RE:RE:Cancelliing the Doubletake development was a stroke of mississauga1 wrote: Boralis
Are you believeing the BS you are vomiting on here.
The last 12 months have been the best year for electronic sales, DT would have sold out had it been on the market. The fact is DT was supposed to be available for sale Q4 2019, well before Covid. Dont try to rewrite history and make it seem
Everyone was outside taking hikes and taking pictures for Petes Sake !
The board also agrees that this stock is not trading sideways but 100% in a downtrend.
Lastly , here is a quote from Paul CEO, made Nov 19th 2019 ( almost 2 years ago )
https://www.globenewswire.com/news-release/2019/11/20/1950140/0/en/NexOptic-to-Launch-DoubleTake-at-CES-2020-in-Early-January.html
“In these last few weeks, we’ve advanced discussions with several large corporations. We’re now solidifying opportunities for ALLIS’s commercial success,” said Paul McKenzie, CEO of NexOptic.
Keep being dellusional Boralis ! The real investors will be here to keep calling your BS what it really is !
mississauga1: You are right, cancelling DoubleTake was proof of incompetence. Paul McKenzie (current CEO) publicly stated that DoubleTake will be available for sale by Christmas 2019. Also, the target market for DoubleTake was supposed to be outdoor enthusiasts and birdwatchers. Outdoor activities are popular during COVID, due to indoor restriction, so if produced and marketed properly they could have done well.
I suppose the company was out of cash so taking on a manufacturing project when you have no money is tough; however, the fact that the company kept delaying and wasting investor’s money until they were broke, without ever manufacturing a single unit, is an embarrassment. Pumpers can keep polishing this turd all they want; it won’t change what it is.
As for the trend, NXO stock is currently clogging the sump, so anyone who thinks the stock price is "moving sideways", better have their eyes checked.