Waterside Capital Corporation
WSCC
Other OTC1.10
USD
+0.10
- -
CIK
0000924095
ISIN
US9418721034
CUSIP
941872103
Return %
Stock
S&P500
1Y
- -
26.53
3Y
10.00
76.60
5Y
-33.33
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Zindel Zelmanovitch
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Rose Hall Common Virginia Beach VA United States of America 23452
- IPO Date
- Jan 29, 1998
- CIK
- 0000924095
- Similar Companies
- Business
- Waterside Capital Corporation (WSCC) operates as a specialty finance company and former Small Business Investment Company (SBIC) licensed by the Small Business Administration, providing equity and debt securities including subordinated debt, preferred stock, and common stock with detachable warrants or conversion features to finance the growth, expansion, and modernization of small private businesses primarily in the Mid-Atlantic region of the United States; it generates income from dividend and interest payments on portfolio investments, application and processing fees for investment originations, and interest on cash equivalents. Founded in 1993 as Eastern Virginia Small Business Investment Corporation and headquartered in Norfolk, Virginia, with later references to Virginia Beach, Virginia, the company historically maintained a portfolio valued at approximately $11.8 million to $34 million focused on mezzanine debt and venture capital opportunities for privately owned businesses. In recent major changes, Waterside Capital Corporation underwent a domicile conversion from Virginia to Nevada on November 29, 2021, followed by a name change to Metavesco, Inc. on June 3, 2022 with ticker change from WSCC to MVCO, and shifted operations away from active SBIC investing to bitcoin mining at hosted facilities in Texas, Kentucky, and Iowa starting February 2023, acquisition of Boring Brew LLC and Bored Coffee Lab, LLC in June 2023 for web3 coffee products partnering with NFT holders, asset purchase of temporary workforce customer lists from Epic Labor Inc. in September 2024, multiple forward stock splits including a 100-for-1 in December 2024, increases in authorized common shares to 15 billion by June 30, 2025, and issuances of Series A Convertible Preferred Stock and Series X Convertible Preferred Stock alongside ongoing convertible promissory notes and common stock offerings for cash, debt conversions, and services.