Freeze Tag, Inc.(OTCMKTS:FRZT) has seen a spectacular rise since mid June from $0.0001 lows to recent highs of $0.0148. The stock has become one of the most traded stocks on the entire OTC quickly attracting a massive shareholder base who has been bidding this one higher.
FRZT recently launched Garfield GO, a free-to-play, augmented reality treasure hunting game, a direct competitor to the wildly succesful Pokemon GO which generated over $200 million in revenues in its first month.
Freeze Tag, Inc.(OTCMKTS:FRZT) bills itself as a leading creator of mobile social games that are fun and engaging for all ages. Based on a free-to-play business model that has propelled games like Pokemon Go and Candy Crush Saga to worldwide success, we employ state-of-the-art data analytics and proprietary technology to dynamically optimize the gaming experience for revenue generation. Players can download and enjoy our games for free, or they can purchase virtual items and additional features within the game to increase the fun factor. Our games encourage players to compete and engage with their friends on major social networks such as Facebook and Twitter. Founded by gaming industry veterans, Freeze Tag has launched several successful mobile games including the number one hit series Victorian Mysteries and Unsolved Mystery Club, as well as digital entertainment like Etch A Sketch. Freeze Tag games have been downloaded millions of times on the Apple, Amazon and Google app stores.
Back in November of last year FRZT signed a licensing agreement with Paws Inc., the licensing, marketing and creative company behind the iconic Garfield comic strip. According to management, Freeze Tag is working on two different titles that incorporate various Garfield world character artwork and dialogue. More specific information about launch dates will be forthcoming.
Jim Davis, creator of the Garfield comics said at the time “Freeze Tag’s style and game designs are a perfect fit for our characters. Garfield wants to know if he gets any free pizza out of the deal.”
FRZT skyrocketed after the Company announced its new Garfield GO, a free-to-play, augmented reality treasure hunting game, is now available on Apple’s App Store (iOS) and Google’s Play Store (Android) in the United States, Canada and Australia. In the coming months, Garfield GO will be available in many countries around the world.
In Garfield GO, players search for hidden treasures in their own neighborhood. With the help of 3D Garfield, players can discover coins in the map view, which reflects their surroundings. Once a coin is identified, players enter “Augmented Reality” mode to search for the exact location of the treasure. Only Garfield knows where the goodies are hidden, but he won’t work for free. First, he has to be fed one of his favorite foods: donut, pizza, cake or lasagna. After you toss some food to Garfield, he will happily locate the treasure chest for you.
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“Garfield GO is the first augmented reality, location-based game that features the iconic Garfield cat character,” said Craig Holland, CEO of Freeze Tag. “With millions of treasure locations and real money prizes to find, we think players of all ages are going to love playing Garfield GO”
Augmented reality is a new technology that allows for you to experience parts of the game in the real world! While playing Garfield GO, you can use your phone’s camera to look around and find Garfield pointing to a chest on the sidewalk or in a park. You could find him standing on your desk, sitting on a friend’s lap or even hanging out next to one of your pets! You’ll never know where Garfield will turn up next!
The Garfield brand is still very popular and brings in $750 million to $1 billion in revenue anually from merchandising. Garfield GO will be a direct competitor to Pokemon GO which generated over $200 million in revenues in its first month and finished 2016 with $950 Million in Revenue.
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Currently trading at a $6 million market valuation FRZT has little assets, minimal revenues to date and fast rising debt. But FRZT is an exciting story developing in small caps; the Company is the creator of Garfield GO, a free-to-play, augmented reality treasure hunting game, a direct competitor to the wildly succesful Pokemon GO which generated over $200 million in revenues in its first month and the stock has shown it has runner in its blood already seeing a spectacular rise. We will be updating on FRZT when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with FRZT.
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Disclosure: we hold no position in FRZT either long or short and we have not been compensated for this article.