VinCompass 1Q Report FY 2018

SAN FRANCISCO, CA--(Marketwired - Jul 21, 2017) - VinCompass® Corp. (OTC: VCPS) reported on their 10-Q Quarterly Report an operating loss before extraordinary items such as interest and debt amortization of $339,878 for the period ending May 31, 2017 as compared to a loss before extraordinary items such as interest and debt amortization of $147,111 in the same period ending on May 31, 2016. Net loss for the period ending May 31, 2017 was $879,937 as compared to $155,060 in the same period ending on May 31, 2016.

Company Updates

VinCompass® continues to invest heavily in its core IP with the company's development expense growth of 102% having $79,978 as of period ending May 31, 2017 as compared to $39,530 for the same period ending May 31, 2016. Investing in enrichments of its core technology, VinCompass® plans to enhance our pending Patent technology benefiting from new commercial advancements in Machine Learning and Artificial Intelligence. This will improve personalized recommendations that anticipates the VinPrint® (wine DNA preferences) of members and individually with better optimizing the recommendation while providing scale and cost efficiencies. We are on schedule to have a formal update later in the year from the Patent Trademark Office, as which time we determine to best strategy of filing for additional Patents applications that we have developed or possible alternative uses for the IP. The major refresh of our website and apps (iOS and Android) is nearing completion and it will provide our customers alternative member authentication such as LinkedIn, updated and broader content coverage.

Financial Updates:

VinCompass® continues to focus raising capital to support the company's IP investments and growth plans. During the period ending May 31, 2017, a total of $178,500 was secured from third parties convertible notes and common stock purchases. Additionally the Company had stock based compensation of $149,900 for the period ending May 31, 2017.

The VinCompass's operating plan proposes a minimum capital injection of $1,000,000 for the year ending February 2018, and is also evaluating all equity and debt financing options; and/or a registration statement for up to $5,000,000. The Company continues to have advanced discussions and negotiations with various third-party Family Offices, Financial Institutions and Private Individuals. The use of funds would support monetization across all products as well as the Information and Insights in our droves of data collect over time, from over 10,000 restaurants.