LifeLogger Technologies Corp (OTCMKTS:LOGG) Explodes Up The Charts

LifeLogger Technologies Corp (OTCMKTS:LOGG) has exploded up the charts as investors get excited about the news coming out of the company. It's safe to say the low is in on the stock and shares are now consolidating before making its next move higher. As the company continues on its bull run, there's a lot to look forward to in 2016 for LifeLogger.LifeLogger Technologies Corp has developed a Web APP software solution providing the ability to capture, store and livestream your memories. The company is device agnostic, allowing you to use your iOS or Android device, or other wearable camera and/or sensor solutions with cutting-edge technology that presents meaningful advanced search functionality, including geo-enabled location search & face detection.Setting off the explosive move higher last month was the announcement GoPro Hero3 owners can use new LifeLogger for Hero3 mobile app on Android devices. The new mobile app works with the LifeLogger’s cloud service for organizing and sharing of videos on all major social networks. Hero3 users can play videos uploaded via the app with geo-location information automatically mapping the location where the video was shot and allowing the user to explore nearby areas of interest. Furthermore, users can delete videos from Hero3 camera for efficient use of the on-camera storage, get live preview during recording taking advantage of larger display on phones, and add tags to camera during recording making it easier to find content later.LifeLogger is being smart and rolling out invitations in a controlled manner to avoid the typical outages and slow response that have marred other services in the past. Online video puts a tremendous demand upon any online service infrastructure, so the waitlist is being used as a queuing mechanism to maintain the best possible experience for LifeLogger’s customers.We applaud the GoPro move, but we're waiting on on a camera of its own. The company continues R&D with a working headset prototype currently ready for internal use and testing. Andres Espineira, LifeLogger’s Chief Marketing Officer said:

“We are very pleased that due to our strategic initiatives traffic to LifeLogger.com has quintupled in 2016 as compared to the last three months of 2015. We are only scratching the surface with our growth and already have thousands of customers on the waitlist eager to try our online service.”

In November, LifeLogger acquired all assets of Pixorial including source code, software, trade secrets, processes, ideas, know-how, improvements, discoveries, developments, designs, techniques and contract rights. LifeLogger issued 3.2 million shares of its unregistered common stock to the shareholders and certain creditors of Pixorial, which are subject to a lock-up agreement.This was another smart move by LifeLogger. Pixorial is a personal photo and video sharing platform that includes functionality to organize and discover all the media from a person’s life so they can enjoy it how they want. Pixorial is capable of delivering a universal service for collecting all the photos and videos from life experiences – media that may be scattered across a variety of services, devices, and people. With Pixorial, users can store the media that matters to them in their private cloud which they will be able to access from anywhere. Pixorial has won multiple industry awards and has over half a million subscribers worldwide.LifeLogger Technologies is an exciting name on the OTC markets. The explosive move higher last month proves that the company is indeed a microcap runner. We'll be watching the company for further developments. The company has momentum and has made progress, but it must keep delivering. Shares were pummeled for the better part of last year as the company went quiet and information was not very forthcoming. As long as the company keeps its shareholders updated, we think this trend higher can continue. We will be updating Insider Financial as soon as we know more. For continuing coverage on LOGG and our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!Disclosure: We have no position in LOGG and have not been compensated for this article.