Hi and good morning,
Today we are going to be looking at a subbie that has big mover potential; as this is a morning profile release we are going to jump right into it.
Today’s new profile is Novint Technologies (NVNT)
Company website
http://www.novint.com/
Quote
http://finance.yahoo.com/q?s=NVNT
Currently at just 0015 NVNT is a subbie with a history as a big mover. Not too far north of its 52-week low at the moment there could be a significant upside.
As noted by StockTA, many short, medium and long term indicators are Very Bullish as it seems the chart could be heating up:
Short Term Indicators
Exponential Moving Average: Very Bullish
Moving Average Convergence/Divergence: Very Bullish
Stochastic: Very Bullish
Medium Term Indicators
Exponential Moving Average: Very Bullish
Moving Average Convergence/Divergence: Very Bullish
Three Day Displaced Moving Average: Bullish
50 Day Parabolic Time/Price: Green
Long Term Indicators
Exponential Moving Average: Very Bullish
Moving Average Convergence/Divergence: Very Bullish
Before we get started it is important to note that current information on NVNT is difficult to locate as it has been years since the Company has filed. Therefore, the information discussed in this profile may very well be out of date. The following information comes from their website (linked above) and their filings dating back as far as 2009.
According to their website, NVNT is the pioneer of 3D touch for consumer computing. The Company was developing a new category of products that add high-fidelity interactive three-dimensional touch to computing, beginning with the introduction of their award-winning Novint Falcon game controller and continuing with the addition of the Novint XIO.
The Novint Falcon is a first-of-a-kind game controller that enables the user to experience realistic 3D touch and force feedback when playing touch-enabled games.
The Novint XIO is an exoskeleton that will revolutionize the gaming industry by adding haptic feedback to motion controls.
Take a look at the Products Menu on the Company’s website and you will see just how groundbreaking this technology is:
http://www.novint.com/index.php/products
The Company also offered a wide range of 3D Touch Games & 3D Touch Add ons, which include some of the most popular, highest-selling video games of all time.
The following is just a tiny sample of Full 3D Touch Games and 3D Touch Add Ons. A Novint Falcon 3D Touch controller is/was required to utilize them.
Shooters:
Battlefield 2/ Battlefield 3
Borderlands/ Borderlands 2
Call of Duty: Black Ops 1 & 2
Call of Duty: Modern Warfare 2 & 3
Call of Duty 4: Modern Warfare
Crysis/ Crysis 2
Deus Ex: Human Revolution
Fallout: New Vegas
Mass Effect 2/ Mass Effect 3
Action/Adventure Games:
Diablo III
Portal 2
The Elder Scrolls V: Skyrim
In addition to many more games in the aforementioned genres; the Company also focused on Racing, Strategy, Family Fun, Sports & Casual Games. You can see the full lineup of games here: http://www.novint.com/index.php/3dtouchgames-addons
Just take a look at the Store on the Company’s website to get a better idea of all they have to offer:
http://www.novint.com/index.php?option=com_virtuemart&Itemid=58&vmcchk=1&Itemid=58
Check out some of the reviews NVNT received from some of the top gaming media outlets:
- Popular Mechanics: "Novint Falcon Haptics Controller Could Be Wii 2.0"
- Associated Press: “It's so real; it's hard not to feel a pang of guilt when splattering foes.”
- IGN (9 out of 10): “there's no denying that it's one of the most unique and powerful controllers there's ever been.”
- PC MAGAZINE: “the Falcon doesn't politely ask for your attention, it demands it…overall, the Novint Falcon is a marvel and currently a controller in a league of its own.”
That is about as impressive as it gets… those reviews came from some of the biggest names in the biz.
In addition to both the Falcon and the Xio, and the Company’s touch-enabled games, INVT’s technology had broad applications in numerous consumer and commercial markets.
Novint also worked with clients including Lockheed Martin, Chrysler, Chevron, Aramco and Harvard University.
Novint’s website also says that the Company developed the only low-cost high-fidelity hardware solution available for consumer or commercial haptic applications. This includes; Medical & Dental, Design & Architecture, Underwater, Geological & Geophysical, and Security & Defense.
In the same way the introduction of sound changed motion pictures, or graphics made the internet what it is today, Novint’s technology was made to transform the user experience by adding realistic 3D touch to computing.
That being said, and once again, the information contained in this report comes from the Company’s website which could be outdated. The website’s copyright is dated 2012. As they have not issued any filings since 2009, we are unable to determine the current state and/or current ownership of the technologies and operations discussed in this profile, one way or another.
We have not been able to locate more recent operational information or financial data, for better or for worse. Understand also that we believe that operational and financial information that is publically available is out of date. OTCMarkets states that “This company may not be making material information publically available.”
As stated earlier in the report, we are focused on NVNT for reasons beyond past operations.
Currently at 0015 there could be a significant upside. The 52-week range is 0011 to 008… that’s a gigantic difference from low to high. Currently sitting near the year’s low there could be room for a bounce.
Get started on your research right away. Considering the lack of publicly available information it is important that you realize the highly speculative nature of this situation.
Remember, we always encourage you to do further research. Never take our word for it, read our disclaimer to see why, and of course always consult a professional.
Just because a situation looks great things can still go wrong and often do. Be smart and protect yourself.
Enjoy your morning,
FatCat
