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Major Move on PLYZ (Plyzer Technologies) Plyzer Intelligence; (AI) Machine Learning & Product Matching

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PLYZ (Plyzer Technologies Inc) is gearing up and heating up in recent months skyrocketing out of the triple zeroes and emerging well into pennyland with recent highs of $0.006 per share.  The stock has been under heavy accumulation recently and volume has picked up substantially with PLYZ regularly trading several 100 million shares per day and topped $1.5 million in dollar volume on Friday alone. Microcapdaily first covered PLYZ on December 8 when the stock was triple zeroes; since than PLYZ has risen dramatically as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than PLYZ has.   

There is a lot to get excited about on PLYZ; PLYZ built Plyzer Intelligence; a tool built on artificial intelligence through internally developed algorithms, machine learning, geo-localization and product matching. It allows companies to apply business intelligence to their decisions through the simplification of big data. Brands and retailers can learn more about how their products, as well as their competitors’ products, are performing online. PLYZ was trading over $0.20 per share this time last year with no material changes to the Company. According to their filings the Company’s Spain subsidiary, Plyzer Spain s.l., now has 35 full time employees including 9 freelancers. Investors are anxiously awaiting PLYZ earnings announcement for the period ending March 30, 2020 set to be released on Tuesday, February 16. 

PLYZ (Plyzer Technologies Inc) provides custom, real-time, cloud-based business intelligence solutions for brands to analyze critical online price and market data. Plyzer’s highly customizable dashboard enables country, regional and local sales, production and logistics operations to adapt to prevailing market conditions quickly. The Company’s technology is also being used to provide real-time price comparison reporting to the consumer market. These solutions are both driven by Plyzer’s proprietary artificial intelligence and machine learning technologies. Plyzer Technologies has offices in Barcelona, Spain and Toronto, Canada 

Image result for Plyzer Technologies IncThe Company has four subsidiaries, Plyzer Corporation, Plyzer Technologies (Canada) Inc. Plyzer BlockChain Technologies Inc., and Plyzer Technologies Spain s.l. According to PLYZ last 10k the Company’s Spain subsidiary Plyzer Spain s.l., now has 35 full time employees including 9 freelancers working full time for Plyzer Spain. Further hiring plans will depend on the continued implementation of the current business strategy and if the required funds are raised. It is likely that for now, the Company will resort to hiring consultants as and when needed rather than employ people on a full-time basis to keep its operational costs at a minimum. All the development was outsourced to Lupama and other independent consultants until incorporation of Plyzer Spain s.l. However, currently, the Company has most of the development and commercialization work carried out in-house. 

The Company has a consulting agreement with an independent Spanish Corporation, Lupama Producciones, S.L. Lupama’s key owner, Luis Pallares became the CEO of Plyzer Technologies (Canada) Inc. and Plyzer Corporation. Lupama is creating an artificial intelligence driven engine for price comparison for the Company, known as “Plyzer.” Lupama created Plyzer.com; a comparison engine for prices of over-the-counter medical products currently available in Spain and Canada. Users can search for the stores selling the products of their choosing focusing on the lowest prices but also by proximity. The prices of the products vary and are compared across more than 400 stores. 

PLYZ built Plyzer Intelligence; a tool built on artificial intelligence through internally developed algorithms, machine learning, geo-localization and product matching. It allows companies to apply business intelligence to their decisions through the simplification of big data. Brands and retailers can learn more about how their products, as well as their competitors’ products, are performing online. 

Microcapdaily first reported on PLYZ on December 8 when the stock was in the triple zeroes stating at the time: “Plyzer Technologies Inc (OTCMKTS: PLYZ) is making a powerful move up the charts in recent weeks trading billions of shares in the double zeroes and attracting legions of new shareholders who continue to accumulate and drive up the price. PLYZ was trading over $0.20 per share this time last year with no material changes to the Company. According to their filings the Company’s Spain subsidiary, Plyzer Spain s.l., now has 35 full time employees including 9 freelancers. Plyzer Spain subsidiary has made several announcements this year including signing Vitae Health Innovation, Global Life Sciences Company and Pharmaceutical Chiesi Spain as a new SAAS Customers for its business analytics platform, Plyzer intelligence. On November 13 PLYZ filed an 8k stating: “Management hopes to bring its filings current by early 2021.” 

