  during the six months ending june 30 2021 the adjusted net income of the company was 7653255 adjusted basic earnings per share were 008 and diluted earnings per share were 007   during the three months ending june 30 2021 the adjusted net income of the company was 2222180 adjusted basic earnings per share was 002 and diluted earnings per share was 002   issued a special dividend of common shares of its portfolio company gameon entertainment technologies inc cseget gameon in may 2021   issued a special dividend of common shares of its portfolio company fantasy 360 technologies inc cse reservedvrar immersive subsequent in august 2021 vancouver british columbia aug 30 2021 globe newswire  victory square technologies inc victory square or company csevst otcvsqtf fwb6f6 a company that provides investors access to a diverse portfolio of next generation technology companies in key sectors including the creator economy digital health gaming web 30 vrar and green tech announces it has filed its consolidated condensed interim financial statements and associated managements discussion and analysis mda for the three and six months ended june 30 2021 q2 2021 was another strong quarter for victory square in which we achieved a sixth consecutive quarter with positive net income  earnings per share issued a share dividend and listed gameon cseget in addition to closing our investment in stardust solar technologies inc stardust we closed an oversubscribed financing for immersive launched discreetcarecom and covalent network corporation completed a 10000000 usd public sale of their cqt token said shafin diamond tejani chief executive officer of victory square financial highlights for the three months ending june 30 2021   adjusted basic earnings per share was 002 and diluted earnings per share was 002 and   the company ended the quarter with a healthy balance sheet with cash and cash equivalents of 6131231  financial highlights for the six months ending june 30 2021   adjusted basic earnings per share was 008 and diluted earnings per share was 007 during the three months ended june 30 2021 the company had net income from continuing operations of 1144572 adjusted for noncash costs for share based payments of 519548 and noncontrolling interest for the period of 558060 the adjusted net income of the company was 2222180 adjusted basic earnings per share was 002 and diluted earnings per share was 002  during the six months ended june 30 2021 the company had net income from continuing operations of 4583453 adjusted for noncash costs for sharebased payments of 2085606 and noncontrolling interest for the period of 984196 the adjusted net income of the company was 7653255 adjusted basic earnings per share was 008 and diluted earnings per share was 007 the companys consolidated financial statements for the quarter ending june 30 2020 along with its mda are available under the companys profile on sedar at  business highlights for the three months ending june 30 2021   victory square technologies reported record net income of 19733031 and positive earnings per share of 030 in fiscal 2020   immersive announced an loi with autobahn indoor speedway for an initial purchase of their uncontained vr attraction with an option to purchase up to 10 units   portfolio companies next decentrum and cloud nine web3 announced strategic partnership to launch nft nonfungible token products  managed services platform   victory square launched discreetcare – a fullservice web app for the treatment of sensitive  delicate medical issues   gameon officially began trading on the canadian securities exchange on june 1st 2021   immersive announced the appointment of alvin wang graylin to its board of directors mr graylin currently serves as the china president of htc corporation managing all aspects of htcs business in the china region   gameon announced an exclusive partnership with indias entertainment super app mxplayer that will introduce cricket prediction games for mobile to their service   cloud advisors announced the launch of canadas first digital employer and employee benefits marketplace   covalent closed 10 million usd in a public sale of its cqt token on the distribution platform coinlist   immersive announced the appointment of metaverse leader cathy hackl to its board of directors   next decentrum technologies received 500000 investment to launch momentableai a digital collectables platform that empowers creators to create manage and promote nftbased digital products experiences collections and communities on the flow blockchain   victory square portfolio company turnium technology group included on the ready to rocket list for 2021 of british columbiabased technology companies set for faster growth   stardust became the first and the only coast to coast authorized canadian dealer of the highly soughtafter solar and energy services provider sunpower   victory square portfolio company turnium technology group inc ttgi partnered with ibm to onboard ttgis cloudnative sdwan solution to the ibm cloud for telecommunications   victory square signed an loi for a followon investment in one of the top 10 ranked influencer platforms – creatorco   victory square portfolio company immersive received conditional approval to list on the canadian securities exchange under the symbol cse vrar   victory square declared and issued a special dividend of common shares in portfolio company immersive and   hydreight signed strategic sales and marketing agreement with medline industries inc to provide hydreights telemedicine platform to medlines clients  the company expects to focus on the following primary goals for the next 90  120 days are   immersive to start trading on the canadian securities exchange under symbol csevrar   consider other opportunities for public listings for its other portfolio companies   issue the second tranche of its special dividend of common shares of portfolio company immersive before the end of the current calendar year   expand hydreights strategic sales and marketing agreement with medline industries inc to provide hydreights fullsuite of mobile digital health solutions and telemedicine platform to medlines clients surgery centres skilled nursing facilities home care agencies nursing homes hospice care hospital laundries   work with creatorco to grow their existing platform and to complete the development of an addon feature which will allow creators to launch their own digital currency powered by the blockchain   look for additional investment opportunities in ventures working on the following ev solutions renewable energy digital assets management