ValueSetters Inc., (VSTR.PK) the online buying group for independent retailers, today announced it is finalizing its merger plans with 30fold LLC, a privately held, Faith-Based Network Marketing Business headquartered in Arizona. The merged company, once completed, will continue as a publicly traded entity.
30fold currently hosts thousands of Online Christian Book and Music Stores and is in the process of expanding its product base to include health products, music instruments and giftware, whose supply is facilitated through ValueSetters. Sean Lee CEO of ValueSetters said, "The merger is a match made in Heaven as it allows the online bookstores to add a wide range of very profitable products to their line while giving ValueSetters a critical mass of resellers in the Christian community."
John Godzich, Founder and CEO of 30fold said, "We now have both the supply of profitable product and the audience for the product under one roof."
The company expects the merger to be completed in the next 30 days.
Forward-Looking Statements
The information contained herein includes certain forward-looking statements of our management. Forward-looking statements are statements that estimate the happening of future events and are not based on historical fact. Forward-looking statements may be identified by the use of forward-looking terminology, such as "may," "could," "expect," "estimate," "anticipate," "plan," "predict," "probable," "possible," "should," "continue," or similar terms, variations of those terms or the negative of those terms. The forward-looking statements specified in the following information have been compiled by our management on the basis of assumptions made by management and considered by management to be reasonable. Our future operating results, however, are impossible to predict and no representation, guaranty, or warranty is to be inferred from those forward-looking statements.
ValueSetters Inc., Phoenix Sean Lee, 602-547-1611 slee*valuesetters.com
Source: Business Wire (August 30, 2007 - 6:11 AM EST)
[ August 30, 2007, 08:29: Message edited by: Bob Frey ]
-------------------- Men lie......Women lie........numbers don't.........
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posted
YESS!!!!! The merger is finalized. NEWSSS!!!!
Oct 11, 2007 7:11:01 AM
PHOENIX, Oct 11, 2007 (BUSINESS WIRE) --
ValueSetters Inc. (Pink Sheets: VSTR) is pleased to announce that the merger between 30fold LLC and ValueSetters Inc. has been completed. All final merger documents have been filed and approved by all relevant regulatory bodies.
John Godzich from 30fold will be joining the Board and assuming the role of President and CEO while Sean Lee will remain on the Board as Chairman. Steve Geary will remain as Executive Vice President and COO of the merged company. Mr. Lee, Mr. Godzich, and Mr. Geary comprise the Board of Directors of the new ValueSetters.
The merged entity will continue to build and develop the ValueSetters and 30fold businesses. Mr. Godzich commented, "It is our belief that our member base will benefit considerably from the synergies and opportunities resulting from this merger."
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements.
SOURCE: ValueSetters Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations*valuesetters.com
ValueSetters Initiates Advertising Campaign 7:11 AM ET - BusinessWire
ValueSetters (Pink Sheets: VSTR) is pleased to confirm the merger with 30Fold and emphasize the synergy created by bringing the two companies together. The integration of all assets of both entities not only increases business opportunities for the merged whole but also provides immediate distribution channels for products already under development.
The merger will enable a more enhanced roll-out of the product line at a speed that will result in proof of concept occurring more quickly and revenues being realized ahead of previous schedules. There will be numerous other benefits resulting from the merger including structural, financial and operational efficiencies.
In order to launch its new business model, ValueSetters is presently piloting a targeted media advertising campaign that has already shown positive results, and will allow management to assess the effectiveness of the distribution channels and the business model being deployed.
CEO John Godzich stated: "Now that the merger is 100% complete, we will begin rolling out lines of exciting new consumable products, enabling our network to develop and solidify our growing retail customer base."
About ValueSetters
ValueSetters, Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetter's future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
Members Welcome News of ValueSetters Merger 31 minutes ago - BusinessWire
ValueSetters Inc. (Pink Sheets: VSTR) is pleased to announce that its active membership (members in good standing with regard to dues) has increased sixfold over the past year when the program was launched.
The surge may be attributed to the news of the merger, but as CEO John Godzich added: "(it)...may also be due in part to the implementation of the new Team Member Management system that allows more advanced tracking and support of Team Member activities. Moreover, the positive reaction to the merger by the field leadership gives us an optimistic outlook on the future impact of our marketing campaigns."
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations*valuesetters.com
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ValueSetters Receives Commitment for Funding 9:07 AM ET - BusinessWire
ValueSetters Inc. (Pink Sheets: VSTR) is pleased to announce that it has agreed to terms with a private equity firm and is scheduled to receive up to eight hundred and fifty thousand (US$850,000) dollars.
Funds will be utilized to better position the Company for the recently completed merger where funds will be initially used for marketing and product development.
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations*valuesetters.com
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WallSt.net Announces Upcoming Interview with CEO of ValueSetters 9:04 AM ET - BusinessWire
John Godzich, President and Chief Executive Officer of ValueSetters, Inc. (Pink Sheets: VSTR - News) (www.ValueSetters.com), will be featured in an exclusive interview with www.wallst.net scheduled for October 29 at 2 p.m. EDT. The interview will be posted on www.wallst.net by 8 p.m. EDT on October 30. The interview will cover topics including ValueSetters' market potential, growth initiatives, competitive edge, recent news, and milestones for which investors should watch.
