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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. It is developing technologies relating to imagery and light concentration for lens and image capture systems. The Company's primary focus is its patented and patent pending AI for imaging called All Light Intelligent Imaging Solutions (Aliis). Aliis can reduce storage and streaming requirements needed for videos and images while also improving image quality in all types of environmental conditions. Aliis delivers by learning a camera profile and optimally enhancing, pixel by pixel, its quality and its resolution in a fraction of a second, using edge processing. 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
Comment by Maritimer65on Jul 23, 2018 4:09pm
173 Views
Post# 28355044

RE:RE:RE:Watch and learn, and see how the boys do their bidness

RE:RE:RE:Watch and learn, and see how the boys do their bidnessThis has happened all to often in the Vancouver and Toronto resource world.  Company works years putting together and drilling a resource, price gets hammered once it looks really promising, big guy comes in with money and takes it out.  Or joint ventures it, with terms that are unfair to the original entity.  It is about to happen to NXO investors, unfortunately.  I believe that you can take that to the bank.  A 50 million raise will dilute by about 75 million shares, plus half a warrant.  Huge money will be lost on a "prosumer product" that shouldn't even exist.  Their focus should have been exclusively on a smartphone lens.  That's it, that's all.  Nobody and their brother will want to buy yet ANOTHER damned camera.  Cameras don't sell anymore.  Smartphones sell.  And 350 billion market?  Dont' forget, that includes camping gear and all that goes with it.  They are tapping into a market that really doesn't exist.  And there is no market to create.  Because people use smartphones to take photos.  That is where the money is.  A "prosumer" product?  Nope.  They already have their cameras, and sales will be miniscule.  Mark my words, management has blown it.  Big time.  This will be one for the history books.  
Bullboard Posts