Aftermaster Inc (OTCMKTS:AFTM) continues to make higher highs and higher lows since it dipped below the $0.40 a share mark in October of this year.
AFTM is the new ticker symbol for Studio One Media; SOMD after the Company affected a name and ticker symbol change. AFTM Co-Founder Larry Ryckman said of the name change “I am proud of the progress that AfterMaster has made this year with respect to building its name in the audio technology industry. Aligning our new name and ticker symbol with our AfterMaster brand, supports our vision and sends a clear message to our stakeholders.”
Aftermaster Inc (OTCMKTS:AFTM) is a groundbreaking audio technology originally developed for the mastering, re-mastering and processing of audio through AfterMaster HD Audio Labs, Inc. AfterMaster’s executive team includes music and audio technology leaders Justin Timberlake, Rodney “Darkchild” Jerkins, Shelly Yakus and Larry Ryckman. AfterMaster delivers an unparalleled clarity, depth and fullness to audio recordings, while delivering a significant increase in volume without increased distortion or loss of dynamic range. The technology has been utilized by a number of leading musicians seeking to create a fuller and richer sound quality than otherwise available in digital audio.
The big story on Aftermaster is their self-contained, state-of-the-art studio that is credited as being the world’s first interactive, fully automated audio/video recording studio. MyStudio eliminates the high cost and technological barriers inherent in the creation of high quality video productions and the uploading of content onto the Internet. MyStudio’s groundbreaking quality and ease of use opens up a new world of opportunities for the creation of user-generated video content by amateurs and professionals alike.
The portable studio seems to be getting some serious traction as the Company has quickly established strategic partnerships with Simon Cowell’s The X Factor, The Grammy Foundation, Mark Burnett Productions, 19 Entertainment, Back Stage Casting, and Realitywanted.com.
In fact the X Factor is using AFTM MyStudio for their audition booths located in Honolulu, HI, Phoenix, AZ, Nashvile, TN, Anchorage, AK, Kansas City, KS and Denver, CO.
Another subsidiary of AFTM is AfterMaster HD Audio Labs, Inc; a groundbreaking audio technology originally developed for the mastering, re-mastering and processing of audio. AfterMaster delivers an unparalleled clarity, depth and fullness to audio recordings, while delivering a significant increase in volume without increased distortion or loss of dynamic range. The technology has been utilized by a number of leading musicians seeking to create a fuller and richer sound quality than otherwise available in digital audio.
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Back in April AFTM issued their latest press release announcing they had entered into an agreement with ON Semiconductor (Nasdaq: ONNN) to develop integrated circuits (ICs) utilizing Studio One’s award-winning AfterMaster™ audio technology and ON Semiconductor’s DSP product development expertise.
The devices are expected to offer an unprecedented level of audio clarity, depth and loudness for consumer electronic devices such as headphones, televisions, sound bars, computers, home and car stereos, tablets and mobile phones. It is expected that the audio ICs will also be used in a broad number of industrial applications, including business phone systems, police and military radios, intercom systems and many other product categories.
On October 28 AFTM announced ProMaster HD, its online audio mastering service, will be available on Adobe® Audition® CC, a professional audio workstation for mixing, finishing and editing.
The integration of ProMaster HD allows Adobe Audition CC users to instantly master their original work directly within Adobe Creative Cloud®. ProMaster HD infuses the clearest, deepest sound quality into any recording, which elevates that audio to a studio remastered sound experience. Soon to be available with the upcoming release of Adobe Audition CC, ProMaster HD will enable its users to substantially cut editing time and enhance original audio work into fuller, deeper, louder and clearer tracks. Users will be able to install the ProMaster HD extension from the Adobe Add-ons marketplace.
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Currently trading at a $65 million market valuation AFTM has $2.1 million in the treasury, tiny revenues and very significant rising debt. But this is an exciting story developing in small caps; AFTM is a real Company developing innovative and in demand products. It is easy to get excited about AFTM, X Factor has adopted the MyStudio for their auditions. This is huge and it opens the question is Mark Burnett using MyStudio for survivor. We will be updating on AFTM when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with AFTM.
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Disclosure: we hold no position in AFTM either long or short and we have not been compensated for this article.