.52 https://www.datchat.com/ https://habytat.io/
Market Cap 10.00M
DatChat, Inc. a communication software company, develops mobile messaging application. The company offers DatChat Messenger & Private Social Network, a mobile application that gives users the ability to communicate with privacy and protection. It also develops a blockchain-based decentralized communications platform that allows consumers and businesses to connect directly with each other. The company was formerly known as Yssup, Inc. and changed its name to DatChat, Inc. in September 2016. DatChat, Inc. was incorporated in 2014 and is based in New Brunswick, New Jersey
DatChat, Inc. Provides Update on Share Repurchase Program
Shelf registration filed for 25 million dollars (currently 50 million shares + in dilution), and lie about launch date confirmed, this is heading for reverse split :
“We plan to launch Geniuz City, the first world within The Habytat, in the first quarter of 2023.”
Company needs to be investigated for fraudulent PRs.
“8:30a ET 10/18/2022 - Globe Newswire
Ahead of November Launch, Habytat by SmarterVerse Announces New Hires
Mark Mathis appointed CTO of SmarterVerse, Inc. as company bulks up its C-suite with over 30 years of experienceGlobeNewswireOctober 18, 2022
MIAMI, Oct. 18, 2022 (GLOBE NEWSWIRE) -- DatChat, Inc. ("DatChat" or the "Company") (Nasdaq: DATS), a secure messaging, metaverse, and social media company, announced today the appointment of Mark Mathis as Chief Technology Officer of the company's SmarterVerse, Inc. subsidiary.
Mathis is a Web 2 veteran with decades of start-up, institutional management, and development experience. Mathis was a contributor with Origin Protocol and a full-stack blockchain developer with expertise in developing NFT marketplaces, wallets, and public blockchains.
In addition, Renee J. Palacio, who is currently chief technology officer at SmarterVerse, Inc., will be assuming the role as Chief Information Officer and the company has retained New York City- based public relations firm Pace Public Relations.
Habytat by SmarterVerse aims to make the metaverse simple, fun, and accessible for all. This November, Habytat will be launching their Geniuz City which will change how we view and interact with the metaverse. Geniuz City will be a near photo-realistic world that is based on the city of Miami. Initially, you will be able to choose the style of house you want, then start customizing it to represent your personal style and taste. Every time you visit, you will receive rewards that can be used to enhance, expand, and improve your property.”
Only 19.6 OS, Cup and handle could see massive increase on volume soon, banks and major firms that believe in Web3 and the Metaverse will want DatChat to succeed greatly if only just as a primary building block of the entire long term project
DatChat is AOL instant messenger of Web 3
Reg D sales offering is concluded:
“13. Offering and Sales Amounts
Total Offering Amount $ 1160000 USD o Indefinite
Total Amount Sold $ 1160000 USD
Total Remaining to be Sold $ 0 USD o Indefinite
Clarification of Response (if Necessary)
For purposes hereof, the 1,000,000 shares issued were valued based on the closing price of DatChat, Inc.'s common stock as reported by the Nasdaq Stock Market on June 28, 2022.”
A private investor likely a billionaire requested Reg D for privacy reasons
“ Patents Acquired:
-- U.S. Patent 11,151,229 -- Secure Messaging Service With Digital Rights Management Using Blockchain
-- U.S. Patent 10,873,852 -- POOF: A Secure Mobile Text Message and Object Sharing Application, System, and Method for Same
-- U.S. Patent # 11,100,197 B1 -- Secure WebRTC Real-Time Communications Service for Audio and Video Streaming Communications
-- U.S. Patent # 11,176,226 B2 -- Secure Messaging Service with Digital Rights Management Using Blockchain Technology
The DatChat Social Network+ app is available as a free download for iOS and Android.
About DatChat, Inc.
DatChat Inc. is a blockchain, cybersecurity, and social media Company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared with others. The DatChat Messenger & Private Social Network presents technology that allows users to change how long their messages can be viewed before or after users send them, prevents screenshots, and hides encrypted photos in plain sight on camera rolls. DatChat's patented technology offers users a traditional texting experience while providing control and security for their messages. With DatChat Messenger, a user can decide how long their messages last on a recipient's device, while feeling secure that, at any time, they can delete individual messages or entire message threads, making it like the conversation never happened.
About Avila Security Corporation
Avila Security Corporation is a Northern Virginia based information technology company with a focus on cyber security applications. Avila develops, commercializes and licenses next generation technology solutions for secure, real time communications, content management and identity control. Avila has secured numerous patents around messaging applications with Digital Rights Management, Blockchain, Encryption, and WebRTC for text, audio and video providing the sender complete control of all contents at all times. Avila also provides identity control through the implementation of self-sovereign identity (SSI) to provide users complete control of their personal identifiable information. For more information please visit www.poofitchat.com.
(END) Dow Jones Newswires
July 05, 2022 08:00 ET (12:00 GMT)“
Great terms including a solid lock up period for the shares, well done shows the company is well managed and essential to Web 3.0 is now one of the major players with important patents from the acquisition, this is one of the big ones in the Metaverse, Twitter and Facebook take note:
“Item 1.01 Entry into a Material Definitive Agreement.
