SLYQF FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

Slyce Inc. changed to Pounce Technologies Inc. and a one for 20 reverse split:

I told you to keep an eye on Slyce ??

Huge News ! Maybe several 100% today ????

Dear Ladies and Gentlemen:

After many unsuccessful attempts to contact Mark Elfenbein on November 18, we are left to assume that the Board is not interested in further engaging with us regarding a strategic go private transaction involving Slyce, Inc. We are confident that we are well-positioned to swiftly consummate a transaction that will be in the best interests of Slyce, Inc. stockholders. We strongly believe a transaction involving our companies has a compelling strategic advantage and we demonstrate our firm commitment to bringing our two companies together. Outlined below is an updated proposal for the Board's consideration. 

We propose to acquire 100% of the outstanding capital stock of Slyce, Inc. for a price of $0.85.

A private Slyce Inc. (PrivateCo) would have the ability to deploy technological innovations across an enormous footprint, creating an unmatched ability to deliver the best experience to the largest number of consumers and service providers alike. We are confident that the operating outlook for Slyce Inc. in a private company scenario would be substantially improved over its current prospects.

We believe the work required to finalize a mutually agreeable transaction would be quick, and we can manage it efficiently so as not to disrupt the Slyce, Inc. day-to-day operations. The definitive terms of our proposal could be agreed in the course of a week and completed within a few months, as promptly as the regulatory processes permit. Our proposal is not conditioned on the receipt of financing. 

Our strong preference would have been to work with you on a confidential and cooperative basis. However, we have been unable to develop any meaningful dialogue with you for many days now and were disappointed by your unwillingness to open discussions with us following our many attempts to contact you. Furthermore, in light of the decrease in the Slyce, Inc. share price during the days that followed our November 17 letter to the Board expressing an interest in discussions, and further decreases following our November 18 attempts to contact you with an acquisition proposal, we determined it was advisable to publicly release the text of this letter concurrent with its delivery to the Board to ensure that your stockholders are fully apprised of the significant value afforded by our proposed transaction.

This letter does not represent or create any legally binding or enforceable obligations. No such obligations will be imposed on any party unless and until a definitive agreement is executed.

I assure you that this transaction has the highest priority for Quest Ventures. We look forward to working towards a transaction that creates value for all of our stockholders and, as we have indicated previously, we are prepared to meet with you immediately to discuss the same.

Sincerely,
James Beals
Chief Executive Officer
Quest Ventures

Read more: http://www.benzinga.com/pressreleases/15/11/m5985202/quest-ventures-proposes-to-acquire-100-of-slyce-inc-for-0-85-per-share#ixzz3rsxTYd6k

Neiman Marcus CMO Wanda Gierhart talks visual search



Neiman Marcus has been among the most progressive of retailers when it comes to digital initiatives. The company recently reorganized its corporate structure to create a more unified organization across the physical and digital properties, and has continued to innovate with new mobile features and apps.

Last week the retailer announced an expansion of visual search capabilities to all product categories. The Snap.Find.Shop feature powered by Slyce allows shoppers to snap a photo of an item, then search and find the same or similar item among Neiman Marcus' merchandise. There are efforts to create a shoppable Instagram feed, a mobile wallet and a $100 million investment in its omnichannel strategy.

Wanda Gierhart, chief marketing officer at Neiman Marcus, answered a few questions about why the luxury retailer is investing in mobile.

FierceMobileRetail: Tell me a bit more about why Neiman Marcus is expanding the use of visual search.

Wanda Gierhart: When we initially rolled out with shoes and handbags, we found that customers were taking lots of pictures of items in other categories as well. We always try to exceed our customers expectations and realized there was a demand to use this technology across all the products we sell.

FierceMobileRetail: How important is mobile to Neiman Marcus? Are there features of use cases that are particular to the NM shopper (iOS vs Android? Search vs buy? Instagram vs Pinterest?)

Gierhart: Similar to industry trends, Neiman Marcus customers use of mobile devices is skyrocketing. As a result, mobile is very important to us. Because of the small screen on mobile phones, it's critical we make the browsing and shopping process as seamless as possible. This need is behind both the Snap.Find.Shop feature as well as our early involvement with the Pinterest buy button and Instagram's Like to Know It feature.

FierceMobileRetail: Neiman Marcus prides itself on customer service. Does the visual search technology incorporate human elements or is it strictly a digital platform?

Gierhart: The visual search technology is strictly a digital platform, however customers enjoy using the app to easily connect with their sales associates, find out about great promotions and in-store events, and make payments in-store via the mobile wallet feature.

FierceMobileRetail: How do you think this technology can be expanded on?

Gierhart: That remains to be seen.

The company, SnipSnap, which is now owned by Slyce...

Printed coupons and mobile devices are as far apart as Bitcoins and silver dollars. One company has been specializing in bridging the gap.

