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DatChat, Inc. (Nasdaq: DATS) announced an update on its $2 million share repurchase program initiated on January 6, 2023. As of February 28, 2023, the company has successfully repurchased 370,757 shares at an average price of $0.6593 each. The program will continue, allowing for additional repurchases in alignment with market conditions and regulatory compliance. This initiative aims to enhance shareholder value by reducing the number of outstanding shares. DatChat specializes in privacy technology for social media and messaging, aiming to secure user information even after sharing.
DatChat, Inc. (Nasdaq: DATS) has appointed Christopher Berrios as Vice President of Communications for its social media platform and the upcoming Habytat metaverse. Berrios, founder of the popular WallStreetBets Facebook group with over 500,000 members, brings extensive experience in social media growth and marketing. His expertise is expected to enhance DatChat's communication strategies ahead of the Habytat launch slated for March. DatChat focuses on privacy protection through its messaging services and is positioned in the metaverse space, potentially attracting new users and investors.
DatChat, Inc. (Nasdaq: DATS) has launched its new encrypted live video chat application, part of the DatChat Messenger, designed to prevent screenshots and screen captures. This feature enhances user privacy and security, available for free on both iOS and Android platforms. CEO Darin Myman emphasized that this innovation differentiates DatChat from less secure applications and will support their upcoming Virtual Reality communication platform for the Habytat metaverse, set to launch in March. The company focuses on protecting user information during and after exchanges, offering unique messaging control capabilities.
DatChat, Inc. (Nasdaq: DATS) has authorized a Stock Repurchase Plan allowing for the buyback of up to $2,000,000 of its common stock. The Board believes this is an attractive use of capital given current market prices. EF Hutton will serve as the broker for this initiative. The execution of the repurchase will be influenced by market conditions and regulatory limitations, potentially enhancing shareholder value through improved stock performance.
DatChat, Inc. (Nasdaq: DATS) will present at the Ladenburg Thalmann Virtual Technology Expo on December 7, 2022, at 4:00 PM ET. CEO Darin Myman will lead the presentation.
Investors can register to view the event and request 1x1 meetings on the event's website. The Expo will showcase around 50 companies focusing on various tech sectors like cybersecurity, e-commerce, and fintech. It aims to connect presenting companies with a select institutional investor audience, following the success of the previous year's event with over 1,100 registrants.
DatChat, Inc. announced the appointment of Mark Mathis as Chief Technology Officer of its subsidiary, SmarterVerse, Inc.. Mathis brings over 30 years of experience in technology and blockchain, previously working with Origin Protocol and as a full-stack developer. Renee J. Palacio transitions to Chief Information Officer. DatChat's Habytat project will launch Geniuz City in November, an immersive metaverse experience based on Miami, allowing users to customize properties and earn rewards. The company continues to enhance its metaverse offerings while bolstering its leadership team.
DatChat, Inc. has announced the retention of Pace Public Relations to enhance publicity for its subsidiary, SmarterVerse, Inc., ahead of the November launch of its metaverse platform, Habytat. The agency aims to maximize media exposure and tailor its PR campaign to meet specific goals. Geniuz City, a key project within Habytat, promises a near photo-realistic virtual environment based on Miami, allowing users to customize their virtual homes and earn rewards through interactions. This initiative is positioned to transform user experiences in the metaverse.
DatChat, Inc. (Nasdaq: DATS) has announced that its new metaverse project, Geniuz City, will be modeled after Miami. Pre-registration is now open for the initial 500,000 land grant recipients, who will receive NFT deeds upon active participation. This metaverse aims to grow and evolve based on user interaction and will utilize an advertising-based revenue model. The company emphasizes realism and user-friendly tools in this initiative. CEO Darin Myman encourages potential users to explore more through a newly released video presentation.
DatChat, a secure messaging and metaverse company, announced a new initiative called the 'Metaverse Homestead Act' for its Habytat metaverse. The company will offer land parcels as incentives for active participation, with ownership granted upon achieving certain participation levels. The Habytat will employ an advertising-based revenue model, and pre-registration is now open for its first world, Geniuz City. The initiative aims to foster widespread metaverse adoption, with a scheduled launch for phase one on November 28.
DatChat, Inc. (DATS) announced plans to launch Phase 1 of its metaverse project, Geniuz City, within The Habytat. This event will take place during the DCENTRAL Miami conference from November 28-30, 2022, allowing attendees to interact with and secure virtual property. The project leverages Dynamic Content NFTs and micro blockchain technology, developed through a joint venture with MetaBizz. As a silver sponsor, DatChat will feature keynote opportunities and video promotion. The Habytat aims to enhance social networking and commercial interactions in the metaverse.
