StableView Asset Management buying at VersaPay (V:VPY)

StableView Asset Management, a 10% Holder, acquired 645,983 Common Shares on an indirect ownership basis for registered holder Laurentian Bank at a price of $1.700 on October 12th, 2017. This represents a $1,098,171 investment into the company's shares and an account share holdings change of 20.1%.

VersaPay is in the Business Support Services Sub Industry Group under the Industrials Sector.

Versapay Corp is a Canada-based financial technology company that provides a cloud-based accounts receivable automation software and integrated payment solutions for businesses. The Company operates through two segments: VersaPay Solutions and Point of Sale Merchant Services (POS). Through its VersaPay Solutions segment, the Company focuses on electronic invoice presentment with its ARC software (ARC) and develops value added payment technologies, such as its PayPort and VersaPay Gateway. Through its POS segment, the Company acts on behalf of financial institutions to provide merchants with the ability to process credit and debit card payments for card-not-present and card-present transactions, including Internet businesses, mail-order/telephone-order merchants and retail point-of-sale merchants in Canada and the United State. The segment also includes the sale of physical and electronic point of sale terminals and related hardware. VersaPay Corporation (VPY) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $1,098,171.