Recall Studios Inc. (OTCMKTS:BTOP) is an entertainment technology company that is are focused on creating disruptive software, proprietary technology and immersive content, particularly in the areas of virtual and augmented reality.
We’ve never mentioned this stock here on Street Register before, primarily due to the fact that it has emerged quite suddenly, and its share price fluctuated so rapidly as to cause us to take notice. While the company has cited outside promotions which we’ll get to further on down the page, the catalyst for this increase in trading activity can also be at least partially attributed to the press release published by the company this week.
Recall Studios Inc. (OTCMKTS:BTOP) announced that it will soon be launching three products aimed at bringing Virtual Reality (VR) and Augmented Reality (AR) to a market in need of more development. Recall’s suite of software, developed in conjunction with its former subsidiary and strategic partner, will give anyone, anywhere, the power to create their own immersive and interactive experiences without the need for specialized hardware.
Recall has developed VR editing software that is powerful enough for professional productions, but designed with the vision that anyone with a story to tell should have the right tools. This software harmonizes with Recall’s viewing platform which will enhance the way people are immersed in VR and give consumers the ability to produce fully interactive VR experiences.
Recall will also be launching a game that uses Apple’s AR kit to bring families and friends closer together while providing endless entertainment for children. The products are in final testing and Recall expects to take them to market this quarter.
Beyond its three soon-to-be released products, together with its strategic partner and former subsidiary, Recall has entered into a letter of intent with Coatsink Software to jointly develop advancements in AR and VR gaming. Coatsink develops gaming technologies across platforms, including the Nintendo Switch, PS4, PS Vita, PS VR, Gear VR, PC and particularly, Oculus Rift, owned by Facebook. Recall is excited to incorporate technologies from both companies for the next generation of VR/AR entertainment products.
These developments come at a time when longtime Company CEO, Alex Bafer, has decided to resign his positions with the Company for personal reasons. The Company’s Board was quick to appoint Chief Legal Officer Frank Esposito as Interim CEO to work with the Board in directing the Company and finding a permanent CEO. Mr. Bafer successfully helmed the Company and brought it to the point where it is now, on the precipice of entry into a fast growing market sector with significant strategic partners the Company believes will assist it in its goal of high growth. (Source: Globe Newswire)
We were mentioning above that the company addressed promotional activities on the stock to which it has no connection, which it also outlined in the same press release. But the fact remains that activity has increased one way or the other, and it does coincide with a rather juicy piece of press released by the company itself. That’s why we’re interested to track its story moving forward. Augmented and virtual reality are very trendy market spaces with a lot of room for new offerings so we’ll be anxious to learn more about those coming from BTOP. Stay locked to Street Register for updates, and we’ll deliver important developments on BTOP as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in BTOP stock, short or long.