BOSTON, MA – September 10, 2018 – ValueSetters, Inc. (OTC:VSTR) announced positive operating cash flow of $17,153 for the first quarter of fiscal 2019. “Although we have not yet achieved profitability on an operating basis, we were pleased to report positive operating cash flow this quarter, as a direct result of the growth in our consulting business,” said Cecilia Lenk, CEO. “In addition, we were able to reduce our operating loss to less than $5,000 and begin the process of deleveraging our balance sheet.
BOSTON, MA – July 30, 2018 – ValueSetters, Inc. (OTC:VSTR) announced earnings of
$131,129 for fiscal 2018. “We are pleased with the progress we have made in such a short time,”
said Cecilia Lenk, CEO. “In the past year, we have been able to grow revenues by over 400%,
report positive net income, cut our operating loss by more than 60%, restructure our debt, and
significantly improve our working capital position. We made several acquisitions, including
SpaceoutVR, in order to enhance our digital games franchise and purchased a 20% stake in
BOSTON, MA – May 21, 2018 – ValueSetters, Inc. (OTC:VSTR) announced today the acquisition of SpaceoutVR, Inc., a Virtual Reality software company, which offers the ability to deliver AI, games, travel, messaging, social media, music streaming, and 360 video/photo through its mobile app. The company intends to integrate VR with its existing internet game franchise, including chess.net, as well as develop technology consulting revenue from Virtual Reality game development contracts.