Versatile Reports First Quarter Results
Improved Gross Profit and Reduced Expenses
Versatile Reports Fourth Quarter and Fiscal 2012 Results
VANCOUVER, CANADA — (Marketwire) — 11/28/12 — Versatile Systems Inc. (TSX VENTURE: VV) announces its results for the fourth quarter and the 2012 fiscal year.Revenue for the three months ended June 30, 2012 was $8,832,150 generating a gross profit of $1,942,201 or 22.0% of sales compared to $10,180,289 generating a gross profit of $2,381,728 or 23.4% of sales for the same quarter last year. The Loss from Operations for the quarter amounted to $390,775 compared to $302,775 for the same quart
Bertrand des Pallieres Appointed Chairman of Versatile and Increases His Shareholdings to 20.4%
VANCOUVER, CANADA — (Marketwire) — 10/22/12 — Versatile Systems Inc. (TSX VENTURE: VV) today announces the appointment of Bertrand des Pallieres as the new Chairman of the Board of Directors of the Company. Mr. des Pallieres has been a Director of the Company since December 2008. John Hardy will continue as the Chief Executive Officer.Mr. des Pallieres announces that over the past week he has acquired through the facilities of the TSX Venture Exchange, an additional 1,330,000 shares of the
Versatile Reports Third Quarter Results
Positive Earnings and Cash Flow from Operations
Versatile Reports Second Quarter Results
VANCOUVER, CANADA — (Marketwire) — 02/23/12 — Versatile Systems Inc. (TSX VENTURE: VV)(AIM: VVS), announces its results for the second quarter of the 2012 fiscal year.Revenue for the three months ended December 31, 2011 was $9,147,552 generating a gross profit of $1,951,833 or 21.3% of sales compared to $15,460,033 generating a gross profit of $2,968,137 or 19.2% of sales for the same quarter last year. The Net Loss for the quarter amounted to $244,831 ($0.00 per share) compared to Net Earn
Versatile Announces Results of Annual General Meeting
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/17/11 — Versatile Systems Inc. (TSX VENTURE: VV)(AIM: VVS) today announces the results of its annual general meeting, which was held earlier today.The shareholders elected John Hardy, Alessandro Benedetti, Malcolm Clay, Fraser Atkinson, Kais Laouiti and Bertrand des Pallieres as directors of the Company.The shareholders also approved the stock option plan and appointed Deloitte & Touche LLP as the Company-s auditors for the ensuing fiscal
Versatile Reports Fourth Quarter and Fiscal 2011 Results
Positive cash flow from operations for the year