On June 29, 2022, DatChat, Inc., (the “Company” or “DatChat”), DatChat Patents I, Inc., a Nevada corporation and wholly-owned subsidiary of DatChat (“Merger Sub I”), DatChat Patents II, LLC, a Nevada limited liability company (“Merger Sub II”), and Avila Security Corporation, a Delaware corporation (“Avila”), entered into an agreement and plan of merger (the “Merger Agreement”). Pursuant to the Merger Agreement, DatChat acquired all of the issued and outstanding shares of Avila in consideration of the issuance of an aggregate of 1,000,000 shares (the “Acquisition Shares”) of restricted stock, par value $0.0001, of DatChat. The acquisition also included intellectual property rights in blockchain based digital rights management and object sharing technology, including encrypted WebRTC real-time video and audio streaming communications.
The common stock issued in the merger was issued in reliance on an exemption from registration under Section 4(a)(2) the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506(b) of Regulation D promulgated thereunder, and such common stock will be restricted from the offer or resale absent registration or an available exemption under applicable federal and state securities laws.
Pursuant to the Merger Agreement, the Acquisition Shares will be subject to a “lock-up” period, with certain tranches of the Acquisition Shares being released from the lock-up commencing 6-months after the closing date, and then continuing in equal quarterly amounts from 12-months after the closing date until 21-months from the closing date.”
“11:51a ET 7/5/2022 - Benzinga
DatChat Closes Acquisition Bolstering Its Web 3.0, Metaverse Presence
Communications and social media company DatChat, Inc (NASDAQ: DATS) closed on the previously announced acquisition of Avila Security Corporation.
DatChat issued 1 million shares, subject to a lock-up agreement.
The transaction terms included $1 million in cash and the greater of 739,650 shares or $2.5 million of stock.
The transaction expands DatChat's intellectual property assets by acquiring four issued patents and three pending applications.
The assets include blockchain-based digital rights management and object sharing technology, including encrypted WebRTC real-time video and audio streaming communications.
"The closing of the acquisition of Avila bolsters DatChat's significant competitive advantage that will govern key aspects of our Web 3.0 and Metaverse infrastructure initiatives," DatChat CEO Darin Myman said. "We believe that this acquisition will support our efforts in becoming a leader in Web 3.0 technology development that includes the Metaverse, advertising, and communication."
Price Action: DATS shares traded higher by 7.48% at $1.15 on the last check Tuesday.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.”
Who took DatChat? Really Really gotta love DatChat.
Some words are just fun to say, like the word “Twitter”…
Everything was going good until my DatChat all over themself
On July 28, 2021, the Company filed a certificate of change to the Company’s amended and restated certificate of incorporation, with the Secretary of State of the State of Nevada to effectuate a one-for-two (1:2) reverse stock split (the “Reverse Stock Split”) of the Company’s common stock. Proportional adjustments for the Reverse Stock Split were made to the Company’s outstanding stock options, warrants and equity incentive plans. All share and per-share data and amounts have been retroactively adjusted as of the earliest period presented in the unaudited condensed financial statements to reflect the Reverse Stock Split.
Basis of presentation and liquidity
As reflected in the accompanying condensed financial statements, for the three months ended March 31, 2022 and 2021, the Company incurred a net loss of $3,365,846 and $996,771, respectively. Additionally, for the three months ended March 31, 2022 and 2021, the Company used cash in operations of $2,230,851 and $650,231, respectively. On March 31, 2022, the Company has an accumulated deficit of $30,956,392 and has generated minimal revenues since inception” - From most recent Quarterly report
News today: NEW BRUNSWICK, N.J., March 09, 2022 (GLOBE NEWSWIRE) -- DatChat, Inc. ("DatChat" or the "Company") (Nasdaq: DATS), a communications and social media company that gives users the ability to communicate, share, and post with privacy and screen capture protection, today announced that it has received a notice of allowance from the USPTO for patent application 16/736,858 for a “Blockchain-Based Communication Systems and Methods.”
The “Blockchain-Based Communication Systems and Methods” covers a blockchain-based communication platform, micro-blockchains for direct peer-peer secure communications, ephemeral micro blockchain messaging, control of messages after being sent and a digital rights management engine.
“Our new patent is an important addition to our existing patent portfolio, and further displays our commitment to the development and protection of our intellectual property,” said DatChat CEO Darin Myman. “From this, we continue to show our devotion to protecting our users’ information by giving them control over their messages and posts, even after they’re sent. Of note, this patent comes as we continue to expand our capabilities with our Metaverse and NFT Initiatives, but specifically fortifies our position in the Web 3.0 space
Compensatory Arrangements of Certain Officers.
On January 26, 2022, the Compensation Committee of the Company’s Board of Directors (the “Board”) approved a salary increase for Chief Technology Officer, Peter Shelus. Effective February 1, 2022, Mr. Shelus’ annual salary will increase to $275,000.
$DATS gonna leave a mark. The only positive thing is the float.
5-10 million volume and this thing rockets.
