RealTime and Next Galaxy Show Microcaps Can Be Leaders in Virtual Reality Industry

RealTime and Next Galaxy Show Microcaps Can Be Leaders in Virtual Reality Industry

By: Dylan Sikes - AllPennyStocks.com News

Wednesday, September 2, 2015

We’ve been speaking for a year or more on the emergence of virtual reality (VR) as a nascent industry surrounded by lofty, yet sanguine, expectations about the second coming of VR as technology finally seems to be catching up with concept. Proponents believe VR is going to be the next big thing, re-shaping the way people communicate, experience and learn through immersive platforms. Majors like Facebook (NASDAQ:FB), Sony (NYSE:SNE) and Google (NASDAQ:GOOGL) are already aggressively moving forward in the space and it is now reported that tech behemoth Apple (NASDAQ:AAPL) is quietly positioning to establish a footprint in VR as well. Piper Jaffray’s Gene Munster this week sent a note to clients adding some clarity to Apple’s VR efforts, pointing out $377 million spent on acquisitions in the past two years and the hiring of an unnamed audio expert that was a leader in the development of Microsoft’s (NASDAQ:MSFT) Hololens VR project. The majors are jockeying for positions in an industry that is expected to swell from 200,000 users in 2014 to 170 million in 2018.


There are a lot of upstarts out there, nearly all of which are privately held, that are nose down developing their technology to capitalize on the burgeoning VR industry. Although overlooked by large, some of the publicly traded companies are further along than many may realize and deserved of additional due diligence because of their incredibly low valuations, including Next Galaxy Corp. (OTC:NXGA) and ReelTime Rentals (OTC:RLTR).

Next Galaxy, a content creator and developer of the VR hub Ceek, is one of the first small companies which seems to have actually monetized its technology. NXGA has forged partnerships to create VR content with Miami Children’s Hospital, Berkshire Hathaway’s (NYSE:BRK.A) Richline Group, University of Kentucky Men’s Basketball coach John Calipari, VR HealthNet, Great American Rivalry and others, demonstrating the diversity of areas where VR technology can be deployed to entertain and educate. The young company has been the subject of features on leading financial publications, including CNBC, Fox Business, the Wall Street Journal, Bloomberg and many more, an anomaly for a small company that speaks to the company establishing itself as a leader in VR. Next Galaxy is pushing the bounds in VR to maximize the experience, using technologies such as Leap Motion force feedback in its software to better instruct health care professionals in a virtual setting. Next Galaxy CEO Mary Spio last month told Fortune magazine that the company’s instructional CPR and Heimlich VR applications will be available on iTunes and Google Play in the fourth quarter for $4.99.

Broadly, ReelTime Rentals is in the business of identifying and monetizing individuals and companies who have been thrust into the public eye through the media. Under a shortened name of ReelTime, the company also is growing its brand as a developer of VR content, hailing that its end-to-end solution ReelTime VR app for iOS and Android devices is “the most technologically advanced and has the most creative content of any application to be released to the public to date.” The free app allows users to view 360-degree immersive content either through a VR headset like the Oculus Rift or simply on a device. To demonstrate its technology, ReelTime has partnered with rising country music star Megs McLean, recently unveiling a sneak peak of a VR documentary on McLean, titled “Virtually Me,” at a Taylor Swift concert in Seattle, McLean’s hometown.

On Wednesday, ReelTime officially announced the launch of the ReelTime VR application and production suite, which is now available to nearly 2 billion devices worldwide for iPhone, Android, and Blackberry devices. The app comes packaged with “Virtually Me” as the first video shot and released by ReelTime in full 360-degree VR format. The free 10-minute documentary, produced by multi-Emmy winning producers Jackson Nguyen, Todd Crites and Luis Flores, is an inside look at an in-studio experience with McLean recording “It’s My Truck.”

The video boasts high quality and being device agnostic is an advantage to get views and build brand awareness. ReelTime pulls no punches, saying its VR platform outperforms the Oculus Rift “in every aspect including quality, price, and entertainment,” noting that the Oculus Rift, which is expected for commercial release in Q1 2016, is still a gaming peripheral, requiring an expensive technologically advanced PC system that it must be plugged into for use.

These small companies may not be getting the wide media attention of a company like Facebook, who spent about $2 billion to buy Oculus VR in 2014, but it is pretty clear that in a relatively unnoticed way that they are positioning to capture market as VR continues to go mainstream.

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