Value Exchange International, Inc. engages in the business of credit card processing and merchant-acquiring services. It offers internet protocol processing services in Asia to bank card-accepting merchants. The firm offers software and hardware solutions. The company was founded by Benny Lee on June 26, 2007 and is headquartered in Hong Kong.
Company profile
Ticker
VEII
Exchange
Website
CEO
Seng Wee Tan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SINO PAYMENTS, INC., Sino Payments, Inc., China Soaring Inc.
SEC CIK
VEII stock data
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
1 Apr 24
8-K/A
Other Events
27 Mar 24
8-K/A
Other Events
27 Mar 24
8-K
Other Events
20 Mar 24
D
$1.10 mm in equity / debt / options, 1 investor
26 Dec 23
8-K
Entry into a Material Definitive Agreement
20 Dec 23
UPLOAD
Letter from SEC
18 Dec 23
8-K
Departure of Directors or Certain Officers
11 Dec 23
10-Q
2023 Q3
Quarterly report
15 Nov 23
NT 10-Q
Notice of late quarterly filing
15 Nov 23
Latest ownership filings
4
Heng Fai Ambrose Chan
19 Dec 23
SC 13D/A
Chan Heng Fai Ambrose
12 Sep 23
4/A
Heng Fai Ambrose Chan
12 Sep 23
4
Heng Fai Ambrose Chan
8 Sep 23
4/A
Heng Fai Ambrose Chan
29 Mar 23
4
Heng Fai Ambrose Chan
27 Feb 23
SC 13D/A
Chan Heng Fai Ambrose
21 Oct 22
4
Heng Fai Ambrose Chan
19 Oct 22
4
Heng Fai Ambrose Chan
17 Oct 22
4
Heng Fai Ambrose Chan
13 Oct 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 234.72 k | 234.72 k | 234.72 k | 234.72 k | 234.72 k | 234.72 k |
Cash burn (monthly) | 48.75 k | (no burn) | 107.61 k | 102.70 k | 7.82 k | 103.52 k |
Cash used (since last report) | 332.28 k | n/a | 733.40 k | 699.95 k | 53.32 k | 705.52 k |
Cash remaining | -97.56 k | n/a | -498.68 k | -465.22 k | 181.41 k | -470.79 k |
Runway (months of cash) | -2.0 | n/a | -4.6 | -4.5 | 23.2 | -4.5 |
Institutional ownership, Q2 2023
46.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 5.32 mm |
Total shares | 20.28 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Chan Heng Fai Ambrose | 13.78 mm | $3.43 mm |
GIGW GigWorld | 6.50 mm | $1.89 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Dec 23 | Chan Heng Fai Ambrose | Convertible Debt Common Stock | Buy | Acquire P | Yes | No | 0 | - | 1.00 mm | - |
6 Sep 23 | Chan Heng Fai Ambrose | Common Stock | Conversion | Acquire C | Yes | No | 0.177 | 7,344,632 | 1.30 mm | 21,492,429 |
6 Sep 23 | Chan Heng Fai Ambrose | Warrants Common Stock | Other | Acquire J | Yes | No | 0.177 | 36,723,160 | 6.50 mm | 36,723,160 |
6 Sep 23 | Chan Heng Fai Ambrose | Convertible Debt Common Stock | Conversion | Dispose C | Yes | No | 0 | - | 1.30 mm | 0 |
23 Feb 23 | Chan Heng Fai Ambrose | Convertible Debt Common Stock | Buy | Acquire P | Yes | No | 0.11 | 12,727,272 | 1.40 mm | 12,727,272 |
23 Feb 23 | Chan Heng Fai Ambrose | Convertible Debt Common Stock | Buy | Acquire P | Yes | No | 0 | - | 1.40 mm | 0 |