Freeze Tag, Inc. (OTC: FRZT) Explosive Penny Stock!
FRZT explodes on the OTCBB!
Freeze Tag, Inc. (OTC: FRZT) is making an explosive move up on accelerated volume as investors catch on to what the developer of casual games has going on. FRZT has seen some massive developments in recent days however until now the Company has not issued one single press release about any of it. Thanks to some excellent dd which has uncovered some explosive developments, this tiny micro cap trading at a tiny one million market valuation could be trust into the spotlight earning early investors spectacular gains.
Freeze Tag , Inc is in the business of acquiring or developing and publishing casual games. They obtain games through three main sources: licenses, creation of original games, and the use of third-party developers. Most of the games with which they are involved are published in one or more of three platforms, or methods of distribution. These platforms are PC/Mac downloads, mobile, and other emerging platforms like social gaming sites.
On November 7 FRZT released a bombshell 8k in which they announced they have paid off all convertible notes to Asher Enterprises, Inc. What makes this so important is the reason the stock got so low in the first place is this toxic financing with Asher Enterprises, Inc. who's MO is to short the stock into oblivion and convert the debt for millions of new shares at a fraction of a penny.
The 8K stated that "As a result of the payoff of these two (2) notes, plus the conversion of all of the principal and interest on a third note previously owing to Asher Enterprises, Inc., we have no convertible promissory notes outstanding to Asher Enterprises, Inc. at this time."
The other driving factor on FRZT is the recent partnership with GREE , Inc to release Party Animals® for iOS and Android devices, as posted on FRZT’s website on Oct 6, 2012. Look here: http://www.freezetag.com/2012/10/06/freeze-ta...er-gree/ GREE is “the world's leading mobile social gaming platform with millions of players from Beijing to Boston—and we've only just begun.” I.e., GREE = BIG BUSINESS!
Conclusion: FRZT has seen some massive developments in recent weeks and has not yet issued a press release about any of it. The Toxic financing with Asher that got this stock to cheap in the first place is gone. Still trading at a tiny one million market valuation FRZT is priced right for continued explosive gains. Heavy accumulation continues as heavy speculation is that FRZT goes way higher!
To find out the inside scoop on FRZT subscribe to OTCMagic.com right now. Also everyone should know, we have something HUGE coming!
Freeze Tag, Inc.
Craig Holland
Mick Donahoo
freezetag.com
STOCK INFORMATION
SYMBOL: OTC: FRZT
Shares Outstanding 52,057,328
Market Cap: $1,238,964
Freeze Tag, Inc. (OTC: FRZT) was incorporated as Freeze Tag, Inc. in February 2006 in the State of Delaware. In March 2006, Freeze Tag, LLC, their predecessor which was formed in October 2005, was merged with and into Freeze Tag, Inc.
Freeze Tag is in the business of acquiring or developing and publishing casual games. They obtain games through three main sources: licenses, creation of original games, and the use of third-party developers. Most of the games with which they are involved are published in one or more of three platforms, or methods of distribution. These platforms are PC/Mac downloads, mobile, and other emerging platforms like social gaming sites.
GREE Increases Indie Title Line-Up with 4 New Partnerships- Partnerships to Leverage GREE’s Technology and Expertise Combined with Indie Creativity to Build Best-in-Breed Free-to-Play Titles -
San Francisco, CA — October 5, 2012— GREE, a leading social mobile gaming content and platform provider, today announced partnerships with four North American indie game developers: Enders Fund, Fathom Interactive, Fifth Column, and FreezeTag. The partnerships illustrate GREE’s continued commitment to supporting the indie developer community and growing the worldwide mobile games market. With several game launches on GREE Platform, including HotHead’s Zombie Ace which reached Top 25 on the charts, GREE Platform has already seen steady North American growth.
“We’re very focused on working with indie talent here at GREE and we’re committed to helping these guys succeed,” says Eros Resmini, SVP of Developer Relations and Marketing, GREE International, Inc. “We know each of these guys is different. Some need the technology and some want to leverage our know-how — we’re happy to help them however we can.”
GREE Platform allows independent developers to leverage GREE’s extensive experience in social and free-to-play, while accessing the global market. In addition to offering a robust toolset and expertise, GREE ensures indies are set up for success by providing them with various resources including developer meetups and educational videos through the Developer Center. GREE is fully committed to supporting indie developers through their launch process, and will continue to make service improvements based on the needs of the developer.