Shs Outstand 15.33M
Shs Float 14.60M
52W Range 2.22 - 18.50
DATS 1 Month Historical Prices
Date Close Change Change (%) Open High Low Volume
Jan 26 2022 2.33 -0.10 -4.12% 2.54 2.59 2.27 1,562,629
Jan 25 2022 2.43 -0.22 -8.3% 2.53 2.65 2.39 1,660,804
Jan 24 2022 2.65 0.03 1.15% 2.38 2.65 2.22 2,960,374
Jan 21 2022 2.62 -0.71 -21.32% 3.00 3.12 2.52 8,351,842
Jan 20 2022 3.33 0.34 11.37% 3.43 4.14 3.28 106,249,294
Jan 19 2022 2.99 -0.34 -10.21% 3.16 3.21 2.88 6,759,586
Jan 18 2022 3.33 0.93 38.75% 2.46 3.82 2.40 27,906,884
Jan 14 2022 2.40 -0.04 -1.64% 2.40 2.4884 2.28 933,629
Jan 13 2022 2.44 -0.25 -9.29% 2.62 2.65 2.42 1,420,498
Jan 12 2022 2.69 -0.05 -1.82% 2.72 3.12 2.62 5,176,525
Jan 11 2022 2.74 0.17 6.61% 2.52 2.81 2.51 812,425
Jan 10 2022 2.57 -0.13 -4.81% 2.56 2.639 2.35 1,748,790
Jan 07 2022 2.70 -0.10 -3.57% 2.79 2.8632 2.63 665,424
Jan 06 2022 2.80 -0.05 -1.75% 2.82 2.92 2.60 1,696,349
Jan 05 2022 2.85 -0.34 -10.66% 3.13 3.2199 2.85 1,012,376
Jan 04 2022 3.19 -0.14 -4.2% 3.34 3.34 3.03 988,426
Jan 03 2022 3.33 0.30 9.9% 3.16 3.36 3.05 1,566,880
Dec 31 2021 3.03 -0.10 -3.19% 3.10 3.24 3.01 1,426,390
Dec 30 2021 3.13 0.22 7.56% 2.94 3.17 2.92 1,412,534
Dec 29 2021 2.91 -0.18 -5.83% 3.06 3.09 2.82 1,210,854
Dec 28 2021 3.09 -0.33 -9.65% 3.43 3.43 3.09 950,019
Dec 27 2021 3.42 0.03 0.88% 3.40 3.65 3.33 1,061,110
See More Historical Prices »
Avila Security Corporation is a Northern Virginia based information technology company with a focus on cyber security applications. Avila develops, commercializes and licenses next generation technology solutions for secure, real time communications, content management and identity control. Avila has secured numerous patents around messaging applications with Digital Rights Management, Blockchain, Encryption, and WebRTC for text, audio and video providing the sender complete control of all contents at all times. Avila also provides identity control through the implementation of self-sovereign identity (SSI) to provide users complete control of their personal identifiable information. For more information please visit
DATS up 23% @ 3.69 > several recent catalysts bode well for higher share price.
DatChat shares are trading higher after the company signed a letter of intent to acquire Avila Security Corporation for $1 million in cash and and the greater of 739,650 shares of restricted common stock or $2.5 million of restricted common stock.
$DATS $4 break after hitting recent low of 2.95
Starting another small entry at low $4s. Will see if $3s come back.
EQNX::TICKER_START (NASDAQ:DATS),(NASDAQ:DATSW), EQNX::TICKER_END DatChat, Inc. ("DatChat" or the "Company") (Nasdaq: DATS), a secure messaging, metaverse, and social media company, through its SmarterVerse, Inc. subsidiary, today announced that Geniuz City, the first world of the Habytat will be based on the design and layout of a near photorealistic city of Miami, and its surrounding areas. Pre-registration is now open at SmarterVerse.com.
The initial phase of Geniuz City will be limited to an initial 500,000 land grant recipients. Design, renderings, and details of the new metaverse are available to be viewed on Habytat.io.
Recipients of Geniuz City land grants will receive a deeded NFT for their property after achieving a predetermined level of active participation. As recipients of land parcels interact with their property, the more it can continue to grow, improve, and evolve. Additionally, the Habytat metaverse will be based on an advertising-based revenue model and will offer rewards and additional incentives for active participants.
To learn more about the Habytat metaverse, please visit SmarterVerse.com to watch the newly released video presentation, join the pre-registration list and view details about Geniuz City.
"It is very important to us that our metaverse is as close to realistic as current technology provides and is easy to use while providing useful tools to enhance our daily lives," said DatChat CEO Darin Myman. "This is why I am urging others to take the time to watch our new video presentation and view details about Geniuz City on SmarterVerse.com."
About DatChat, Inc.
DatChat Inc. is a secure messaging, metaverse and social media Company. DatChat's Messenger & Private Social Network via application presents technology that allows users to change how long their messages can be viewed before or after users send them, prevents screenshots, and hides encrypted photos in plain sight on camera rolls. The Company's patented technology offers users a traditional texting experience while providing control and security for their messages. The Company continues to innovate and implement strategic initiatives to increase the adoption of blockchain technology and advance its Social Network+ and Metaverse initiatives. For more information, please visit datchat.com."