Is A Bounce Coming? Nextech Ar Solutions Corp (OTCMKTS:NEXCF) (CSE:NTAR)
Nextech Ar Solutions Corp (OTCMKTS:NEXCF) (CSE:NTAR) stock ended lower on low volume Tuesday. The company released news this morning. The stock could be in action on Wednesday.
Major Trigger:
Nextech AR Solutions Announces Limited Early Access to HoloX – Telepresence Creator Platform
Key Highlights:
- NEXCF announced an exclusive, early access program for users to create, view and share their human holograms. Program participation will support the development lifecycle of HoloX, leading to its full release expected in the third quarter of 2021.
- In addition to the smart packaging use case noted below, AR human holograms have uses within dating applications, speaker keynotes, remote support, virtual brand ambassadors for new product launches and episodic content for marketing.
Key Quote:
“Our goal to allow anyone to create and share their own augmented reality human hologram – using just a smart phone – is the key step towards mass adoption,” commented Evan Gappelberg, Founder and CEO of Nextech AR Solutions. “With the ongoing advancements made to our applications, we continue to tie together our AR offerings into one platform that offers an array of AR solutions. The ability to create the feeling of presence – or being in the same room in real time – with a live-streaming human hologram is one of the core technologies that will lead the transformation towards spatial computing.”
“At Nextech AR, we are bridging physical and digital worlds,” commented Paul Duffy, President and Chairman of Nextech, creator of the HumaGram™ and holder of multiple patents for Augmented Reality and Holographic Telepresence. “
Market Reaction
In the previous trading session, NEXCF stock was down 9% to $2.70. Total volume for the session stood at 214K shares, below its average volume of 241K shares. The stock moved within a range of $ 2.5500 – 2.9400.