On December 16 PLYZ provided an update on deal with YYZBCN financing group and settlement with the original founder and other corporate matters. Management states: “With respect to the filing of our year-end March 31/2020, the company has been able to gather most of the information needed to complete the filing. With respect to the quarters ending June 30/2020 and September 30/2020, the company has been gathering the necessary information to carry out the filing. Due to restrictions and difficulties surrounding Covid 19, the company has not been in a position to complete the filings on time. In addition, the CEO of the company had Covid 19 and was unable to work for almost a month. When the Q’s and Ks are completed, they will be filed with the SEC and attached to the company’s website. 

A settlement agreement was reached between the former CEO of Plyzer Spain, Luis Pallares, who was the original founder of the company and Plyzer Technologies/Plyzer Spain. The settlement averted litigation between the parties and ensured continuity of business within the operating company, Plyzer Spain. A cash payment of fifty thousand euros (50 k/Euros) plus twenty-four million (24 M) restricted shares of Plyzer Technologies will be made to Mr. Pallares. Mr. Pallares had previously returned twenty-four million shares to the treasury, so, the new shares being issued only represent what he originally had as a founding shareholder. Mr. Pallares no longer has any involvement in the company but has agreed to work with Plyzer Spain to resolve any issues that YYZBCN Inc. may encounter. The company wishes Mr. Pallares the best of success in his new ventures. 

Investor sentiment on PLYZ is high:

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PLYZ

Further to the previous announcement concerning YYZBCN Inc.’s (YYZ) financing of Plyzer Spain, YYZ has now advanced approximately EUR 960 K in senior equity-linked notes. YYZ has now elected to convert part of their loans into common shares of Plyzer Spain representing 51 % of the company. As such, YYZ now controls the company and the ultimate direction of Plyzer Spain. As previously announced, YYZ has the right to finance up to US $2 M in senior equity-linked notes, that should the loans be converted, would end up in the ownership of 82 % of the equity of Plyzer Spain. Plyzer has not participated in the financing of the recent notes, as per the agreement between the parties, as the company does not currently have any excess capital on hand. Plyzer Spain is the operating company based in Barcelona, Spain that has developed and operates the ongoing business of Plyzer Intelligence, a SAS based data analytics platform. Although the company has paying customers and has cut costs where possible, the company is still operating at a deficit. It hopes to expand its offering into various verticals as well as expand globally (outside of Spain). With respect to the apps that had been developed for the purpose of price comparison, including the cannabis version, they are currently not being further developed nor likely to be continued. Plyzer Spain owns the rights to the apps and any intellectual property attached. 

With respect to the status of the outstanding convertible debt held by various funds in Plyzer, the face amount of approximately US $1.3 M has changed little since the last release. The company is in contact with the debt holders and hopes that at some time an organized plan to deal with the debt can be figured out. All of the funds are based in the United States. 

At this time, Plyzer has not engaged any firm for the purpose of public or investor relations. The Twitter feed that the company previously had is not active. Any published “newsletters’ that appear on various sites through the internet has not been organized or paid for by Plyzer in any way. At this time, Plyzer knows of no pending deals with any other companies for the purpose of financing or joint ventures other than the deal announced with YYZ. As the company does not have any available capital, there is no plan to execute any form of a stock buyback. YYZBCN Inc. is a Toronto, Ontario, Canada based private company. 

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PLYZ is gearing up and heating up in recent months skyrocketing out of the triple zeroes and emerging well into pennyland with recent highs of $0.006 per share.  The stock has been under heavy accumulation recently and volume has picked up substantially with PLYZ regularly trading several 100 million shares per day and topped $1.5 million in dollar volume on Friday alone. Microcapdaily first covered PLYZ on December 8 when the stock was triple zeroes; since than PLYZ has risen dramatically as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than PLYZ has. There is a lot to get excited about on PLYZ; PLYZ built Plyzer Intelligence; a tool built on artificial intelligence through internally developed algorithms, machine learning, geo-localization and product matching. It allows companies to apply business intelligence to their decisions through the simplification of big data. Brands and retailers can learn more about how their products, as well as their competitors’ products, are performing online. PLYZ was trading over $0.20 per share this time last year with no material changes to the Company. According to their filings the Company’s Spain subsidiary, Plyzer Spain s.l., now has 35 full time employees including 9 freelancers. Investors are anxiously awaiting PLYZ earnings announcement for the period ending March 30, 2020 set to be released on Tuesday, February 16. We will be updating on PLYZ on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with PLYZ.

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

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