To hear the interview in its entirety, visit http://www.wallst.net and click on "Interviews." The interview can be accessed by locating the company's ticker symbol under the appropriate exchange at the top of the "Interviews" section or by entering the company's ticker symbol in the Search Archive window.
About ValueSetters:
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
About WallSt.net:
www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The Website is a leading provider of timely business news, executive interviews, multimedia content, and research tools. Financial Media Group, Inc. also owns http://www.mywallst.net, a financial social network for investors, Financial Filings Corp., a provider of compliance solutions to publicly traded companies, and WallStRadio, a business and finance podcast Website.
SOURCE: ValueSetters, Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations*valuesetters.com
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WallSt.net Announces Interview With ValueSetters Executives 9:04 AM ET - BusinessWire
John Godzich, President and Chief Executive Officer, and Steve Geary, Chief Operating Officer, of ValueSetters, Inc. (Pink Sheets: VSTR) (www.ValueSetters.com) are featured in an exclusive interview with www.wallst.net. The interview covers topics including ValueSetters' market potential, growth initiatives, competitive edge, recent news, and milestones for which investors should watch.
To hear the interview in its entirety, use the following link: http://www.wallst.net/audio/audio.asp?ticker=VSTR&id=4097 or visit http://www.wallst.net and click on "Interviews." The interview can be accessed by locating the company's ticker symbol under the appropriate exchange at the top of the "Interviews" section, or by entering the company's ticker symbol in the Search Archive window.
About ValueSetters:
ValueSetters, Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
About WallSt.net:
www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The Website is a leading provider of timely business news, executive interviews, multimedia content, and research tools. Financial Media Group, Inc. also owns http://www.mywallst.net, a financial social network for investors, Financial Filings Corp., a provider of compliance solutions to publicly traded companies, and WallStRadio, a business and finance podcast Website.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters, Inc.
ValueSetters, Inc. Investor Relations, 602-547-1611 investorrelations*valuesetters.com
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ValueSetters Inc. (Pink Sheets:VSTR) is pleased to announce that it has received the first installment of funding from the private equity firm discussed in the news release dated 10/23/2007. ValueSetters is scheduled to receive up to eight hundred and fifty thousand (US$850,000) dollars from its agreement with the private equity firm.
Funds will be utilized to better position the Company for the recently completed merger where funds will be initially used for marketing and product development.
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations*valuesetters.com
ValueSetters Inc. (Pink Sheets: VSTR) CEO John Godzich announced that the company has retained the services of CMA Design, whose signature work supports some of the world's most recognized brands.
COO Steve Geary added: "We were very impressed with the initial designs for our proprietary new product as it aligned perfectly with our marketing requirements and positioning, and we remain on target for the first quarter 2008 launch."
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
About CMA
CMA Design (www.cmadesign.com) is a privately owned branding and packaging design studio headquartered in Houston, Texas that has been in business over 20 years. They have many nationally recognized CPG clients including Coca Cola, Minute Maid, and Sara Lee.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations*valuesetters.com
ValueSetters Announces New Health and Wellness Product Line 46 minutes ago - BusinessWire
ValueSetters Inc. (OTC Pink Sheets: VSTR) CEO John Godzich announced that ValueSetters and 30fold are expanding their line of health related products.
Mr. Godzich stated, "Now that we have completed the integration of our technology infrastructure for administrative and team member support services, we are eager to move ahead with our planned expansion into the health and wellness area. In addition to the proprietary nutritional product that we will be launching during the first quarter of 2008, we have just finalized an agreement to become the exclusive distributor in North America for a fitness related product that has received FDA approval. This is an exciting step in our plans to become a meaningful presence in the bona fide health and wellness industry."
COO Steve Geary stated, "In addition, the company has engaged expert media and internet marketing resources to support the launch of our new health and wellness line of products."
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
ValueSetters Inc. (OTC Pink Sheets: VSTR) CEO John Godzich announced today that ValueSetters is entering into a relationship with a leading technology company. This agreement will enable ValueSetters to communicate and support its pending product launches through a full suite of the latest online video and networking capabilities.
Mr. Godzich stated, "The instant availability of informational and training uploads will allow us to considerably increase speed of market penetration."
The new communications system will start being implemented in early January 2008.
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations*valuesetters.com
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posted
Even more news. Maybe one of the zillion Prs they put out in the last 2 weeks will get this going up.
ValueSetters Doubles Number of Titles Offered 12 minutes ago - BusinessWire
ValueSetters Inc. (OTC Pink Sheets: VSTR) announced today that starting in January 2008 the company will offer a premium bookstore service which effectively doubles the number of books and products made available to its 30fold member base.
