and pre-orders to commence in Q4-2020 and Q1-2021. Although the details of VST’s privately held subsidiaries remain undisclosed, the valuation of VSH surged to $65 million, a huge win for both VST and VSH.

Now boasting a $13 million stake, 1,300% of their position’s value just 7 months earlier, Victory Square Technologies had properly developed its next upandcoming subsidiary to scale. Focused on incubating and enabling budding new disruptive businesses by deploying the initial capital injection, VST is now positioned to make a great return for its shareholders. 

As VSH continues to dominate the market in Brazil, Health Canada applications are currently pendingHowever, VSH has already signed distribution agreements with companies who have Health Canada approval, gaining them an edge on the Canadian market even before achieving their own approval. Productivity doesn’t stop at minor obstacles.

The Incubator Machine Is Always Running 

As VSH went on a tearVST wasn’t going to be left behind. 

Recently, GameOn Entertainment Technologies, a subsidiary of VST, has announced an upsized private placement due to increasingly strong investor demand. What started as $1.5M quickly grew to $3M, then closed at $5.8M, all within a matter of weeks. 

Whether it’s supporting TV networks, OTT platforms, sportsbooks or leagues, GameOn helps partners turn their content — everything from sports to reality TV — into interactive and social experiences via mobile and TV apps,” VST stated in a recent press release.  

Having established a foothold in the world of sports, entertainment, gaming and wagering spaces, GameOn on has strategically grown its board and Advisory Council with well-respected colleagues in these spaces. 

Back on the health front, it doesn’t end with Covid tests. On February 5th, VST completed the acquisition of Hydreightwhich provides a proprietary, custombuilt telemedicine service. Hydreight’s service allows users to confidentially access health and wellness services anywhere they are, allowing for discreet assistance among other convenient advantages. The key for Hydreight is decentralizing health care and offering it to the masses in a cost-effective, scalable manner.

A few key aspects of VST’s newest leg of healthcare include: 

  • Their business model is “turnkey’ for the use of health professionals, keeping their workflow at the front of mind. 
  • Their technology is proprietary, HIPPA (Health Insurance Portability and Accountability Act) compliant and considered the gold standard for U.S. state-certified mobile medicine protocols. 
  • They’re a USA certified e-script and telemedicine provider, meaning they are allowed to conduct a plethora of health and medical services, as well as full pharmaceutical offerings in all 50 states. 
  • The ability for the user to access healthcare services through Hydreight rivals the simplicity and accessibility of ridesharing and food delivery services.

VST is becoming a well-oiled machine, and we will always be keeping an eye on how they are incubating and flourishing their subsidiaries. So far, it seems as if every company under their umbrella is being treated with such attention and execution as if they were the only subsidiary, which speaks volumes. 

For now, we’ll sign off on a clean bill of health here...

Disclaimer: Victory Square Technologies is a communications client of Edge Investments, and we own shares in the company. 

  • Edge Editorial Team

    At Edge Investments, we make investing in small cap stocks enjoyable and edge-ucational. We are here to teach you about investing, keep you up to date on news, and help connect you with companies that you may have a desire to invest in.

    View all posts

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