NexTech3D.AI Corp. C.NTAR

Alternate Symbol(s): NEXCF

Technology Software - Application

NexTech3D.AI Corp. is a diversified augmented reality (AR), artificial intelligence (AI) technology company. The Company leverages AI to create three-dimensional (3D) experiences at scale for e-commerce. The Company's primary focus lies in creating 3D WebAR photorealistic models for Amazon and various other online retailers with patented 2D-3D technology. Its suite of products includes patented AI-based technology for 3D model creation and 2D to 3D conversion. It also develops or acquires disruptive AI-technologies, which are subsequently spun out to shareholders as standalone public companies. The Company provides a broad array of AR solutions. Its AR solutions are able to scale the production of 3D models by using AI algorithms and computer vision technology. Its technology is Web-based, but the Company also offers several AR applications on iOS and Android, including ARitize360, ARitize, and HoloX. These applications enable 3D visualization across all platforms.

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NexTech3D.AI Corp. > Market reacted to high expenses

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Post by Troy23on Apr 16, 2021 1:46pm

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Post# 33012017

Market reacted to high expenses

But the revenue growth is quite impressive. On track for their target of 50-60 million in 2021. I think the selloff is due to a higher loss than expected which leads to investors being scared of dilution. However, we have about 20 million in cash right now which should take us well beyond 2021. Only dilution I see is for acquisitions

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