Cybernetik Technologies’ (OTCMKTS:HPIL) division World Gaming Group on July 22, 2021 announced launching of its unique tournament platform which would be accessible to millions of gamers globally.
The company’s CEO, Stephen Brown said that it is a novel gamers platform offering multiple level tournaments and also giving cash prizes as well as “GAMEZCASH” TOKENS”. Brown and some investors are also developing a big share buy back that will be announced on August 30, 2021 and may close by September 17, 2021.
Medusa Intelligence, a part of Cybernetic Technologies Ltd, on July 22, 2021 announced launch of Meta Data Analytics, a tracking program that would be harnessing algorithms as well as its own programs first in the entertainment industry and then to expand in other areas as well.
On the announcement, Brown said that the company hopes to change how the human thought process and the internet can transform purchasing decisions. The company has also planned a call with its sharholders on August 6, 2021
“We are so excited about the Medusa (AI/Artificial Intelligence) “Meta Data Analytics” project that we hope to change how the internet and the human thought process could change its purchasing decisions”, said Stephen Brown.”
Market Reaction:
On Friday, HPIL stock fell 8.33% at $0.0044 with more than 586.59 million shares, compared to its average volume of 401.73 million shares. The stock had moved within a range of $0.0043 – 0.0050 after opening the trade at $0.0047. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0119.
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