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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

Post by AUborealison May 14, 2021 1:24pm
211 Views
Post# 33204237

The closer we get to a five day average of $0.25

The closer we get to a five day average of $0.25 the closer we get to having some of those 'Custody shares' distributed.
But this level is OK by me.

This was in the May 25 2020 NR.

Anyone who is in this stock, and read the NR (did their DD) would/should know this and be aware that the combination of the the ability of the DBros to sell up to a maximum of 25,000 shs/day, (dependent on the condition that the maximum daily amount could not exceed 10% of the previous day's volume), combined with the floor proce of the Custody Shares,

...and the time it would take to go through the Patent Process and SECURE THE MOAT around ALIIS,

...should have anticipated that up and until the 'Insider' filing threshold was crossed by the Dbros into the 'no-longer an Insider status (below 10%)

...any surge in the price was likely to drift back to the levels seen in around 'the Agreement' date of last year. (announced in May but likely negotiated in the March-May period).

SO

27,000,000 (their current ownership) minus the 8,000,000 Custody shares equals 19,000,000 shs.

There is 1,379,539 Warrants +  20,255,000 options + 147,296,150 shs outstanding.

Fully Diluted = 168,830,689

10% is 16,830,689

The Dbros are about 2.2 MM shares away fron dropping out of sight.

A couple more 'chunk' filings and then the stage is set.

I for one am adding up until the 'Patent Granted' NR.

A long time in the slow cooker here.

Going to verrrry tasty!


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