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Last C$0.01 CAD
Change Today 0.00 / 0.00%
Volume 0.0
VV On Other Exchanges
Symbol
Exchange
Venture
OTC US
As of 3:58 PM 07/24/15 All times are local (Market data is delayed by at least 15 minutes).

versatile systems inc (VV) Snapshot

Open
C$0.01
Previous Close
C$0.01
Day High
C$0.02
Day Low
C$0.01
52 Week High
07/29/14 - C$0.03
52 Week Low
09/25/14 - C$0.01
Market Cap
2.0M
Average Volume 10 Days
279.5K
EPS TTM
C$-0.02
Shares Outstanding
196.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for VERSATILE SYSTEMS INC (VV)

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versatile systems inc (VV) Details

Versatile Systems Inc., through its subsidiaries, engages in the software development; and sales of computer software, hardware, and system integration services related to wired and wireless mobile business solutions in Canada. The company develops solutions that solve customers’ problems in the storage, security, transmission, and collection of mission critical data. It offers Mobiquit Solution Suite that enables companies to improve the sales, marketing, and distribution of their products. The company’s Mobiquit solution suite products include Mobiquity Route, Mobiquity Kiosk, and Mobiquity Transaction Engine. It delivers wireless/wired solutions to the consumer packaged goods, retail, financial, pharmaceutical, healthcare, and logistics verticals through an integrated combination of licensed software, professional services, and the re-sale of mobile and storage related hardware. The company also offers virtualized infrastructure solutions; custom mobile application design and development, enterprise systems integration, mobile hardware support, and leasing and renting programs; and self-service solutions, as well as intelligent event processing, a data aggregation solution. In addition, it provides maintenance and support through call centre. Versatile Systems Inc. was founded in 1955 and is headquartered in Vancouver, Canada.

Founded in 1955

versatile systems inc (VV) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: $199.8K
Vice President of Mobile Solutions
Total Annual Compensation: $111.3K
Financial Advisor
Total Annual Compensation: $192.2K
Compensation as of Fiscal Year 2014.

versatile systems inc (VV) Key Developments

Versatile Systems Inc., Annual General Meeting, Apr 24, 2015

Versatile Systems Inc., Annual General Meeting, Apr 24, 2015., at 10:00 Pacific Standard Time. Location: Board Room at Fasken Martineau DuMoulin LLP. Agenda: To receive the audited financial statements of the Company for its fiscal year ended June 30, 2014; to set the number of directors for the ensuing year at four; to elect four directors for the ensuing year; to appoint BDO Canada LLP as the Company's auditor for the ensuing fiscal year; to re-approve the Company's 2009 Stock Option Plan; and to transact other business as may properly come before the meeting.

Versatile Systems Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2014

Versatile Systems Inc. reported unaudited consolidated earnings results for the first quarter ended September 30, 2014. For the quarter, the company reported sales of $8,748,198 against $6,639,475 a year ago. Loss from operations was $180,641 against $1,214,721 a year ago. Loss before income taxes was $442,069 against $1,248,426 a year ago. Net loss was $443,269 against $1,249,421 a year ago. Cash flow from operating activities was $77,324 against $303,928 a year ago. Purchase of capital assets was $5,764 against $4,304 a year ago.

Versatile Systems Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2014

Versatile Systems Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended June 30, 2014. For the quarter, the company's revenue was $8,485,599 compared to $8,584,095 for the same quarter last year. Net Loss for 3,675,953 or $0.02 per share compared to net loss of $2,172,843 ($0.01 per share) for the same quarter last year; Excluding the non-cash items of $2,718,970 for goodwill impairment, write down of deferred income tax assets in the amount of $336,275 the loss was $620,708. For the year, the company’s sales were $36,369,343 against $36,272,893 a year ago. Loss from operations was $3,921,708 against $2,904,286 a year ago. Loss before income taxes was $6,097,318 against $3,305,340 a year ago. Net loss was $6,438,120 against $3,854,602 a year ago.

 

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