Nexoptic Technology Corp V.NXO

Suntrader. If I might share my thoughts on your statement...

[AUborealis]

"3db used a loophole to use private sales to have a proxy seller sell off the shares over the past year in what was in my mind a determined effort to drive down the share price during a period where the company was advancing the technology that is ALIIS."

The Shareholder Agreement stipulated that any share sales 'over and above 10% of the previous day's trading Volume' had to be 'Board Approved'.

And that "no buyer of said shares could accumulate more than 2% of the shares".

I interpreted that the sales of the large blocks of shares, in the 500,000 to 1,000,000 tranches that transpired over the recent past, were to a host of unrelated parties that were introduced to the Board and Approved...meaning that the shares were strategically placed, with accredited investors, by Management...including Paul.

It's possible that the Market Maker was exempt of the 2% cutoff, but only after they had shown proof that the 'initial block' of shares taken down were subsequently vended in the Open Market, and thus widely distributed, to either previously existing shareholders who maintain a positive stance regarding the company's ultimate success, or to new shareholders, who most likely came to see this unusual situation, with the removal of a Control Position, as a once in Company's life opportunity for themselves. (all things considered).

Damn1212, by his own admission on this Board, did exactly that, took advantage of the 3Db liquidation, and increased his position at a price level in and around the $0.36 mark, which co-incides with the price fixed of the 8 million 3Db shares held by Computershare and reserved for issuance as incentives.

His timing was a bit off at picking the low...a classic case of 'premature accumulation'.
Ultimately I expect him to become our biggest BoardPumper in the days, weeks, months to come.
(aka developbc, Uncleron, BCONTVentures on the PYR forum)

So suffice to say I don't think there existed a loophole, per se, that caused a sag in the stock price back to the level it was at when the Shareholder Agreement was set in place.

'Nuff said. It's all in the past now anyway.

Recent volume would indicate that there were plenty of patient Buyers that had concluded that this price level may be revisited, barring a blockbuster NR that would change the whole dynamic, and their patience has proven correct.

I was waiting for the 3Db liquidation to drop below the 10% Reporting Limit for Insiders.
That event removed the daily filings on SEDI that is a deterrent to average retail investors, but more importantly, it is a deterrent for any other entity that may want to approach the Company with a potential mega deal.

This weeks NR may likely prove to be the 'spur in the ribs' for those that have been watching this theatre from the sidelines. Small and Large investors alike.

I'm leaning towards more sophisticated holders as in Mutual, Funds, family offices and a wider array of 'Accredited' investors that will be twigged to the situation.

However, it may also result in the 'Lock it in' command to those 'other' entities that RG has likely been in discussions with over the period.

A Chairman's role is more than pumping out videos...it's about the 'Art of the Deal'...i's dotted...t's crossed.

And 'soon' to me means 'soon enough'

[Damn1212]

Boralis,  Yes I did buy quite a few shares at 36 ...  then more at 28  then 23  and I did buy quite a few at 18 cents :-)  If 18 becomes the Bottom ( we dont know yet) I will gladly advertised that I bought some at the bottom... LOL  And will I become a pumper for NXO ?  Yes I will , as soon as they give me something to be pumped about ! Soo far ive had

[Quatro]

Damn1212. You are a LIAR. You keep posting that you are still buying shares. Why would you buy shares in a company you say has shown you nothing? Why would you buy shares in a company that continually loses you money? Why would you buy shares in a company that you bash everyday? You a LIAR, you own nothing. You are hear everyday, because someone pays you ( very little) to bash and slander, to try

[Henryford]

FGS Damn...try and find your own bone and give it a knaw. Zip it.

[Damn1212]

@ Henry  I know right , you rather read the BS from the Facebook cult telling you that there are secret Bilion dollar contracts ... LOL  Feel free to put me on ignore  All the best Buddy 

[AUborealis]

Who really cares where and how much you bot or sold. In my experience those who talk their position are psychologically impaired.

[Suntrader]

Good points, agree to disagree in a couple of areas an fully agree it is all in the past now. Here is to the coming weeks and months. Should be fun to see the balance of this plan coming to fruition !

