Toggle3D.ai (TGGL.CN), is a revolutionary SaaS solution harnessing the power of generative AI to convert CAD files, apply stunning 4K texturing, and seamlessly publish superior 4K 3D models. Today, Toggle3D.ai’s CEO, Evan Gappelberg purchased 15,000 shares in open market buys on August 24th and 25th 2023. The average purchase price was $0.54 USD or $0.75 CAD.
Evan Gappelberg CEO of Toggle3D.ai Comments “Toggle3D.ai went public in June and hit a high of $4.75 CAD…today however I’m now able to buy at $.45 USD or about $.61 CAD and we have more subscribers. To me, our share price is very low and not reflective of the upside potential that I see with our generative AI texturing platform, which is seeing rapid growth of its user base and early success.” He continues “I’m investing today because I see many years of strong forward growth ahead for our businesses.”
The Company has put out a plethora of news recently including Toggle3D.ai available for trading in the US on the OTCQB Venture Market under the symbol TGGLF. Toggle3D.ai also announced it has integrated with Sketchfab, the largest platform for immersive and interactive 3D content where users publish, share, discover, buy and sell 3D models, VR and AR content. The Company also announced it has released a new exclusive set of AI powered tools for pro subscribers ($29/month) that enables users to make PBR (physics based rendering) materials from just images or text prompts. A competitive differentiator for Toggle3D.ai in the industry of 3D design and texturing. This new pay to use functionality gives users a massive increase in speed, efficiency and quality when creating materials for texturing 3D.
At time of writing, the stock is up over 13.70% on this news.
The stock was held within a range but broke below support on August 22nd 2023. The stock has then been printing record lows, with the stock bouncing today. At today’s price, an investor would get in at a better price than the CEO.
Where to next? The next major support level comes in at the psychological zone of $0.50. However, to regain the bullish trend, the stock must climb back above the recently broken support level at $0.83. This would result in a false breakdown and result in the bulls taking back control.
