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Nexoptic Technology Corp V.NXO

Alternate Symbol(s):  NXOPF

Technology Electronic Components
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

Nexoptic Technology Corp
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(6)
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Comment by DonRudyon Jan 20, 2020 5:45pm
185 Views
Post# 30575169

RE:Thats right, I said it...No money to speak of..

RE:Thats right, I said it...No money to speak of..
NipNapTappy wrote: The good thing is the strategic partnerships they are touting from the CES exposure. Their defict as expected is in the neighborhood of $80,000,000 cdn plus. R&D not cheap...if the product will do what they say and they find someone to fund there debt it looks like a go. But they were talking about an end of 3rd quarter 2019. That didn't happen....now they are saying they launch in the first quarter of 2020. Unless I missed something, I couldn't find out how they were financing this production. Do any of you know where the financing to lauch DT Binocs is coming from? or Do I need to do more legwork?

Best
NNT


i believe the plan for financing production is the excercising of warrants which will 30 day acceleration clause with a SP trading above .56 for 10 consecutive trading days. I can’t recall the exact amount of warrants. 

https://finance.yahoo.com/news/nexoptic-reprice-warrants-233000353.html

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