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Sunday, November 27, 2022

Oculus VisionTech Inc (OTCMKTS: OVTZ) Stock Spotlight

Oculus VisionTech Inc (OTCMKTS: OVTZ) has formed a new base at $0.20 since trading over $1 per share earlier this year. Currently moving up over $0.20 the stock has been moving upwards in recent trading. 

Many investors may be mistaking Facebooks Oculus VR with bulletin board traded Oculus VisionTech Inc: OVTZ. Mistaken identity stocks that make big runs are fairly common and the runs can go on for months. We have reported on a number of them here at Microcapdaily including ZOOM which has changed its ticker since and more recently Signal Advance; SIGL which saw its stock jump from pennies to over $4 per share on confusion that this was FB Oculus, it’s not. 

Oculus VisionTech Inc (OTCMKTS: OVTZ) is a cloud-native development-stage technology company focused on data compliance and digital privacy solutions for business customers worldwide. With offices in San Diego, California and Vancouver, British Columbia, the Company is currently expanding its’ new ComplyTrust® www.complytrust.com, product suite which includes the ComplyScanTM cloud data protection and compliance tool and Forget-Me-Yes® B2B data privacy Software-as-a-Service (SaaS) platform, optimizing CCPA, GDPR, LGPD and other regulatory compliance legislation for Salesforce organizations worldwide that provide businesses with secure data privacy tools enabling sustained and continuous global regulatory compliance of data subject rights. OVTZ’s legacy Cloud-DPS digital content protection solution implements invisible forensic watermarking technology that seamlessly embeds imperceptible tracking components into documents and video-frame content that enables tamper-proof legal auditability for intellectual property protection. 

The Company recently reported via its subsidiary ComplyTrust® Inc., their recent Channel Partner agreement with Corrao Group to introduce the Forget-Me-Yes® (FMY) data privacy management product to Salesforce organizations throughout North America. Corrao Group is a 20-year veteran Salesforce Consulting services partner helping customers to implement and streamline their business processes for maximum ROI and user adoption. Offering Salesforce Consumer Goods, Sales Cloud, Service Cloud and Pardot setup, implementation, customization and support services, Corroa Group is a certified established leader within the Salesforce ecosystem. 

Forget-Me-Yes® (FMY) is ComplyTrust’s cloud-native Software-as-a-Service application for organizational and individual Right-to-be-Forgotten (RtbF) and Right-of-Erase (RoE) data privacy compliance. The FMY secure Zero-Knowledge platform provides single-source capability of continuous compliance by incorporating automated policy-driven re-query services that guarantees a Data Subject’s requested RtbF/RoE data remains ‘forgotten’ over the life of their FMY subscription. 

Running within the global Amazon Web Services (AWS) cloud infrastructure, FMY is a cost-effective solution for facilitating CCPA, CDPA, CPA, GDPR, LGPD and PIPL data subject privacy compliance. FMY gives both Salesforce organizations and their customers peace of mind through actionable tools that help to protect customer data privacy, while increasing overall organizational data compliance for structured processing of Data Subject Access Requests (DSR/DSAR) queries. 

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On April 5 the Company announced availability of their Forget-Me-Yes® (FMY) data privacy solution in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, evaluate, purchase, and deploy software that runs on Amazon Web Services, Inc. (AWS). 

Any customer looking for a secure, cost-effective solution to meet California Consumer Protection Act (CCPA), General Data Protection Act (GDPR), Brazilian General Data Protection (LGPD), and other data subject requests for right-of-deletion data privacy compliance for their Salesforce.org, can easily access the Forget-Me-Yes® platform directly from AWS Marketplace. This availability opens the door for customers to quickly take advantage of FMY’s secure data subject right-of-deletion request mitigation that enables compliance regardless of how small or large the company and overall data subject access request (DSAR) processing requirements. 

Running on the global Amazon Web Services, Inc. (AWS) infrastructure, FMY provides a cost-effective, elastic, resilient, scalable, and highly secure platform for CCPA/CPRA (California), VCDPA (Virginia), CPA (Colorado), GDPR (Europe), LGPD (Brazil), and PIPL (China) data subject privacy compliance management. FMY’s cloud-native microservice architecture, is available on a monthly subscription-basis for cost-effective, automated DSAR structured data query processing across multiple organizational databases. 

“We are excited to announce that FMY is now part of the AWS Marketplace ecosystem,” said Michael Johnson, Co-Founder at ComplyTrust. “Customers can now cost-effectively streamline secure DSAR processing across one or more Salesforce.org datastores, without the hassle of any download or installation requirements.” 

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OVTZ has formed a new base at $0.20 since trading over $1 per share earlier this year. Currently moving up over $0.20 the stock has been moving upwards in recent trading. Many investors may be mistaking Facebooks Oculus VR with bulletin board traded Oculus VisionTech Inc: OVTZ. Mistaken identity stocks that make big runs are fairly common and the runs can go on for months. We have reported on a number of them here at Microcapdaily including ZOOM which has changed its ticker since and more recently Signal Advance; SIGL which saw its stock jump from pennies to over $4 per share on confusion that this was FB Oculus, it’s not. We will be updating on OVTZ when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with OVTZ.

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

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