[Truhlik]

AUborealis:   Sorry dude, but you are wrong about the 3DB share sales contract; what Damn1212 said is actually correct. 1) You stated that "The Shareholder Agreement stipulated that any share sales 'over and above 10% of the previous day's trading Volume' had to be 'Board Approved'."   That is not true.  Check the agreement.  Private

[Damn1212]

@Truhlik  Rememeber I was the first one on this board and on other boards to tell everyone this was happening.  I warned everyone 3BD was dumping millions of shares when they first started doing it.  I was insulted , ridiculed and called very nasty names.  I was accused of spreading lies ect ect ect....  Of course , 1 year later now , we all know I was 100% right

[Truhlik]

Damn1212:  Yes, I remember.   People kept arguing these share must be going to "strong hands" or some fund trying to accumulate.  Would have been nice, but not. I also agree, it's sad that some people are not able to distuss a topic without resulting to rude personal insults: it's junior high mentality.    The funny part is, some of these guys were

[Damn1212]

Yup truHlik  They are still doing it now even !  Watch , they will say you and I are the same poster ... LOL  Thats litterally the only thing they can say to shareholders...  NXO has 100 million in losses with 0$ in REVENUE .... / RESPONSE : You are a paid Troll.... LOL  Anyways like you said , god bless em ! 

[ChGuessbetuck11]

I was specific. You have multiple aliases. You post under Mississauga, Damned1212, WED1955 and ratsnake.  I am not calling you a troll. I'm calling you a stain.  You admitted you own 2.1 million shares. That means in the last 5 months you bought 1.3 million alone.  Tell the board why instead of acting all liberal saying someone hurt your feelings. Tell the board why you

[Damn1212]

You are 100% mistaken about your belief that I am posting under all those alias  You were 100% wrong when you claimed the Bros were not dumping shares  I could care less what you call me , I can assure my feeling were not hurt by you or anyone else insulting me.  To be honest it just shows your personal  insecurities and inabilities to discuss this stock without insulting

[ChGuessbetuck11]

I continue to call you a stain because you use multiple aliases on this board. It's that simple.  I get a real smile on my face when you constantly bring up Facebook. You are really butt hurt about that :) As for the stock it sure could go lower. So tell me why you have 2.1 million shares? Why did you buy 1.3 million more in the last five months?? Well what is it??

[Damn1212]

@ CH  Again , you are 100% wrong. Your are probably in deny about the reality that more than one person has an opinion different than yours. Im not all those aliases and if you truly believe that you are probably suffering a case of psychosis.  Again you can not deflect the reality that NXO has delivered absolutely 0 sales and that they have 100 million in losses acompanied by a

[ChGuessbetuck11]

If you notice I don't share my opinion of Nxo into every post. In fact I don't think I discuss it at all on this board or with anyone.   You still avoid the question of why you bought 1.3 million shares in the last 5 months. Or why you now own 2.1 million shares   I am 100 percent correct you have multiple usernames on stockhouse.  Also I am not deflecting at all

[Damn1212]

@ CH  Sorry but you are 100% wrong , I am not all those aliases. Like a said pusychosis may be at play here as you are delusional in your thoughts and have lost touch with reality. This happens a lot in cases of psychosis with patients not living in reality and feeling persecuted or followed by complete strangers. I suggest you seek some proffessional Help before the situation gets any worse

[ChGuessbetuck11]

Oh by the way I am a shareholder and I'm not too exicited or worried. Actually quite the opposite. So please get off your soapbox because buddy you do not speak for all shareholders. I'm guessing you don't speak for many now that 40 million shares swapped hands. Most poeple don't buy a stock if they don't believe in what's going on. Or did you buy yours because you wanted

[Quatro]

ChGuessbetuck11. Don't waste your time with Dick1212. He is just a paid basher. I have been asking him for 6 months why he would buy shares in a company he thinks is a scam and bashes and slanders everyday. He has never given me an answer, just changes  the subject. And yes he has many alias. I asked him a question 1 day, and he responded under Mississauga1 by mistake, then lied again to

[AUborealis]

Thx truhilk. Sounds reasonable. I'm left wondering why those blocks didn't come loose during the 'Rich TV' volume spike last year between $0.75 and $1.50. Surely the 3rd party dumper could've shorted into that and been more active. The inability to find takers for the 'blocks' at those prices was what led me to surmise that their was more to it. C'est la guerre

[Truhlik]

AUborealis:  You are right, 3DB could have sold at much higher prices during the $1.50 spike last year.   They started doing these periodic private sale dumps just this year (around February): 1M share blocks every 2 weeks...more or less.  Some possible explanations of why they started the fire sale only this year that I can think of: 1) That’s when they discovered the loophole in

[Researcher203]

Truhlik wrote: AUborealis:   Sorry dude, but you are wrong about the 3DB share sales contract; what Damn1212 said is actually correct. Sorry Truhlik but block trades require board approval.  AUborealis is correct. From the agreement:  Section 3.1(e)(iv) (A) the Securityholder provides no less than five business days advance written notice of such Block Trade to NexOptic

[Damn1212]

@ Researcher  You bring up a great point, the board approved all those sales knowing the shares would be dumped on the market selling at any price ?  Not too smart ! 

