Nexoptic Technology Corp V.NXO

L2

[rainorshine59]

[assessor1]

Thanks for posting L2, it looks like the bottom is  almost in. Nice to see the warrant overhang is almost finished as well. Onward and upward. GLTA

[stockmonster6]

yes, warrants, though necessary for small companies like this, are a pain in the investor's butt (provided they aren't involved in the warrant offering); as they mess with stock prices. These last batches at 0.36 were a downgrade from a higher level (which would have been fine it turns out).  I don't like it when companies offer warrants at very low prices - to me that indicates

[Staggers]

  I have to say I completely disagree with you on the above. Yes the .36 warrants WERE a drag on the share price to some extent but even then with the Qualcomm and Nvidia news the price rocked well north of 1.00. Now that they are almost completely redeemed there will not be the selling pressure. There are only a little over 1 mil 1.12 warrants that expire end of Sept. Remember share price

[CptJamesCook]

The company was not required to reprice the warrants. An act like this may please and benefit the investors at $1.10 level but it is very unfair to shareholders. A sign of favoritism, business ethics?

[stockmonster6]

if there is significant news, then yes. But if there is only updates, new tweaks to the tech etc... then I think we'll see the 1.12 until the warrants expire in Sep (well, it would have to go a big higher the week or so before the expiry to make it worth while).  All is really dependent on that news!  Then agreed, warrants be dam.ned.

[Suntrader]

Just a housekeeping FYI, only two thirds of the $1.12 warrants expire September 2020. Roughly 500,000 of the $1.12 warrants expire between July 2021 and jan 2022. All in all I don't feel they will have a major effect on holding the shar price back 

[PatientDawg2016]

Good thing Mngt doesn't listen to you StockMonster as you really are naive and unknwoing on these thngs. sorry to say my friend. I'm in line with Staggers opinion.   The new team worked there for almost for zero pay and cleaned up a horrible mess that they discovered to be worse month after month   thanks to their nepotisitic hires and incompetence. A couple of 

[GreenGecko]

I, for one, respect the company for re-pricing warrants.  Early investors who bankrolled this thing deserved the benefit of the doubt for their patience.  If anyone recalls, many praised management for re-pricing the warrants at the time, considering how strapped Nexoptic found itself for cash in early 2019. Pray for peace and healing for the peoples of Beirut.   Lebanon is my

[stockmonster6]

I'm not disagreeing that the management has cleaned up a huge mess. In any stock I've been in, usually Jr mining, etc... it's is BAD news when the company offers warrants at low prices; esp prices that were way below the current value.  I've seen time and time again, the stock price falls to the lower price.  I have always felt, if any of these companies truely believed

[ratsnake220]

stockmonster....remember.....the purpose of warrants and private placements with jr is to line the pockets of Board members......with no cash coming in from sales thats how they all do it

[stockmonster6]

that's what I tell my son, who is 7, and he likes 'gems' and rocks. I said, you need to get a property, open a Jr mining company (most do nothing, or don't ever find anything or produce), offer warrants and get rich from not doing much!  Just convince people you may find something LOL. There are a few Jr miners I have on my watch list from 10-15 years ago (most no longer

[baseball17]

This post has been removed in accordance with Community Policy

[Underdog]

Stockmonster, Might be time to update watchlist of Jr miners.. Gold is hot these times...   VSR worth a look.  Might be sitting on a 10 million onces deposits. Maybe be enough to be in the top 10 world biggest Gold mines.  Follow Peter Grandich, he is extremely bullish on this one.. He owns several million shares and keep buying as we speak. In the meantime, waiting for NXO to

[stockmonster6]

I'll take a look at it.  NXO was one of my first non Jr Miner companies.  Made some money on some, lost on some.  My main 'like' were the old Energy Trusts pre-2008, before the government messed them up with new tax laws.  Many I held made 30-40% in dividends.   Learned way too much about mining and essays, 43-101 reports etc...

[PatientDawg2016]

Ratsnake go f### off you know nothing douche. Thankyou Rebel for givng me your words. Felt kind of envigorating to tell off a dirtbag.