Nexoptic Technology Corp V.NXO

Updated facts

[BarstoolSage]

The financing was necessary to survive and has been announced but not yet closed.

The financing is dilutive with significant added share count and low priced warrants

There have been no announced NXO revenue contracts beyond the Pristine Surgical deal which if Pristine begins to earn revenues 4Q/2022 means NXO gets cash in say mid 23 if any is owed

The Selten deal does not appear to have closed

ALL ELSE IS NOISE

[Damn1212]

@ Bartool The pristine deal is no longer mentioned anywhere in the last MD&A documents released by the company. I think the deal with pristine is no longer existing. If it was , it would be in the MD&A docs as it has been for the last quarters. Your opinion on the subject ?

[BarstoolSage]

Would loss of a contract not be a reportable event? 

[Damn1212]

@barstool At this point we are both in the dark. 1 thing is for sure Qualcomm Arm Nvidia NTEK All are mentioned in MD&A Pristine isnt ... it was always mentioned before. It isnt anymore. We could ask IR but they havnt answered us in 8 months

[ratsnake220]

Barstool...you know the nxo model...promise sales on the record and then never walk back the failure to deliver.....They simply have nothing?

[BarstoolSage]

Well they definitely rely on we are in advanced discussions with\about and yup, nothing substantial delivered to date Darndude thinks Pristine is gone. Cites the fact they have not been mentioned in any MD&A lately. Seltens is definitely still waiting monetization.  I've said mission critical applications which seems to be SK.  But no chaching and it has been years of promises