[Truhlik]

Sorry, Researcher203, but what you wrote is incorrect.  Block trades where the buyer remains under 2% DO NOT require board approval.   I suggest you read the entire contract, not just pick out a paragraph.  Section 3.1(e)(iv) that you quoted applies to unrestricted sales of over 2%.   You need to read the prior sections, specifically Section 3.1(e)(iii) for block trades

[Damn1212]

@ Tru  So bill is saying Fidelity Shorted the stock , AND dumped millions of shares on the bid at the same time ?  I have a hard time what the point of that would be ?  The spread between the Sell of short shares and the buying of the shares to cover would just be eating away at the BROS selling price on their shares .... Hence canceling any gains.  Is he saying the Bros

[Truhlik]

Yes, Bill was saying that DBros used Fidelity to unload their shares...Fidelity was the 3rd party.  The mechanism that Fidelity chose to do this was by shorting and then doing block trades to cover.  That was Bill C.'s theory, and he had market data to back it up.  He monitored the sales carefully, so I think he knows what he is talking about, and it also makes sense. 

[Damn1212]

@ Tru  Makes sense and could very well be.  However, what I dont like is the BILL crew ( facebook cult) always have elaborate reasons why the company share price's decline is not the Company's fault. They then attack any shareholder who is tired of loosing his shirt in the debacle.  We all know the 3bd shares got dumped on the open market, nobody can deny that ( although

[ChGuessbetuck11]

Most that were invested didnt expect any news until the D brothers had been exited. In fact it was one of my few actual comments on the stock. I said I expected it could go to that 25 cent range or below to get rid of the shares.  As for you why did you accumulate another 1.3 million shares in the last 5 months? I keep asking but you keep refusing to answer.  Have you ever read

[Damn1212]

@ CH  Ok so the drop of 80% in shareprice were part of the plan LOL RIGHTTTTTTT LOL  You already know the answer to your irrelevant question....  Ive added to my position to obviously lower my average cost price.  I hope the company will finally stop dissapointing us and deliver the goods. So far they have not.  Lets see, My move could be the right one or a really

[ChGuessbetuck11]

I believe the share price and lack of material announcements were a strategy by the company so the d brothers didn't milk their self induced inheritance. I like it and am not concerned at all   As for the company it looks like they are delivering. I suspect this is why you bought 1.3 million shares in the last five months while calling shareholders and the company losers. You

[Damn1212]

For the 100th time you are wrong about the Alias story ...  And if you dont care about being in the red then thats your right, I on the other hand am pissed as xxck when I see my acount in the red as much as it is ...  And they havn't delivered anything except losses.... So get your head out of the sand and stop being delusional. 

[Truhlik]

Damn1212:  In this case I had to give credit where it was due.  I though Bill C. did a good job monitoring the 3DB trades.   I agree with you that attacking and banning anyone with negative comments is silly.   If only positive comment on the company are allowed, you get a monastic chant, not an intelligent discussion. Luckily we have an enlightened and open

[Damn1212]

@ Tru  Discussion in the open is the cornerstone of any respectable company.  Hopefully Monday Morning we get awesome News and we can put this BS behind us :-) 

[AUborealis]

Thx  for 'refresh' on the DD Researcher 203 I remember reading it when the Agreement was filed but I was a little lazy in not digging it out again, as you have so aptly done for all of us. Facts... Puts to rest any questions concerning NXO management's ability to put in place agreements that have all the bases covered. Thx RG. And thx again Researcher 203

[Truhlik]

AUborealis:  Wishful thinking is not a substitute for facts.  What you wrote is again, incorrect.    Please read Section 3.1(e)(iii) of the agreement for block trades where the buyer remains under 2% of outstanding shares.   What you and Researcher203 keep incorrectly referring to is Section 3.1(e)(iv) which applies to block trades without the 2% restriction, and is

[AUborealis]

Thx for the reparte My thinking was that Fidelity would be restricted to that 2% level also... as to (iii) A So they may have been able to use their MM to initially short the stock...and then acquire up to about 2.9MM shares in order to cover...but then any additional would put them 'over the 2%'...and they would be out of the game as no additional Board approval may be forthcoming.

[ratsnake220]

this is a easy short when it spikes on a no income related planted story.....all aboard on short side.....it simply never holds.....pretty good to camp on to when it drops 50%.....on buy side....We saw no less than 15 trades of 500 shares with people trying to keep this at .26...market maker busy

[Truhlik]

AUborealis:  No problem, thanks for discussion.      The whole Fidelity short trade mechanism for 3DB dumps was Bill C’s thinking based on his work monitoring the trades.  I can’t take credit for it.   Cheers.