The stock price of EP Global Communications, Inc. (OTCMKTS:EPGL) has jumped more than 100% in last one month. The gains can be widely attributed to the company’s patent pending product known as ‘Smart Case.’ It is a high tech device to store the future electronic contact lenses. The future of product has prompted many investment firms and venture capital firms to approach the company even when it is not seeking for same.
Forbes Magazine highlighted the significance of the new industry as it stated that forget about the Apple Smart watch. The market is about to enter into the higher level of high tech innovation, “connecting with yourself.” The industry of augmented vision is projected to become a multi-billion dollar industry in the future. This covers improved vision correction as well as the market for visual data like text, video, email, and virtual reality anticipated into the eyes. The smart contact lenses are expected to be the important part of this technology.
EP Global reported that it had invented a unique technology named as ‘The Smart Case.’ It takes prevailing contact lens case and transforms it into a computerized data transfer mode, analytical medium and charging medium, all while when people sleep at night. It will be people’s contact lens’ ‘Mothership.’
Since last three years, EP Global Communications, Inc. (OTCMKTS:EPGL) has been working on key pioneering know-how that integrates electronics into soft contact lenses. The company now has numerous patents pending. Michael Hayes, the President, said that the smart phone future literally lies in people’s scope of vision. The entities who don’t believe in the technology are going to lag behind as some companies found themselves left out during the smart phone revolution. It is the right time to become a part of upcoming revolution in the industry of augmented vision.
In last trading session, the stock price of EP Global declined more than 21% to close the trading session at $0.0625. The decline came at a share volume of 3.89 million compared to monthly average share volume of 967,294.