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Tuesday, December 1, 2020

Nfusz Inc (OTCMKTS:FUSZ) on a Parabolic Run

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Nfusz Inc (OTCMKTS:FUSZ) has exploded higher over recent days, breaking out above the stock’s early February highs in the $0.65-0.70/share area last week. FUSZ accelerated from there, closing the week over the $1.50/share area on a steady increase in volume. It’s classic parabolic rise, representing more than an enormous 1,500% since the middle of January.

Helping to drive the action, the company just announced that it has entered into a strategic partnership with dr2marketing. According to the release, “with more than 25 years of direct response and lead generation expertise, dr2marketing boasts a client roster that includes many of the largest healthcare organizations and medical centers in the country.” This is clearly a key driver in the stock’s ascent, but there may be more going on here than meets the eye.

Nfusz Inc (OTCMKTS:FUSZ) formerly bBooth, Inc., is focusing on the manufacture and operation of Internet-connected, kiosk-sized, audio-video recording studios, branded and marketed under the name of bBooth, which are integrated into a social media, messaging, gaming, music streaming and video sharing application.

The Company’s business has evolved from one-based mainly on its mall-based bBooth kiosks and mobile applications, focused on talent discovery, to a cloud-based, enterprise level platform, tentatively branded as NOTIFI, developed to address markets that includes corporate users, consumer brands and media companies, among others, seeking internal and external messaging and communications capabilities. Offered through bBoothTech, the Company’s technology licensing division, the NOTIFI platform is a fully integrated mobile, desktop and Web-based application, with back-end administration and data collection capabilities. It has not generated any revenues.

According to company materials, “nFusz, Inc. (FUSZ) is a Hollywood-based digital tech company. Our proprietary next generation interactive video technology is the core of our new broadcast and cloud-based, Software-as-a-Service (SaaS) products. We offer subscription-based Customer Relationship Management (CRM), sales lead generation, and social engagement software on mobile and desktop platforms for sales-based organizations, consumer brands, and artists seeking greater levels of engagement and higher conversion rates. Our software platform can accommodate any size campaign or sales organization, and its enterprise-class scalability meets the needs of today’s global organizations. Our service is built around our proprietary “Video-First” notifi technology, which places interactive video front and center in all customer and prospect communications. With our flagship product, notifiCRM, we’ve re-invented what a CRM, lead-gen tool should be in today’s video-centric business and social environment. Now watch for our live broadcast interactive video platform that will redefine what “engagement” means in consumer video consumption.”

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As noted above, the company has managed to cement into place some key partnerships, including its latest move to join forces with dr2marketing. This is key to continuing to establish its narrative as it pushes further into the CRM space.

“nFusz’s interactive video technology engages a target audience more effectively than anything we’ve ever seen,” says Roger Lee, Managing Partner of dr2marketing. “We’ve personally observed how powerful their notifiCRM in-video interactive calls to action can be, and we look forward to employing this tool for the benefit of all of our clients.”

“dr2marketing is another great partner for nFusz, as we continue to expand our reach into the advertising and digital marketing sectors,” states nFusz CEO, Rory J. Cutaia.

The chart shows a bit less than 160% during the past month in terms of shareholder gains in the stock. This is emblematic of the stock. FUSZ has a history of dramatic rallies. In addition, the listing has seen a growing influx of trading interest, with the stock’s recent average trading volume running exceeding 170% above its longer-run average levels.

At this time, carrying a capital value in the market of $175.3M, FUSZ has virtually no cash on the books, which must be weighed relative to about $2.9M in total current liabilities. The company is pre-revenue at this point. We will update the story again soon as developments transpire. Sign-up for continuing coverage on shares of $FUSZ stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $FUSZ, either long or short, and we have not been compensated for this article.

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