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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
Post by eyenowuteyedunoon Jun 13, 2019 2:26pm
179 Views
Post# 29823374

Not sure what all the fuss is about

Not sure what all the fuss is aboutWe all all knew Nexo was down to 0$ in the coffers by now, and they needed to get money from somewhere. We all suspected something was up with the pp. We were hoping for it to be a big improvement, and it ended up not being good or bad, just different. Taking the shares and warrants into consideration we ended up with about a 10% dilution at market price.  I find it very uncommon to get financing higher than the stock price. More often than not, It's much lower. 
You never want to go to the bargaining table while in a position of weakness, and it doesn't get much worse than not having any money. We can now proceed with negotiations for A.I licensing, as well as manufacturing and distribution deals for the DT and smartphone camera lens, in a postion of strength. We've thus far retained full ownership of all technolgy, and have the funds to move forward for the rest of the year. I call that a win.
Bullboard Posts