Nexoptic Technology Corp V.NXO

Alternate Symbol(s): NXOPF

Technology Electronic Components

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.

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Nexoptic Technology Corp > naive?

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Comment by 5rockieson Jun 03, 2021 1:37pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:naive?

BarstoolSage, I like the story/interpretation. Hats down!!

BarstoolSage wrote: There's more to the story. Part of the agreement also says the brothers have no say in the company and MUST vote with The Board

And I agree, they cannot force YOU to sell your shares...but it is a different case with the Daugelas. No court will set aside a commercial agreement that was properly bargained...even if it turns out to be one sided. NXO could very well have had the ammunition given their history

Maybe it went like

NXO...you sold us a bill of goods and we are suing you for all your shares we paid for it

D's ...well that will be a good court battle..FU

NXO..yes, probably, but we will be going after you for fraud and whatever will stick

D's...well how can we get past this?

NXO...give us 8 million shares to go into our bonus pool, and every remaining share you own is voted with the board. You will have no say. And we want a divestiture plan in place.