Nexoptic Technology Corp V.NXO

RE:RE:RE:RE:RE:RE:Told you, what did you expect

[rebel20]

DOH! Didn't the whole world did go up in smoke in 2020?

That said, we know Nexoptic raised a badly needed approx. $900K from $0.45 warrants before they expired February 23, 2020 which took them through to signing up Qualcomm and Nvidia June 29th and Jul 10th, 2020. From there they got every previously issued $0.36 warrant exercised which led to the signing of  ARM on November 30, 2020. 

The approx. $900K raised from $0.45 warrants expiring  Feb 23rd, 2020 were a big deal otherwise moaners/ groaners here would be plyng their trade elsewhere. 

So what did Nexoptic raise in 2020 ballpark $5M? No new PP shares or warrants issued and a ton cleared out. Talk about timely and it all l came about from prior issued warrants leavingonly the following below.  I figure all are owned by 3 DB Corp or possibly related parties? 

 Share Info & Financials – NexOptic 


So ballpark  3 DB Corp etc had 12-12 M and only below remain.  9M issued to them have already expired. Highly unlikely that they'll exercise any of these except maybe the 2022's and even then  those likely would only be sold  against some sort of spread in order to make a minimum of 10-15-20% but we'll see as they've never put up a dime yet from what I can see, anyone else? So begs the question, so why would they this summer or in 2022? 

 
I'm counting on July and September 2021 warrants to expire if the stock isn't at least $1.25 per share $CDN. they may just let them expire regardless.  Love the analogy  somebody mentioned previously about "choking the goose laying them you golden eggs." 

  

2021 Remaining Warrants   
 
- 404,923 $1.12 July   5, 2021
- 175,000 $1.12 Sep 14, 2021

2022 Remaining Warrants 

-   296,154 $1.12 January 10, 2022
-1,400,000 $1.75 June        7, 2022