RE:RE:Nexoptic shares = Worthless paper BACKGROUND AND CORE BUSINESS NexOptic Technology Corp. and its subsidiaries (collectively, the “Company” or “NexOptic”) is a technology company developing award-winning artificial intelligence (“AI”) and award-winning imaging products which enhance how images are either captured, processed and/or experienced. NexOptic was incorporated under the Company Act (British Columbia) on October 11, 2007. The Company maintains its registered and place of business office at 1500 – 409 Granville Street, Vancouver, British Columbia, Canada V6C 1T2. NexOptic’s primary focus in 2020 was on its patent pending artificial intelligence for imaging called “Aliis™”, an acronym for, “All Light Intelligent Imaging Solutions.” Several of the world’s largest and more influential semiconductor companies have taken a strong interest in Aliis™, most recently the Arm AI Partner Program (November 2020) and prior to that, also in 2020, NVIDIA Corporation (“NVIDIA”) and Qualcomm Technologies, Inc.(“Qualcomm”). The reason for the significant interest is that Aliis™ delivers superior all light performance for both still imaging and video by learning a camera profile and optimally enhancing its quality and its resolution in a fraction of a second using edge processing. The result is superior resolution and sharpness, dramatic reductions to image noise and motion-blur, noticeable enhancements to long-range image stabilization by enabling faster shutter speeds, and significantly reduced file and bandwidth requirements for storage or streaming applications. Aliis™ also improves downstream applications such as computational imaging, facial recognition, and object detection, and as a result has broad market applicability for AI-leveraged security, autonomous vehicles, and other AI applications. Risks associated with the investment and development of the AI imaging technologies can be found in the Risk Factors section of this document. Artificial Intelligence - All Light Intelligent Imaging Solutions: Aliis™ In November 2020, NexOptic announced that Arm Ltd. (“Arm”) had selected NexOptic to join its esteemed AI Partner Program. Aliis™ complements Arm’s ecosystem for on-chip AI deployment for intelligent endpoint devices. The partnership creates expansion opportunities for Aliis™ within the vast Arm IoT network. NexOptic continues to work with Arm’s technical teams to build an optimized solution of Aliis™ that will be deployed using Arm’s intellectual property. In July 2020, NexOptic announced that it was chosen to join the NVIDIA Partner Network as a Preferred Partner to leverage the powerful edge AI advantages of their NVIDIA® Jetson™ platform with next-generation Aliis™ offerings. Since then, and with the assistance of NVIDIA’s engineers, Aliis™ has been fully integrated into NVIDIA’s Jetson™ platform, and NexOptic continues to optimize and expand its supported feature sets for Jetson™. In the second quarter of fiscal 2020, NexOptic reported that Qualcomm selected Aliis™ to be part of its Qualcomm® Platform Solutions Ecosystem in order to optimize Aliis™ into select Qualcomm® Snapdragon™ mobile platforms. Since then, NexOptic successfully integrated Aliis™ into their chipsets and continues to optimize the expanding capabilities of Aliis™ into them. NexOptic continuously expands Aliis’s Al capabilities and anticipates that they will be engineered into current and future semiconductor offerings by NVIDIA, Qualcomm and Arm in the future. NexOptic continues to work closely with all of its partner companies. In all instances (NVIDIA, Qualcomm and Arm), each original equipment manufacturer (“OEM”) retains control over the choice to license Aliis™ directly from NexOptic with optimized versions of Aliis™, this significantly reduces their integration costs. Through these esteemed partnership relationships, global OEMs requiring premium imaging enhancement now have direct access to NexOptic’s industry-leading machine learning imaging solutions optimizable to many of NVIDIA’s, Qualcomm’s and Arm’s vast customer networks.