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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

Comment by BarstoolSageon Jun 18, 2021 3:47pm
174 Views
Post# 33412674

RE:RE:RE:RE:RE:Patent notice

RE:RE:RE:RE:RE:Patent noticeWe are not an established company by any means, I agree...no revenues...but its all about longer lead times in signing customers then implementing solutions

Revenues will be according to the contracts signed. 

If it is like "mechanincal royalties" where NXO get a set price per unit of chip, give or take allowances etc......then we get paid as chips are manufactured

If we dont get paid until chips are sold....or after Qualcomm gets paid....the accountants will determine when revenues may properly be recognized and considered earned. 

So quarterly statements will tell the story, as will any announcements of other contracts...



mississauga1 wrote: Barstool

Nice juicy Partnerships ? 

We are still at 0$ in Revenue my Man , I would reserve a little caution as this could go either way. 




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