SCOTTSDALE, AZ--(Marketwired - Dec 19, 2016) - TimefireVR Inc. (OTCQB: ENTKD) (the "Company"), a software company with a virtual reality platform for immersive, interactive and social experiential learning, today announced that the Company expects its common stock to begin trading under the new ticker symbol 'TFVR' on Tuesday, December 20, 2016.
Jonathan Read, Chief Executive Officer of TimefireVR, stated, "We are pleased to begin trading under our new stock symbol, completing our transition to TimefireVR which reflects our mission and focus on unveiling an immersive, social and experiential learning virtual reality platform. Our talented team has been working diligently for over two years to build a virtual reality ecosystem designed to alter the course of social interaction, experiential learning, commerce and culture. Uniquely, we have layered a business model, which encompasses life-like features such as pay-to-play amusement parks and museums, real estate transactions, commerce and advertising. We are on schedule to deploy our platform, Hypatia, in Alpha during the first quarter of 2017."
About TimefireVR Inc.:
TimefireVR Inc. is an Arizona based Technology Company established in early 2014 to develop a virtual reality application platform ("Hypatia"), built on pillars of social interaction, commerce, cultural immersion, and entertainment. Hypatia is a curated virtual reality destination metaverse of massive scale, in development for over two years and influenced from some of the most visited cities in the world, including Amsterdam, Barcelona, Venice, Paris, London and New York. TimefireVR's VR platform application provides an environment for collaborative participation and experiential learning in a safe environment where creativity and curiosity are rewarded. Hypatia's Alpha launch is anticipated in early 2017 with expectations to be a VR destination content leader. A trailer for Hypatia can be seen at www.timefirevr.com
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding development of TimefireVR's products and future monetization, including our anticipated launch timing for Hypatia. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the future condition of the capital markets in general and the market for microcap securities, the public's and future investors' reaction to and acceptance of virtual reality, and software bugs that could delay TimefireVR's successful development of its Virtual Reality platform. Further information on our risk factors is contained in our filings with the SEC, including the Annual Report on form 10-K for the year ended December 31, 2015. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.