fintech rent now pay later employee health  wellness and the creator economy   continuing to work on new digital health technology that allows for whitelabeling for enterprise brands and customers   completing the friendly pc model certifications in the united states   help to continue to organically grow existing portfolio companies and   invest in the team and infrastructure to support further investments and scaling finally victory square integrates a strong esg environmental social and corporate governance component throughout its operations our portfolio highlights minority entrepreneurs often overlooked by traditional investors including many from developing countries we are also dedicated to giving back to the communities in which we serve and operate the companys mandate is to assist organizations through its time talent and treasure the company is committed to organizations that provide services in the youth mental health special needs sport tech education marginalized groups first nations and accessibility sectors the company and the management team contributed approximately 500000 in donations to variety the children charity of bc cknw kids fund simon fraser university tech camp the bc sports hall of fame  museum covenant house vancouver ywca coast mental health the cerebral palsy association of bc mealshare and the bc childrens hospital foundation these gifts are in conjunction with vsts giving back pledge made by its executive staff and board we are living in the midst of the 4th industrial revolution the tech revolution that will undoubtedly change everything as we know it said shafin diamond tejani digital health arvr cybersecurity gaming sports entertainment and web 30 are sectors that victory square has invested in we offer investors the chance to invest in the most exciting tech trends all in one place check out victorysquarecom and sign up to vsts official newsletter at  on behalf of the board of directors for further information about victory square please contact victory square vst builds acquires and invests in promising startups then provides the senior leadership and resources needed for fasttrack growth vsts sweet spot is cuttingedge tech thats shaping the 4th industrial revolution our corporate portfolio consists of 20 global companies using ai vrar and blockchain to disrupt sectors as diverse as fintech insurance health and gaming what we do differently for startups vst isnt your ordinary investor with real skin in the game were committed to ensuring each company in our portfolio succeeds our secret sauce starts with selecting startups that have real solutions not just ideas we pair you with senior talent in product engineering customer acquisition and more then we let you do what you do best build innovate and disrupt in 2436 months youll scale and be ready to monetize what we do differently for investors for investors we offer earlystage access to the next unicorns before theyre unicorns our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cuttingedge technologies because we focus on marketready solutions that scale quickly were able to provide strong and stable returns while also tapping into emerging global trends with big upsides vst is a publiclytraded company headquartered in vancouver canada and listed on the canadian securities exchange vst frankfurt exchange 6f6 and the otcqx vsqtf for more information please visit wwwvictorysquarecom the canadian securities exchange or cse is operated by cnsx markets inc recognized as a stock exchange in 2004 the cse began operations in 2003 to provide a modern and efficient alternative for companies looking to access the canadian public capital markets this news release is qualified in its entirety by its interim financial statements and associated mda for the period ended june 30 2021 copies of which are available on the companys profile on sedar at wwwsedarcom in the case of any conflict between this news release and the financial statements and mda the information provided in the financial statements and mda shall prevail investors are referred to the entirety of the financial statements and mda this news release contains forwardlooking information within the meaning of applicable securities laws relating to the outlook of the business of victory square and its portfolio companies including without limitation statements relating to future performance execution of business strategy future growth business prospects and opportunities of victory square and its related subsidiaries and portfolio companies and other factors beyond our control such forwardlooking statements may without limitation be preceded by followed by or include words such as believes expects anticipates estimates intends plans continues project potential possible contemplate seek goal outlook or similar expressions or may employ such future or conditional verbs as may might will could should or would or may otherwise be indicated as forwardlooking statements by grammatical construction phrasing or context all statements other than statements of historical facts contained in this news release are forwardlooking statements forwardlooking information is based on certain key expectations and assumptions made by the management of victory square although victory square believes that the expectations and assumptions on which such forward looking information is based are reasonable undue reliance should not be placed on them because victory square can give no assurance that they will prove to be correct although victory square believes that the expectations reflected in forwardlooking statements in this press release are reasonable such forwardlooking statements has been based on expectations factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties certain of which are beyond the victory squares control including but not limited to the risk factors discussed in the continuous disclosure materials of the victory square which are available under the victory squares profile on sedar at wwwsedarcom the forwardlooking statements contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof actual results and developments may differ materially from those contemplated by these statements the statements contained in this news release are made as of the date of this news release victory square disclaims any intent or obligation to update publicly any forwardlooking information whether as a result of new information future events or results or otherwise other than as required by applicable securities laws the canadian securities exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof