WORLDFLIX INC (OTCMKTS:WRFX) Is Today's Tech Stock Focus

In our last article about WORLDFLIX INC (OTCMKTS:WRFX), we noted that the company was making big moves that could capture the attention of other software companies.Additionally, we believed that the filing of patents for the encryption protocol Parano and the Post-quantum resistant ratcheting cryptographic protocol was not fully priced by the market.Furthermore, we celebrated the recent corporate decisions to combat shareholder dilution.To sum up, we said that the company should be followed closely. Bearing in mind recent developments, we are convinced that we were not wrong in saying so.When our research was released, the share price was $0.008. Right now, it is $0.013. But, the most significant is not this increase in share price.The volume picked up as well. As it happened in September, more than 100 million shares changed hands some days. In our opinion, this means that the company has captured the market's attention again.Have a look at the share price reaction before we explain what's going on: 2 month chart for WRFX 1 month chart for WRFXLet's provide some framework for those who are getting to know the company in this article. WRFX operates in the the technology and entertainment sphere. It owns several divisions: Company Logo

• WorldFlix Entertainment Management: it is a global enterprise managing film artists globally, from the United States, Canada, India, and Europe. This division tries to create connections between Hollywood and technological startups.

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• Paranotek: it is a partnership with a Finnish startup company. It provides data storage, sharing and instant messaging to various software suites that are all based on their disruptive security technology.
• App Farm: it is a company that invests in profitable mobile apps of all kinds. The company notes that it is a multi-billion dollar industry growing at an incredible rate. We fully agree with the idea.

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• Swantry: it is a mobile application intended to create a safe online environment for children. Additionally, it is said that it is not hampering children's social life.
• Drobbits: it is browser based game creator requiring no coding skills. Users need only to drag and drop elements and commands to build new games.

Recent DevelopmentsOn September 28, 2017, the company highlighted Paranotek's launch of Swanlock for Android. This new app makes possible to set time-outs for a child's smartphone with customizable timers.The rationale for the new app is the following. Nowadays, on the Internet, there are so much engaging contents that children can become addicted to smartphones. The new app is intended to "build a healthy balance between their smartphone use and the more important things in life, such as family time, housework, homework, and bedtime."We believe that the idea is brilliant and also the market for the app will be huge.How does it work?First of all, a parent needs to set up the parent device after the Swanlock is correctly installed in the smartphone. Additionally, the child needs to install the app in another smartphone as well. Then, the parent needs to click on "Add new child device" from the parent device and create a name and emergency contact. The child can call anytime to this contact if the device is locked. Furthermore, a PIN-code will also be created to unlock the child smartphone. Finally, it is necessary to scan the QR code from the child's smartphone.The market celebrated the new innovation, as the amount of shares that changed hands increased after the news release. Every time new apps are released, the volume increases, so we researched a little more about Swanlock.Is the company preparing new features?Yes. In the same press release, we could read that there are new upcoming features. Have a look:

"Snapping a photo or attaching an image with the lock message; keeping track of a child's smartphone usage with device use counters; setting a limit for the child device usage time that locks the device when the limit is reached and full Parano protocol integration" Source

This information is relevant for the following reason. If the company releases new features, the share price or the volume could pick up again. This is an opportunity, so we will need to be alert.Regarding pricing, users can opt for a free plan; ad-free premium subscription for $0.99 monthly, or $9.99 yearly; or ad-free premium Plus subscription for $1.99 monthly or $19.99 yearly.On October 24, 2017, the company announced that international cybersecurity expert, Mick Davis, had been elected to be the new CEO of Paranotek. We appreciate the announcement, as we believe that his profile is interesting.He is "a highly respected senior veteran of the cybersecurity industry with a background in both commercial and military software and security." He has been Chief of Asymmetric Engagements at Celsus Advisory Group, and Senior Security Researcher at Cyber Fidelis, Inc. Additionally, he has also been Director to the Board of the American Cable Television Association. New CEO of ParanotekWe have selected the following words of the new CEO, wherein he highlighted the size of the market of Paranotek's potential:

"The Quantum Cryptology Market is forecast to reach over US$2 Billion by 2024. Paranotek’s security solution will work with any existing database software and is completely scalable, making it easy to integrate and fulfill any size commercial or government need.” Source

After this announcement, the volume and the share price picked up, which shows that market participants are really interested in this name.ConclusionCurrently trading with a market cap of $0.28 million, WRFX is an exciting story among small caps. With $0.01 million in total assets and $0.6 in total liabilities, we believe that the company will need to raise capital soon to finance the new acquisitions. But, we see no problem there, as the market seems to be appreciating the new technologies developed.To sum up, we continue to see market participants following this name and profiting from the recent market moves. We believe that this tendency could continue, thus follow the news as it hits the tape.Be sure to check out our coverage on WRFX!We will be updating our subscribers as soon as we know more. For the latest updates on WRFX, sign up below!Image courtesy of Anat Sifri via FlickrDisclosure: We have no position in WRFX and have not been compensated for this article.