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Nexoptic Technology Corp V.NXO

Alternate Symbol(s):  NXOPF

NexOptic Technology Corp. is a Canada-based technology company. The Company is engaged in developing artificial intelligence (AI) and imaging products, which enhance how images are either captured, processed, experienced, transferred and/or stored. The Company's primary focus is its AI for imaging called All Light Intelligent Imaging Solutions (Aliis). Aliis is a machine-learning AI suite providing instant enhancement to images and videos in the areas of edge processing, shutter speed, resolution and sharpness, image-noise and motion-blur, and image color and detail. Aliis processes raw images and video in real time, working pixel-by-pixel to characteristics, such as resolution, lighting, sharpness and contrast. Its DoubleTake technology features both wide-angle and telephoto cameras, allowing near-instant spotting and zooming capabilities. Its NexCompress, a video compression enhancement solution, offers bandwidth and storage savings for video storage and streaming applications.


TSXV:NXO - Post by User

Bullboard Posts
Post by RedMatteron Oct 02, 2019 11:37pm
283 Views
Post# 30190454

Today's news is good for everyone, period.

Today's news is good for everyone, period.Spin the news whichever way suits your interests best; however, this decision is best for all involved, period - unless you are a shortseller.

If you bought into the 1.50 warrants, you get a much better deal, which makes up for the price you paid for the shares, and changes your outlook from emotionally distressed to enthusiastic.

If you are a current shareholder, you get to watch the company potentially get funded without your shares getting diluted!!!

If you are the company, you get money when you need it, not after you have revenues (Feb, 2020) and don't really need cash because you have profits to draw from.

So tell me how the repricing of the 1.50 is bad for anyone involved, except for the short sellers, and momentum traders who sold first and are looking for cheaper prices to buy back.

Sure, some posters have said that today's news is a statement of lack of confidence that the stock will hit 1.50 in the near future. I disagree. Regardless of the current projections of the share price in February, it is irrelivant when money this next month can make such a difference in things like the marketing plan, manufacturing scalability, distribution options, and so on.

Anyone with a small business understands that cash flow can make a huge difference on the decisions made, and on the success of any company.

NexOptic management showed wisdom when they considered all interested parties while deciding whether or not to reprice these 1.50 warrants. They have the potential to put another $3 million in the bank now, so they can do what is best for all of us. Having cash now is much better than February. Think about it, and IMHO hold your shares, don't sell - you will regret it if you let go of your shares and we gap big on real news. ALLIS is still a wildcard.
Bullboard Posts