$GEGR Gaensel Energy Group Provides Corporate Update Where

New Post Public Reply Private Reply Replies (0) Message Board
louied91
239
$GEGR Gaensel Energy Group Provides Corporate Update Where MetroVR Studios Enters Production for Summer 2023 VR Game Release and the Launch of MetroVR VRCore(SM) Technology

https://www.newsfilecorp.com/release/142584

Salt Lake City, Utah--(Newsfile Corp. - November 1, 2022) - Metro VR Studios, Inc (MVRS), a subsidiary of Gaensel Energy Group, Inc. (OTC Pink: GEGR), announced today that it has officially entered the Pre-Production phase of its next VR video game release, programmed under its proprietary VRCoreSM development software platform. MVRS plans for a multiple title release schedule beginning in the spring/summer of 2023. The VRCoreSM system, in development for the last two years, enables titles to be quickly created for all PC-VR, wireless Meta QuestTM and the new Quest ProTM VR headset systems.

"Our VRCoresM software toolkit enables us to develop full-featured VR content much more quickly and efficiently than other studios regardless of studio size," said Scott Matalon, CTO of MVRS. "Games and VR applications all have similar vertical structures such as characters, weapons, skeletal functions, and player objectives which every developer currently needs to program from scratch. Using VRCoreSM, developers will be able to rapidly deploy applications because we've streamlined these complex programming tasks."

"The VR market has rapidly evolved over the past two years," said Michael Clebnik, CEO of Metro VR, "and studios are now seeing 90% of their sales coming from the booming wireless headset market. This change exacts a heavy toll on smaller development companies due to the highly technical requirements demanded by the lower power standalone headsets that dominate the market."

Matalon continued, "This pre-production phase will be used to finalize which of our several titles will be released into Beta and then into Early-Access availability this coming spring, followed by a full release in the summer of 2023 and a sequence of titles following."

The MVRS VRCoreSM technology brings efficiency, speed, and functionality to developers which they can easily integrate into their applications. With the VRCoreSM platform nearing completion, MVRS will utilize its stable of IP and begin publishing its own series of titles powered by the engine.

"We've leveraged our creative capabilities developing compelling gaming IP ready to be taken to market, from never-seen-before flying saucer battle games to role-playing adventure games. The initial phase of our pre-production has been negotiating with AAA game studio partners from around the world," continued Matalon. "These partners are experienced in producing the corollary art and environment assets required to deliver the seamlessly high-quality experiences expected by today's VR gaming community."

Gaensel Energy Group, Inc. (GEGR) Stock Research Links

GEGR Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

CACI Hits $50K Milestone in Service Dog Program

Updated Category News Views 13

Ice Blocking for a Noble Cause Last I checked, mixing the adrenaline of ice hockey with the grit of veteran support isn't your typical skate on thin ice. But CACI International Inc (NYSE:CACI), with their Good Dogs for Great Americans program, is doing just that. They're taking every blocked shot by the Washington Capitals and turning it into a stepping stone for veterans...

Continue Reading
Jacquie Lawson's Advent Calendar Delights Fans for 17th Year

Updated Category News Views 63

A Festive Tradition with a Twist The Jacquie Lawson Advent calendar is back for its 17th season, and it's no ho-hum affair. This time, the scene is set against the breathtaking backdrop of England's Lake District. If you've been yearning for a bit of that classic literary and natural charm, this is your ticket—minus the airfare. The calendar isn't just a countdown; it's...

Continue Reading
LifeStance Expands Access to Esketamine, TMS

Updated Category News Views 87

LifeStance Health's Treatment Innovations Today, the spotlight is on LifeStance Health, as they're making waves with their treatment approaches for those battling stubborn, treatment-resistant depression. This isn't your run-of-the-mill attempt at tackling the beast—that familiar indifference masked as hope. No, this time around, they’re swinging with Esketamine and...

Continue Reading
OCI Cleared to Merge with Orascom, Sets Delisting Date

Updated Category News Views 117

OCI N.V. has hit a milestone. The shareholders have given the green light to merge with Orascom Construction PLC. This move is fleshed out with an updated roadmap that sharp-eyed investors need to watch closely. The company's shares will no longer be trading on Euronext Amsterdam by late November 2026, contingent on regulatory nods and other variables swirling in the...

Continue Reading
Sentral Expands: Fort Lauderdale & San Diego Additions

Updated Category News Views 112

Sentral's Strategic Leap into New Markets Ever heard of a company spreading its wings like wildfire? That’s Sentral for you, crashing into Fort Lauderdale and pushing deeper roots in San Diego. We’re not talking minor plays here—these two fresh additions make Sentral a resident-giant stretched across 22 markets. Seems like they’re on a mission to ink their mark...

