Buy Or Sell Opportunity • Mar 09
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to CA$0.05. The fair value is estimated to be CA$0.041, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Announcement • Aug 13
Oculus Inc., Annual General Meeting, Oct 15, 2025 Oculus Inc., Annual General Meeting, Oct 15, 2025. Location: suite 507, 837 west hasting street, british columbia, vancouver, Canada New Risk • Dec 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$239k free cash flow). Negative equity (-US$317k). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.97m market cap, or US$5.53m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Significant insider selling over the past 3 months (CA$574k sold). Announcement • Jul 29
Oculus VisionTech, Inc., Annual General Meeting, Sep 30, 2024 Oculus VisionTech, Inc., Annual General Meeting, Sep 30, 2024. Location: suite 507, 837 west hasting street, british columbia, vancouver Canada New Risk • Nov 11
New major risk - Negative shareholders equity The company has negative equity. Total equity: -US$6.2k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$789k free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-US$6.2k). Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.28m market cap, or US$2.38m). New Risk • Oct 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.1m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$4.39m market cap, or US$3.20m). Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Independent Director Fabrice Helliker was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Jun 17
Oculus VisionTech, Inc., Annual General Meeting, Sep 15, 2023 Oculus VisionTech, Inc., Annual General Meeting, Sep 15, 2023. Agenda: AGM. Announcement • Jun 24
Oculus VisionTech, Inc., Annual General Meeting, Sep 15, 2022 Oculus VisionTech, Inc., Annual General Meeting, Sep 15, 2022. Director Overboarding • Aug 17
Director Anton Drescher has joined 8th company board Anton Drescher has been appointed to the board of ZEB Nickel Corp. (TSXV:ZBNI). Drescher now sits on a total of 8 company boards. With 8 board positions including the role of CEO at Lamaska Capital Corp. (TSXV:LCC.P), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 17
Director Anton Drescher has joined 8th company board Anton Drescher has been appointed to the board of ZEB Nickel Corp. (TSXV:ZBNI). Drescher now sits on a total of 8 company boards. With 8 board positions including the role of CEO at Lamaska Capital Corp. (TSXV:LCC.P), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 17
Director Anton Drescher has joined 8th company board Anton Drescher has been appointed to the board of ZEB Nickel Corp. (TSXV:ZBNI). Drescher now sits on a total of 8 company boards. With 8 board positions including the role of CEO at Lamaska Capital Corp. (TSXV:LCC.P), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Announcement • Apr 27
Oculus VisionTech Inc. Announces General Availability of "Forget-Me-YesTM" (FMY) a Data Privacy Solution Oculus VisionTech Inc. announced general availability of "Forget-Me-YesTM" (FMY) a data privacy solution. General Availability status allows Oculus through its brand ComplyTrustTM to emerge from a pre-revenue company to a company actively marketing and selling its services. "Forget-Me-YesTM" (FMY) is ComplyTrust's Software-as-a-Service application for organizational and individual Right-to-be-Forgotten (RtbF) and Right-of-Erase (RoE) data privacy compliance. The Forget- Me-YesTM" Zero-Knowledge platform provides single-source capability of continuous compliance by incorporating automated policy-driven re-query services that guarantees a Data Subject's requested
RtbF/RoE data remains `forgotten' over the life of their FMY subscription. Forget-Me-YesTM's B2B cloud-native microservice and infrastructure-agnostic architecture, is now available on a monthly subscription-basis for Salesforce organizations, supporting both structured and unstructured data queries. According to Gartner's 2020 Hype Cycle for Legal and Compliance Technologies, the average cost to manually process a Data Subject Access Request (DSAR) is $1,406.00. Forget-Me-YesTM is cost-effective insurance to ensure DSAR deletion-request compliance for Brazil's LGPD, California's CCPA/CPRA, Europe's GDPR, Nevada's SB220 and Virginia's CDPA data privacy legislation. Announcement • Apr 20
Oculus VisionTech, Inc. announced that it has received CAD 3.92 million in funding On April 19, 2021, Oculus VisionTech Inc. (OTCPK:OVTZ) closed the transaction. The company issued 4,900,000 units for gross proceeds of CAD 3,920,000. The company paid cash finders’ fees in the amount of CAD 42,000, representing 6.0% of the gross proceeds raised. The transaction included participation from one insider of the company for 100,000 units. Announcement • Apr 01
Oculus VisionTech, Inc. announced that it expects to receive CAD 3.84 million in funding Oculus VisionTech, Inc. (OTCPK:OVTZ) announced a non-brokered private placement of up to 4,800,000 units at a price of CAD 0.80 per unit for gross proceeds of up to CAD 3,840,000 on March 31, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share for a period of two years from the date of issuance at a price of CAD 1 per share. Directors and officers of the company are expected to subscribe for a portion of the transaction. The transaction is subject to receipt of applicable regulatory approvals, including acceptance by the TSX Venture Exchange. The company may pay finder's fees in connection with the transaction, consisting of cash payments equal to 6% of the gross proceeds raised from the investors introduced by a finder to the company. The securities to be issued will be subject to a hold period expiring four months and one day after the closing of the transaction under applicable Canadian securities laws. Is New 90 Day High Low • Jan 26
New 90-day high: CA$0.64 The company is up 91% from its price of CA$0.34 on 27 October 2020. The Canadian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 28% over the same period. Announcement • Dec 03
Oculus VisionTech, Inc. Announces Preparation for the Launch of Forget Me Yes Oculus VisionTech Inc. announced preparation for the launch of their Forget Me Yes. data privacy compliance platform. The launch of the Forget Me Yes (FMY) platform, in conjunction with its Data Protection System (DPS), will allow Oculus VisionTech to offer a line of security and regulatory required product(s) that target the fast growing market for cloud native and hybrid cloud business. International Data Corporation forecasts that the worldwide data privacy market grew 60.29% in 2019 and is expected to be a multi-billion market by 2023. In addition, OVT advises that wholly owned subsidiary OCL Technologies Corp. has recently been featured on Blocks & Files regarding FMY Software-as-a-Service API Platform. No financial nor share consideration was paid for this blog, and OVT is not aware as to whether B&F currently have any share ownership. The Forget Me Yes (FMY) service manages both organizational and individual Right-to-be-Forgotten (RtbF) and Right-of-Erase (RoE) compliance of structured data for California Consumer Privacy Act (CCPA), Nevada SB220, Washington Privacy Act (WPA), Brazil's LGPD and Europe's GDPR. Features include easy integration for Salesforce and other third parties, in-time compliance, automated persistent re-query delete including an audit trail for continuous compliance. Is New 90 Day High Low • Nov 26
New 90-day high: CA$0.41 The company is up 28% from its price of CA$0.32 on 27 August 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 3.0% over the same period. Announcement • Nov 20
Oculus Visiontech Inc. Releases Data Privacy Compliance Platform Forget Me Yes Oculus VisionTech Inc. announced the alpha release of their data privacy compliance platform Forget Me Yes. The Forget Me Yes (FMY) Software-as-a-Service API Platform specifically manages both organizational and individual Right-to-be-Forgotten (RtbF) and Right-of-Erase (RoE) compliance of structured data for California Consumer Privacy Act (CCPA), Nevada SB220, Washington Privacy Act (WPA), Brazil's LGPD and Europe's GDPR. Features include easy integration for Salesforce and other third parties, in-time compliance, automated persistent re-query delete including an audit trail for continuous compliance. Is New 90 Day High Low • Oct 13
New 90-day high: CA$0.41 The company is up 13% from its price of CA$0.36 on 15 July 2020. The Canadian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 2.0% over the same period.