TSXV:POI.H - Post by User
Comment by
enthusiast1on Jan 29, 2016 11:56pm
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Post# 24508110
RE:RE:New competitor: ScanChat!!!
RE:RE:New competitor: ScanChat!!!
Yes, they got the deal.
"Crown accepted a joint offer from Michael Wekerle and Michele Romanow for a 22.5 per cent stake plus a 2.5 per cent option pool."
After the show they start some changes - "In weekly internal meetings, he said, one of the concerns that consistently came up was that the app only worked with magazine content. “It was a big limitation. Right after we presented, we decided to add a feature that would allow users to scan anything they see around them with their phone, and have that item, say a painting in a museum, be recognized and augmented in some way.”
Yes they are way behind Slyce. Still it is new blip at Slyce radar. You can scan, buy, augmented.
With Michael Wekerle and Michele Romanow onboard this company may play their card smarter than Slyce.