Continue Reading
Lecanemab's New Data: What Investors Should Monitor

Updated Category News Views 35

Lecanemab: A Bold Step in Alzheimer's Treatment? Investors eyeing the biotech sector should pay close attention to the upcoming CTAD conference in 2026, where BioArctic AB's partner, Eisai, is set to present fresh data on lecanemab (Leqembi®). This isn't just another pharma front-page story—this is about potential breakthroughs in Alzheimer's treatment that's caught...

Continue Reading
WhiteFiber's Q3 2026 Call: Key Insights Await Investors

Updated Category News Views 51

Eyes on WhiteFiber's Upcoming Earnings Call You know the drill—results call season can make or break some days for us investors. WhiteFiber, Inc. (NASDAQ: WYFI) is gearing up for their third-quarter earnings call on November 10, 2026, at 9:00 a.m. Eastern Time. As a player in the AI infrastructure game, expectations ride high. With their networks and data centers...

Continue Reading
Kansas City Life's Q3: Earnings Dip, but Growth Ahead

Updated Category News Views 0

Striking a Balance: Kansas City Life's Q3 They say numbers don’t lie, and Kansas City Life Insurance just shared their latest. This quarter, things weren't all smooth sailing, but there's a silver lining. For Q3 2026, net income clocked in at $1.7 million, or $0.18 per share, down from last year’s $2.8 million, or $0.29 per share. Sure, it wasn't all sunshine and...

Continue Reading
Shareholder Stakes at Risk in Major Mergers

Updated Category News Views 15

Deals in the Spotlight: What's at Stake? Ever wonder if you're getting the short end of the stick while company insiders walk away with the spoils? That's the song and dance investors face with the likes of ADT Inc., Instacart, and MidCap Financial Investment Corporation lately. If you're wearing the shareholder hat, you might want to tune into the noise around these...

Continue Reading
Hehe Culture's Timeless Wisdom Explored at Forum

Updated Category News Views 39

Hehe Forum: Bridging the Past and Present Sometimes, the past isn't just anchor weight, it's a compass guiding us through the murky waters of today. The Hehe Culture Forum's latest gathering in Tiantai County, Zhejiang Province, aimed to unravel just how much ancient wisdom can still steer the course in this fast-changing world. Delegates from 23 nations joined forces,...

Continue Reading

Top 5 Most Recently Viewed Articles

Chart Industries Transitions to New Leadership in Upcoming Merger

Updated Category News Views 242

Chart Industries Announces Leadership Change Chart Industries (NYSE: GTLS) is taking significant steps toward a future transition as CEO Jill Evanko has announced plans to assume a senior advisor role starting in early 2026. This change comes as she prepares to take on a new executive opportunity within a privately owned company. Evanko has been essential in steering the...

Continue Reading
Cornish Metals Expands South Crofty Tin Project Operations

Updated Category News Views 287

Cornish Metals Expands Land Financing at South Crofty Tin Project Cornish Metals Inc. (AIM/TSX-V: CUSN), a dedicated mineral exploration and development company, proudly reports an increase in its land ownership at the South Crofty tin project. This significant acquisition involves approximately 4.5 acres from Cornwall Council, enhancing direct access to the vital...

Continue Reading
Pacific Nations Cup 2025 Set for Exciting Semi-Finals in Denver

Updated Category News Views 663

Exciting Semi-Finals of the Pacific Nations Cup 2025 World Rugby has unveiled the schedule for the much-anticipated Pacific Nations Cup 2025 (PNC). This prestigious tournament will unfold against the backdrop of the iconic DICK'S Sporting Goods Park, bringing together six elite teams for a day filled with high-stakes rugby action. Host City: Denver Denver will serve as...

Continue Reading
Record-Breaking Achievements by AskGamblers Complaint Service

Updated Category News Views 127

Remarkable Achievement of AskGamblers Casino Complaint Service AskGamblers Casino Complaint Service (AGCCS) has reached an impressive milestone, successfully resolving complaints and returning over $80 million to players globally. This dedicated service is a vital part of AskGamblers, which is committed to ensuring fair treatment for online casino users. Recent Success in...

Continue Reading
Important Update for Treace Medical Investors: Join Action

Updated Category News Views 384

Join the Class Action Suit Against Treace Medical Concepts Attention to all shareholders of Treace Medical Concepts, Inc. (NASDAQ: TMCI): an essential opportunity to register for a class action lawsuit is now open. This announcement from The Gross Law Firm urges you to take action if you purchased shares of TMCI during the designated class period. Why You Should Consider...

Continue Reading