Oculus Inc. (OTC: OVTZ)

Oculus Inc. is a Canadian based development stage technology company focused on cyber security, data privacy, and data protection solutions for enterprise business customers.

The company is headquartered in Vancouver, British Columbia and was founded by image processing experts.

Its mission is to innovate viable software tools that enable intelligent automated solutions for public cloud customer services and needs specific to data privacy and data protection for individuals, organizations, and their customers worldwide.

Oculus Inc. offers a Forget Me Yes SaaS platform that addresses the right to be forgotten and right of erase requirements of GDPR, CCPA, LGPD, and other privacy regulations.

It also provides a ComplyScan compliance validation tool designed for cloud native data governance and a Cloud DPS solution that uses digital watermarking to protect documents from modification or forgery.

Historically the company applied its digital watermarking technology to streaming video distribution, video on demand systems, and source to destination digital media delivery to transmit live or recorded digitized and compressed video via internet intranet satellite or wireless links.

In June 2020 Oculus Inc. acquired OCL Technologies Inc a data privacy software development startup based in San Diego California which later changed its name to ComplyTrust Inc and became a wholly owned subsidiary.

On January 16 2025 the parent company changed its name from Oculus VisionTech Inc to Oculus Inc to reflect its renewed focus on data privacy and data protection solutions.

Oculus Inc. currently does not generate revenue as it remains in the development stage.

The company intends to monetize its Forget Me Yes SaaS platform, its ComplyScan compliance validation tool, and its Cloud DPS solution through subscription fees and licensing agreements.

The Forget Me Yes platform is offered as a software as a service that provides continuous right to be forgotten and right of erase compliance by using policy driven re query services and zero knowledge encryption to keep data inaccessible to unauthorized parties.

It also enables customers to connect the service to various Database as a Service providers such as MySQL, NoSQL, and SQL databases for both structured and unstructured data and to license API microservices for integration with third party application partners, software providers, and potential OEMs.

The ComplyScan tool helps enterprises automate cloud compliance reporting across accounts, regions, and services based on user definable metrics and provides a single pane of glass view for data governance.

The Cloud DPS solution applies imperceptible watermarks to text documents, photos, blueprints, and other digital files to detect any modification or attempted forgery and ensure document integrity.

Business objectives include obtaining copyright patent and license protection for new technology developed in research and development, demonstrating proof of concept for Forget Me Yes with selected commercial projects, adding connectors for Database as a Service providers, and licensing FMY API microservices for third party integration.

Another objective is to demonstrate ComplyTrust SaaS Suite proof of concept as an Amazon Web Services tool to help AWS customers manage data protection and compliance in an automated cloud native fashion, later to add custom data governance features, and integrate with third party software providers for a single pane of glass solution.

The company also seeks industry recognition for the architectural and business differentiators of its Forget Me Yes, ComplyScan, and Cloud DPS products and aims to generate recurring sales and support revenue streams.

Research and development expenses decreased to $736 for the nine months ended September 30 2025 compared with $6,186 for the same period in the prior year.

Selling general and administrative expenses rose to $202,104 for the nine months ended September 30 2025 up from $144,835 for the comparable period.

Net loss for the nine months ended September 30 2025 was $247,751 versus $231,930 in the prior year.

At September 30 2025 the company held $15,229 in cash an increase from $11,718 at December 31 2024.

Working capital deficiency was $667,236 and accumulated deficit was $48,961,757.

Management estimates that $3 million to $5 million in additional financing will be required to sustain operations for fiscal 2025 and plans to raise funds through sales of equity securities.

Oculus Inc. operates in a competitive market that includes large established cyber security firms and numerous specialized data privacy vendors.

Its competitive advantage lies in the proprietary digital watermarking technology originally developed for video content and adapted to document protection and in the Forget Me Yes zero knowledge architecture that guarantees data remains inaccessible even to the service provider.

By focusing on specific regulatory requirements such as GDPR, CCPA, LGPD, and offering SaaS based solutions that can be integrated with third party applications Oculus Inc. aims to differentiate itself from broader security suites.

The company also emphasizes ease of integration through APIs and microservices, which allows customers to adopt its tools without overhauling existing infrastructure.

Oculus Inc. intends to serve enterprise organizations that act as data controllers or processors under privacy laws such as GDPR, CCPA, LGPD, and similar regulations.

Target customers also include public cloud users who need tools to manage data governance and demonstrate compliance with regional privacy statutes.

Although the company has not yet disclosed specific client names, its marketing efforts are directed toward multinational corporations, financial institutions, healthcare providers, and technology firms that handle large volumes of personal data.