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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

Comment by DonRudyon Jan 03, 2021 1:54pm
242 Views
Post# 32211814

RE:RE:RE:RE:RE:New Video from Sept 2020 *** Must watch

RE:RE:RE:RE:RE:New Video from Sept 2020 *** Must watch

@missisauga,

I do own shares and have followed Nexoptic for sometime.

I was at the unveiling of the telescope at the McMillan observatory in Vancouver. I completely agree that Nexoptic past is riddled with false promises of groundbreaking hope. I for one fell for it also. As the chart snapped and price fell after the unveiling I exited my position. As it was a huge run up and sell on the rumour/news. 

i continued to follow Nexoptic and bought back in before Rich.G joined the team. I was again hopeful but now realize it was all smoke and mirrors again. 

I stayed in and averaged down since then to just under .46, it may be what helps me sleep at night with this investment. 


Rich has seemed to pivot the company into a direction that seems to be gaining some traction. He made the business decision of writing of 40 million of assets off the books to be worthless. I agree this hurt big time! But believe it was the right business move rather than wasting anymore money on a something not viable and gettingn it off the books.

since then 3 leading companies in their respective spaces partnered with Nexoptic. I'm choosing to look at what's been produced in the past year and what the potential of what's to come.

I'm still not happy with the transparency of the time frame for implementing ALIIS in devices. Will it be 2021 or are we looking to future devices?

I am putting some weight and recognition to the 3 major partnerships announced. To me, this is the first credible 3rd party validation that Nexoptic received, that's worth taking note of. 

I'm expecting and looking forward to progress and direction from the 3 partnerships moving through 2021. Hoping this years CES unveils progress with Qualcomm snapdragon chipsets on devices.

Time will tell.

 

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