SAN DIEGO, CA and POINT ROBERTS WA–(Marketwired – November 30, 2016) – Investorideas.com, a global news source covering tech stocks interviews management of Gopher Protocol Inc. (OTCQB: GOPH) to gain insight on the rollout of the company’s leading edge tracking technology under development and how they are funding its future.
Mr. Michael D. Murray Chairman, CEO and President discusses recent developments, news and the planned funding, while Danny Rittman, CTO of Gopher Protocol Inc. explains the technology platform and portfolio.
Interview
Q: Investorideas.com
For investors that are hearing about your Company for the first time can you give a brief summary of the technology platform and the list of current products in development based on the technology?
A: Mr. Michael D. Murray Chairman, CEO and President
I can talk all day about it…Gopher Protocol Inc. is a development-stage company developing a real-time, heuristic-based mobile technology. Upon full development, the technology will consist of a smart microchip, mobile application and supporting software that will run on a server. The system contemplates the creation of a global network; we name it GopherInsight™.
While we are currently developing the hardware, software and a variety of products you can find a full description of our products in our our last 10-Q filing under Item 2. In short, on the software side we have developed and are continuing to develop: PUZPIX, GuardianPack as operating products, Epsilon EDA (Reliability-Aware Design Environment software), Sigma (System and method for Automatic Generation of Integrated Circuits Layout IP Blocks). On the hardware/software products we developing the Sphere (pre-launching) and the GuardianPatch.
Q: Investorideas.com
Michael, your company is currently raising capital in a PPM for accredited investors for commercialization, marketing and product rollout. Can you talk about the specific products you are allocating the funds to proportionately?
A: Mr. Michael D. Murray Chairman, CEO and President
As the filing disclose — Under Use of Proceeds: “The net proceeds of the Offering are expected to be used to implement its business plan and for other general working capital purposes but will NOT be used under ANY circumstances to pay off EXISTING debt or any pending payable balance, other than payable that been accrued from the date of this offering and forward.”
Our first campaign will be the commercialization, marketing and releasing the Sphere. The Guardian Sphere (the “Sphere”) system is a derivative technology of the Company’s Guardian Patch technology. The Sphere is both hardware and software designed to provide its users with local tracking capability using a re-chargeable/replaceable battery source.
Q: Investorideas.com
Can you discuss the terms of the placement and explain how accredited investors can subscribe if interested and also where investors can get more details on the opportunity and also the associated risk?
A: Mr. Michael D. Murray Chairman, CEO and President
We are conducting a private offering under Rule 506(c) which allows for general solicitation. However, we will only be selling to accredited investors. The PPM includes a questionnaire to the investor which simply walks the investor through the relevant laws. The Company, as of this time, has not engaged any broker dealer or any third party for soliciting or distribution. We will create a landing page and website with the various packages that will be available to all, which we will announce. Any accredited investor may directly approach the Company.
Q: Investorideas.com
Danny as the CTO can you explain what differentiates your product line currently under development from existing technology in the marketplace?
A: Danny Rittman, CTO of Gopher Protocol Inc.
Most products rely on GPS technology and need a carrier to transmit signals. Our technology uses GPS if it is available, but it does not rely solely on GPS. When GPS is not available, our propitiatory GopherInsight™ technology “kicks in” and tracks or locates objects without GPS. Our GEOposition system calculates the object’s geographical location and transmits the signal through its own private, secured network, via its proprietary protocol. In a way, one can say that GopherInsight™ mobile technology allows to “retire” the needs of a conventional carrier.
Q: Investorideas.com
Danny can you give us a short update on the status of the development of the product pipeline in terms of recent testing ?
A: Danny Rittman, CTO of Gopher Protocol Inc.
Presently we are testing the Guardian Sphere prototype in urban areas, mostly Los Angeles. We issued, via Guardian Patch, LLC, a Statement of Work for the development of the Guardian Sphere and its Base System — Proto Sample — prior to mass production. From here we are going for mass production of our Guardian Sphere system.
Q: Investorideas.com
Danny can you let investors and consumers know where they can download apps and what is available to view and participate in currently so they can have first-hand understanding of the technology ?
A: Danny Rittman, CTO of Gopher Protocol Inc.
PUZPIX, GuardianPatch and GuardianPack are available to all, for free on both Apple store and Google Play.
About Guardian Patch http://www.guardianpatch.com/
The Guardian Patch (the “Patch”), potentially arriving in consumer markets in 2017, is a unique location technology that works with or without GPS. The Patch is a “stick-on” device that provides its users with the capability to protect and track objects, loved-ones or even pets, through a mobile application. Download the Patch app, register your patch, and track anything that you own on your mobile device or on our designated website. Register the Patches of your family members and friends to receive alerts in the event of an emergency. Peel the Patch off and the Patch acts as a beacon, sending out a signal and notifying anyone who has registered the user’s Patch.
About Gopher Protocol Inc. http://gopherprotocol.com
Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher” and the “Company”) (http://gopherprotocol.com) is a development-stage company developing a real-time, heuristic-based mobile technology. Upon development, the technology will consist of a smart microchip, mobile application software and supporting software that will run on a server. The system contemplates the creation of a global network. Gopher believes this will be the first system that is developed using a human, heuristic-based analysis engine. Since the core of the system will be its advanced microchip technology that will be capable of being installed in any mobile device worldwide, Gopher expects that this will result in an internal, private network between all mobile devices utilizing the microchip by providing mobile technology for computing power enhancement, advanced mobile database management/sharing and other additional mobile features.
Corporate Site: http://gopherprotocol.com
Press page/ press kit – http://gopherprotocol.com/?page_id=228
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/
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