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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 Henryfordon Feb 02, 2021 10:40pm
143 Views
Post# 32455142

RE:RE:Cancelliing the Doubletake development was a stroke of

RE:RE:Cancelliing the Doubletake development was a stroke of @misses I am shocked that you cant see the big picture and what would have happened to NXO had the Board had not decided to abort DT when they did. Quick foot work and raising quick money from warrents was a brilliant move. Quick change of business model was also a brilliant move. At present ,DT sits on the shelf and who knows where the future sits with that product....maybe with future cash , and a better world market, DT could be bought back onto the market.. NXO would be bankrupt by know had they tried to carry on and get DT to the market...Covid would have destroyed the product lines required to carry out manufacturing of DT. It is so easy to see the diaster they avoided. We should be applauding management. Should they update shareholders. I believe so, but i understand why not. Am i buying? Yes, I have started to nibble away under caution . As mentioned previously, I am not invested as heavly as i have been, but will build up slowly over the next few weeks with profits of money invested in large tech companies.
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