Read more:
http://www.computerworld.com/article/2966030/retail-it/using-clues-to-move-paper-coupons-to-mobile.html

Mobile search company expands relationship with leading U.S. retailer

Chris Powell August 28, 2015

Toronto start-up Slyce, which uses visual search to drive mobile transactions, is expanding its year-long relationship with leading U.S. retailer Neiman Marcus, which uses the company’s technology in its “Snap. Find. Shop” mobile tool.

The luxury goods retailer announced this week that it is expanding the program, which launched with women’s shoes and purses in March 2014, to include its entire product assortment.


Wanda Gierhart, chief marketing officer for Neiman Marcus Group, declined to provide specifics on how customers are using the technology, but said it is addressing a key customer need.


“We know that our customer leads a very busy lifestyle,” said Gierhart via email. “She relies on us to provide ways to allow her to shop any time she wants from any place.”


Established last year, Slyce enables users to take a photograph of any real-world item using their mobile device and be presented with comparable products from retail partners they can then purchase directly from their phone.


In addition to its own direct-to-consumer app Pounce, which boasts 25 retail partners including Best Buy, Amazon and eBay, Slyce provides white label solutions to retail partners including Neiman Marcus, The Home Depot, JC Penney and Toys R Us.

The technology uses up to 30 different attributes to match a user’s photo with images of millions of items in its database. A women’s purse, for example, could be matched by factors including product type, colour, texture and the size of the strap or buckles. The technology is said to be 95% accurate.

“It’s quite an exciting, magical and enticing experience, where you can act on a moment of inspiration that brings you to gratification,” said Slyce’s Minneapolis-based CEO Mark Elfenbein, who predicted the majority of product searches would ultimately be conducted via image submission.

“To try and describe a complex pattern in a men’s jacket, you could never do it via [traditional text] search,” he said. “If you snap a picture of it, we can basically find that reference match or something very close, it’s a much better user experience.”

Slyce’s technology is currently in the hands of approximately 12 million people (a combination of Pounce users and people using retailer apps featuring the technology) with Elfenbein saying retail partners are seeing “thousands” of product searches per day. He did not specify how many searches resulted in a transaction.

“Retailers have gravitated to it because they see it as a way to generate transactions with customers even when they’re not physically in their store or even on their website,” he said. “It’s very important to these brands to have some sort of interaction with customers at any point.”

The company has a dual revenue stream: It generates money via Pounce by taking a cut of every transaction, while on the business-to-business side it generates revenue through recurring monthly software licensing fees. The latter comprises the bulk of Slyce’s revenues, said Elfenbein.

The company currently employs 90 people, with offices in Toronto, Minneapolis and Philadelphia. It also has an eight-person R&D operation in Tel Aviv, Israel, which Elfenbein said has emerged as a leading hub of visual search development.

Slyce Inc. to Host Toronto Investor Event

Latest Press Releases to download at http://slyce.it/investors

-Slyce Inc. & Neiman Marcus Expand Visual Search Offering Optimizing Entire Retail Product Line

-Slyce Launches “Snap-to-Coupon” Capability and Digital Coupon Author Platform for Major Retailers

-Slyce Launches Fashion Discovery & Purchase App ‘Craves’ Bringing Shoppers ‘Snap-to-Buy’ Experience for the Very Best in Boutique Fashion

-Slyce Reports Second Quarter 2015 Results

-Slyce Inc. Closes $8.7 Million Bought Deal Financing

-Slyce Inc. Finalizes Contract With Leading Toy and Baby Products Retailer to Provide Mobile Visual Search Technology

-Slyce Inc. Announces Increase to Previously Announced Bought Deal Financing

-Slyce Inc. Announces $5.3 Million Bought Deal Financing

-Signal360, Slyce and SnipSnap Strike Exclusive Partnership

-Slyce Expands SnipSnap Relationship With Bazaarvoice to Offer Mobile Coupon-Based Shopper Marketing Campaigns

Corporate Profile

Slyce has developed an advanced visual search platform that integrates with retail brands and digital content providers to give their customers the ability to instantly discover and purchase products that inspire them by simply snapping photographs with their smartphones or 'clicking' images on either their smartphones (mobiles) or desktop web browsers.

Headquartered in Toronto, ON, Canada Slyce trades of the TSX Venture Exchange (TSX.V) under the ticker symbol (SLC.V).

Slyce's strategy is to position itself as a pivotal player in the emerging visual web. Slyce will provide its technology to retailers, brands, app developers and digital publishers, enabling their apps to recognize products for instant purchase. Slyce will provide its technology in exchange for integration, licensing and per search fees, percentage sales splits and big data provision and analysis.

Slyce is currently working with a growing list of fortune 1000 brands and companies as well as multiple innovative developers.

Hy everybody!

New listing on the OTC

More Information coming soon!

Best Greetings