John Godzich, ValueSetters' CEO, stated, "By adding the largest distributor of Christian books and music for our online bookstores, our members will virtually carry all available titles of the major publishers. The addition of product will bring the availability to our members of over 150,000 titles, or more than 30 times the number of titles carried by the average brick and mortar store."
The premium bookstore service will have a modestly higher monthly service fee and will include many other features and benefits to members and consumers. As a result, the company expects the premium service offering to drive a considerable increase in bookstore revenues and overall membership.
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations*valuesetters.com
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ValueSetters Inc. (OTC Pink Sheets: VSTR) announced details regarding a new planned fitness product planned for launch in the first quarter 2008. The product enables weight loss via advanced technology developed in Europe. The product is worn during both exercise and normal physical activity and stimulates the body's natural ability to burn calories and increase health.
John Godzich, ValueSetters' CEO, stated, "The fitness product has already achieved significant sales on the European continent and has tremendous potential in the United States, given current health trends. The fact that the product is already FDA approved will make it that much easier for our members to sell."
The company's distribution agreement for this product in North America is exclusive.
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations*valuesetters.com
ValueSetters Inc. (OTC Pink Sheets: VSTR) deems it appropriate and necessary to announce today that officers of the company, along with immediate family members, given recent developments and the positive effects resulting thereof on the present operations of the company, have purchased a significant number of shares in the open market during the current month of December.
The company did not disclose the specific numbers of shares, except to say that the total purchased exceeded a million shares.
About ValueSetters
ValueSetters Inc. (www.valuesetters.com and www.30fold.com) is an online buying group for independent retailers as well as an online faith-based retailer and marketer. The company's mission is to provide products and support services that drive the success and profitability of its member business network.
Safe Harbor Statement
Statements in this news release about ValueSetters' future expectations, including: the advantages of our products and services, anticipated advantages resulting from the merger and all other statements in this release, other than historical facts, are forward-looking statements. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as new products and services developed by other companies, market share garnered by competitors, and ability to maintain vendor relationships, among other factors.
SOURCE: ValueSetters Inc.
ValueSetters Inc. Investor Relations, 602-547-1611 investorrelations*valuesetters.com
posted
Look at that huge gap though. .006-.01? That's a suckers bet. $100 for 10000 shares turned in $6 per 10000 shares? No thanks. It would almost have to go up 100% again to money your money back.
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posted
I get what you are saying I am just saying that this is positive movement compared to the last couple of weeks. I just feel this company has a good business plan and FDA approval on a diet product. If we get some decent buys the gap will tighten and we could hit the .05 range again like earlier in 2007.
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posted
I'm not going to tell you how you should spend your money but when you talk about pennies, if you have to use the words, "if this will do that then", get out. One thing I've learned is to not fall in love with pennies and don't hold them long. Get in and make you money and get out. While you're waiting to win the lottery with a stock, the company dilutes or does a R/S or something to turn you into a bag holder.
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VSTR: OS 225M---a couple milly took out the .0004's---trades thin----was in penny land at this time last year. Just waiting on news. Has functioning website and if you call they actually answer the phone. I think this lotto has huge potential.Time to wake her up.
posted
IMO I am expecting Pr barrage soon if history repeats itself.
Press Releases
12-27-2007 - ValueSetters Announces Officers' Purchase of Shares 12-18-2007 - ValueSetters Announces New Fitness Product Details 12-13-2007 - ValueSetters Doubles Number of Titles Offered 12-12-2007 - ValueSetters Announces Technology Agreement 12-06-2007 - ValueSetters Announces New Health and Wellness Product Line 12-05-2007 - ValueSetters Announces Agreement with CMA Design 12-03-2007 - ValueSetters Receives Initial Funds from Private Equity Firm 10-30-2007 - ********** Announces Interview With ValueSetters Executives 10-26-2007 - ********** Announces Upcoming Interview With CEO of ValueSetters 10-23-2007 - ValueSetters Receives Commitment for Funding 10-18-2007 - Members Welcome News of ValueSetters Merger 10-16-2007 - ValueSetters Initiates Advertising Campaign 10-11-2007 - ValueSetters Completes Planned Merger with 30Fold 08-30-2007 - ValueSetters Announces Planned Merger Partner 30fold LLC By CEO Sean F Lee 04-16-2007 - ValueSetters Considers Strategic Merger Offer By CEO Sean F Lee 01-10-2007 - ValueSetters Adds a Consumable Vendor and a Health Products Vendor By CEO Sean F Lee 11-29-2006 - ValueSetters Adds Two New Vendors and Begins Recruiting Resellers Via Internet By CEO Sean F Lee 11-01-2006 - ValueSetters Announces the Addition of Five New Brands in October By CEO Sean F Lee 10-18-2006 - ValueSetters Announces New Sourcing Agreement With Faith-Based Marketing... By CEO Sean F Lee 10-03-2006 - John Fanning, Napster Founding Chairman and CEO, Joins ValueSetters Advisory Board By CEO Sean F Lee 09-20-2006 - ValueSetters Inc. Announces its Revolutionary Internet-based Wholesale Business Model By CEO Sean F Lee
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