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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 Suntraderon Jun 08, 2020 10:25pm
323 Views
Post# 31127119

Warrants

Warrants

If this keeps up and the stock trades for ten days over .45 cents then the company can force the exercise of the 7.5 million warrants outstanding that were just repriced to .36 cents. If all the warrants get executed it would put over $2.7 million in the treasury giving the company a good chunk of cash to work with without doing another financing. 


Need to churn some volume to get there but today was a good start.

I'm thinking that could be their strategy for financing without further dilution.

Thoughts ?



 

Bullboard Posts