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NEWS: Freeze Tag Announces Merger with Munzee is Complete
TUSTIN, CA, October 19, 2017 – Freeze Tag (OTC: FRZT – temporarily trading as FRZTD), a leading creator of mobile social games, today announced the company has successfully completed a merger with Munzee Inc., effective October 18, 2017.
“We are thrilled to combine forces with Munzee Inc.,” said Craig Holland, CEO of Freeze Tag. “Rob Vardeman and the Munzee team have built a world class location-based gaming franchise with a dedicated player community.”
The combined company, Freeze Tag, Inc., will maintain offices in McKinney, Texas and Tustin, California with the management team comprised of Craig Holland as CEO, Rob Vardeman as President, Mick Donahoo as CFO, and Cecie Newman as VP of Operations.
“Six years of building communities in our family of apps, with a hard-working team, has brought us to this next chapter,” said Rob Vardeman, former President of Munzee Inc., and now President of Freeze Tag. “We look forward to the leadership and experience the Freeze Tag team brings as we all become stronger together.”
Freeze Tag will continue to align its vision with two fast-growing trends in the mobile applications world: AR location-based gaming and location-based advertising. The combined company has proprietary technology with the ability to create a portfolio of augmented reality location-based games for brands and iconic characters, such as the augmented reality treasure hunting game Garfield GO (www.garfieldgo.com), which is currently live in several countries around the world.
According to advisory firm Digi-Capital, mobile AR (augmented reality) is set to become the primary driver of a $108 billion VR/AR market by 2021, with AR taking the lion’s share of $83 billion, with VR being the remaining $25 billion (source: Digi-Capital article: http://www.digi-capital.com/news/2017/01/after-mixed-year-mobile-ar-to-drive-108-billion-vrar-market-by-2021/#.WXvRrdPyvdQ).
With Munzee’s dedicated player community and large installed base of locations and the combined technology of both companies, there are tremendous opportunities to offer engaging entertainment-centric, location-based advertising solutions. Location-targeted mobile advertising is advertising based on a user’s location or includes proximity-relevant content to trigger local offline conversions. According to BIA/Kelsey, a media research firm, location-targeted mobile ad sales are expected to rise from $12.4 billion in 2016 to $32.4 billion by the end of 2021. (Source: http://www.biakelsey.com/location-targeted-mobile-ad-spend-reach-29-5b-u-s-2020/)
Freeze Tag management indicated that news related to current and future products will be forthcoming.
About Freeze Tag, Inc.
Freeze Tag, Inc. is a leading creator of mobile location-based games for consumers and businesses. Our games include hits such as Munzee, a social platform with over 5 million locations worldwide and hundreds of thousands of players that blends gamification and geolocation into an experience that rewards players for going places in the physical world, Garfield Go, a Pokemon Go style augmented reality game based on the iconic cat Garfield, WallaBee, an addictive collecting game with over 2,000 beautifully drawn digital cards, as well as many social mobile games that provide endless hours of family-friendly fun. We also offer our gaming technology and services to businesses that want to leverage mobile gaming in their marketing and branding programs. For example, our Eventzee solution allows businesses to create private scavenger hunts in physical places such as malls, tradeshows, company events or campuses to create immersive brand experiences.
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Perhaps it could have been worded better, but they linked to the Freeze Tag site, which features recent PRs about the merger. IMO, the PR about the merger officially closing has to come from Freeze Tag, so Munzee has to word things carefully.
Munzee also pointed this out: "AlternaMyths are Mythological Munzees deployed on behalf of members of Team Munzee exclusively."
So why did they announce that AlternaMyths are now also deployed for the Freeze Tag folks?
Because they (Freeze Tag/Munzee) are all one team.
GLTA :)
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Munzee posted about another update to their game and gave Freeze Tag a shout out: https://www.munzeeblog.com/introducing-the-gnome-leprechaun/
They included a link to the Freeze Tag website, where all the PRs can be seen. Remember, Munzee is a profitable company with millions of dollars in revenue. This merger with Munzee is fantastic for everyone involved and we will see a PR about it soon.
GLTA :)
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There have been a whole lot of updates to Garfield GO. IMO, when Freeze Tag feels Garfield GO is ready, it will launch in many more countries and be promoted heavily.
With this merger, we also have to acknowledge the Munzee game, the millions of dollars in revenue that are already coming in, the potential to promote Munzee to many more people, and the launching of new AR games.
Before the RS, we were trading between 0007-0011 for a long time; and since the RS we’ve traded between 06-12, which is not much different, proportionally speaking.
There will be news about the merger with Munzee later today or tomorrow IMO.
Also, based on the last 8-K, and the trading activity we’ve seen; we are either done or almost done with the notes:
"On October 6, 2017, we received a notice from a non-affiliate holder of one of the last remaining convertible promissory note to issue 567,500 shares of our common stock pursuant to the holder notifying us of their election to convert $11,350 of principal due under the promissory note into the shares. The shares were issued on October 10, 2017.”
The news is coming and the PPS will go much higher.
GLTA :)
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Smart move. News about the merger with Munzee is coming later today or tomorrow IMO. Great time to buy.
GLTA :)
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Merger news is coming!! We'll see it later today or tomorrow morning IMO. Remember that Munzee is a profitable company with millions of dollars in revenue; and Freeze Tag is the only company that has a worldwide AR agreement with PAWS (Garfield).
