Freeze Tag, Inc. (OTCMKTS:FRZT) is a creator of mobile social games, announced that its new Garfield GO! augmented reality treasure hunt game is now available on Apples App Store and Googles Play Store in Australia. This news was released two months ago and shares had an explosive rally. The issue with this stock is the total number of outstanding shares (944.67 million) in the market place and the sheer number of shareholders who own shares. The stock moved from .0002 to .005 last week and the volume on this day turned over nearly all 1 billion of the outstanding shares. This is a big move. We wanted to see what was driving FRZT.
Most of you know or have read GARFIELD, who was born on the comics pages in 1978. The creation of cartoonist Jim Davis, GARFIELD, is a humorous strip centered on the lives of a quick-witted orange cat who loves lasagna, coffee, and his remote control; Jon Arbuckle, his owner; and Odie, a sweet but dumb dog. GARFIELD was introduced to the world in just 41 newspapers and is now the most widely syndicated comic strip ever, appearing in 2100 newspapers. The strip, distributed by Universal Press, is read by over 220 million people each day and is translated into 42 languages. Garfield GO! is the first augmented reality, location-based game that features the beloved Garfield cat character, said Craig Holland, CEO of Freeze Tag. It’s like Pokemon GO, but with Garfield, the lasagna-loving cat. We are launching the game in Australia to gather player feedback and refine the experience before we launch in the USA and other parts of the world.
Freeze Tag, Inc. (OTCMKTS:FRZT) brings the lasagna-loving feline Garfield to the fun and engaging world of augmented reality gaming, similar to Pokemon GO. In Garfield GO!, the player must help Garfield collect the comic strip pieces that got scattered about the world, when Odie tore up the comic books. Along the way, players pick up treasures and trinkets from the Garfield universe such as a Party Hat, Yarn Ball and Garfields favorite teddy bear, Pooky. In order to retrieve the treasures, Garfield insists that he be fed first. Garfield loves to eat. The player then can either bake or purchase one of Garfields four favorite foods: donut, pizza, cake or lasagna. The game also features mini-games, player statistics and achievements, in addition to a comic strip collection that contains hundreds of comic panels from the Garfield comic strip.
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Garfield GO! represents the first collaboration between Freeze Tag and strategic partner, Munzee. To help build out the available geographic play areas for Garfield GO!, many Munzee locations have been incorporated into the game. Freeze Tag has also added thousands of additional locations to make it easy to play Garfield GO! in most areas.
With almost 6 million locations worldwide and hundreds of thousands of players, Munzee is a social platform that blends gamification, geolocation and marketing elements into an experience that rewards players for going places in the physical world. Utilizing QR code and GPS technology, Munzee is able to validate a person’s location and provide them points to level up in the various Munzee mobile applications. The Munzee suite of applications includes Munzee, our flagship product, Eventzee, a photo scavenger hunt useful for corporate training and trade shows, and WallaBee, an addictive collecting game with over 2,000 beautifully drawn digital cards.
Freeze Tag (OTCMKTS:FRZT) is a leading creator of mobile social games that are fun and engaging for all ages utilizing the free-to-play business model that has propelled games like Candy Crush Saga to worldwide success. FRZT is leveraging a long time cartoon favorite. The issue here will revolve around how the shares are split into a more manageable number, having nearly 1 billion shares outstanding is a red flag for many investors, so I would fully expect a reverse split to make this more manageable. For continuing coverage on shares of $FRZT stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!