Why Pocket Games Inc (OTCMKTS:PKGM) Stock Rose 60%

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Pocket Games Inc (OTCMKTS:PKGM) shares are up 60% to $0.00040 and unchanged in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.00. The company has a market cap of $429,820.00 at 107.67 million shares outstanding.

Pocket Games Inc is a company that is engaged in the development and distribution of mobile sports games. It holds interests in Idol Hands, a personal computer (PC) game. The company’s subsidiary, GodSpeed Games, Ltd., provides quality assurance and testing services across various platforms. It develops games and provides end-to-end services for software and application development.

Pocket Games Inc announced that development of its title Idol Hands will start to go down the Virtual Reality route. It also shared that work on making the engine VR capable will begin later this year.

“Idol Hands lends itself to VR Gameplay naturally and, in fact, has a history of VR with the special camera it was developed for originally the Creative Labs cameras and the Intel Senz3D chip that recognized movements. This meant the user did not need to make use of the keyboard, but in fact the camera recognised the users hand movements. The opportunities to explore how we can take this further are exciting not just from a game play point of view, but because the market in VR is set to explode over the coming months and year,” said Pocket Games Inc CEO David Lovatt.

Idol Hands is a God Strategy Game whereby the player takes the role of a God and gradually takes over a land, populates it with his people and builds farms, temples, workshops, garrisons and houses. It is set in a fantastical tropical island world where the player has God-like powers over volcanoes, earthquakes and meteors as well as having the responsibility to make sure his people, the Furlings, grow and prosper when faced with evil Gods from other worlds.

Prior to this, Pocket Games Inc announced that it was relaunching its Kicksend Photo Printing App, but this has been delayed while the company waits for Facebook  to clear the backlog of reviews they have which was caused by a system malfunction. This glitch caused significantly more than the usual amount of reviews to be thrown into the system leaving a huge delay.