GLTA :)
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Munzee is a profitable company with millions of dollars in revenue. It was posted in the 8-k at the end of July (see quote and link below). This fact alone outweighs any negative speculations. The merger with Munzee that's expected to happen by the end of the day tomorrow, is a much bigger deal than some realize. The fact that Freeze Tag is the only company that has a worldwide AR agreement with PAWS is also quite impressive (https://garfield.com/news/paws-incorporated-announces-new-garfield-licensing-agreements). IMO, a much higher PPS is coming.
Mwahahahaaaaaheheheeeeee!!! I’m excited about the merger with Munzee :)
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I love how they keep adding more to the game! I'm guessing that they will launch Garfield Go in many more countries after the merger this week. Also, Munzee has almost 333,000 players worldwide: https://statzee.munzee.com
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I'm in!
GLTA :)
P.S. In case anyone missed it; Munzee is a profitable company with millions of dollars in revenue!!!
The merger is coming!!!
The merger with Munzee is happening; do your own DD. Munzee is a profitable company with millions of dollars in revenue and Freeze Tag is the only company that has a worldwide AR licensing agreement with Paws Inc: https://garfield.com/news/paws-incorporated-announces-new-garfield-licensing-agreements
GLTA :)
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It's the calm before the run. ICYMI: Freeze Tag is merging with Munzee (a profitable company with millions of dollars in revenue) in about a week
It's the calm before the run. The Merger with Munzee is expected to happen in about a week!!
$FRZT $FRZTD It's the calm before the run. The Merger with Munzee is expected to happen in about a week!! #News #otc #AR #stocks #Invest pic.twitter.com/SV1Qz4qQ9y
— Champion79 (@WinnerInStocks) October 11, 2017
Why would anyone completely ignore the fact that Freeze Tag is merging with a profitable company that has millions of dollars in revenue?
That's just silly :)
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Munzee is a profitable company with millions of dollars in revenue. They have over 332,000 players worldwide: https://statzee.munzee.com
It would be intellectually dishonest to downplay or ignore the merger with Munzee.
Agreed!
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"The Freeze Tag CEO indicated that more news will be coming shortly as the merger transaction is finalized, product roadmaps are reviewed and future plans are solidified for the newly combined company."
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Have you contacted their customer service? A bunch of buys just appeared, so maybe it's just Capitalone's platform that hasn't fully updated yet:?
Between the merger with Munzee, new AR games, the worldwide AR agreement with PAWS, the expansion of Garfield GO into many more countries, and a possible sponsorship from 7-11; I think the PPS you're visualizing is quite possible. It's definitely going much higher than it is now.
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Munzee is a profitable company with millions of dollars in revenue, and Freeze Tag is the only company that has a worldwide AR licensing agreement with PAWS:
https://garfield.com/news/paws-incorporated-announces-new-garfield-licensing-agreements
Those are just a couple reasons why we'rre excited about the merger!
Nice ask slapping.
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The leaders of Freeze Tag have a successful track record of building and selling businesses. Freeze Tag is merging with Munzee, a profitable company with millions of dollars in revenue, and both companies have proprietary tech. Together, they're about to become a Location-Based AR Gaming Powerhouse. It would not surprise me if someone buys Freeze Tag after the merger.
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The Merger with Munzee is happening soon!
And Freeze Tag is the only company that has a worldwide AR agreement with PAWS!
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Impressive!!
Thanks for sharing this, Chunky-G: http://sales.garfield.com/Garfield_Now/major_markets.pdf
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Munzee is a profitable company with millions of dollars in revenue.
This is up 8% since the RS... those who held through the RS will keep holding. We are excited about the merger with Munzee; a profitable company with millions of dollars in revenue.
GLTA :)
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That’s ok, we all forget things sometimes. Here is my post about it on 8/2: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133501330 ...you actually responded to it.
Here is the 8-K that revealed this info:
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12199153
$FRZTD is up 8% since the RS. Those of us who held through the RS will keep holding because we are excited about the merger with Munzee (a profitable company with millions of dollars in revenue).
GLTA :)
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Munzee is a profitable company with millions of dollars in revenue (this info was revealed in one of the recent 8-Ks).
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Can you buy $FRZTD? I can't buy $FRZT, but I can buy $FRZTD.
I held through the RS and will buy more. Most of us who held through the RS are excited about the merger with Munzee and will continue to buy more.
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Actually, people can still buy and sell shares of $FRZTD. Those of us who were holding shares prior to the split are not able to sell those shares until our trading platforms have been updated (ETRADE said it would take 1-2 business days). It's also worth noting that if people were willing to hold their shares through the RS, they are unlikely to sell them anytime soon, especially with the merger and other news coming soon.
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Indeed!! The merger with Munzee (a profitable company with millions of dollars in revenue) is a big deal...
NEWS! - CEO Update on Corporate Actions:
The merger with Munzee is happeningl!! The plan was for the RS to take place and then the merger to close within a few days after that. We all know the PPS will go much higher after the trading platforms have been updated and the PR about the merger is released. Munzee is a profitable company with millions of dollars in revenue. It's silly to talk about this without properly acknowledging Munzee and the AR powerhouse that's emerging through this merger. It’s also silly to make assumptions about the leaders of Freeze Tag without doing DD and seeing they have a successful history of building and selling businesses. GLTA! :)
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Once the trading platforms are updated and there is a PR about the merger with Munzee (a profitable company with millions of dollars in revenue), the PPS will go much higher.
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It can take 1-2 business days to be updated
Big PR after all the trading platforms are updated?
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