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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 Tcwtaeugene2on Jul 26, 2021 4:46pm
129 Views
Post# 33607570

RE:RE:RE:Under 9 million (max)left for 3db to dump

RE:RE:RE:Under 9 million (max)left for 3db to dump     Imagine a building whith 147 condos. The Dbros possess 40 of them and are the administrators of the whole complex. Now, for X reason, they hava trouble administrating it and hired RG to help.

     One day RG fire them and to be shure he keeps control of the building, propose an arrangementwith them.

      To keep it simple, the Dbros have the right to sell all there condos but at the condition that they cannot sell more than 2 condos at the same person so that person could possess more than 2 condos. And the sale price is determine by the evaluation of the day before.

      The Dbros finally found a stratagem with one or two buyers. The buyers have to get rid of the condos before buying others(the damn1212 theory) so there's a lot of offers and the value of all the condos take a shot.

      Now, RG is not a fool so the contract stipulate that the Dbros cannot sell 8 of there condos and these will be reserve for RG and his friends to have the right to buy them at a fixed price in advance. Let say he have big projects that will profits all the owners of the building and he is not aware that the value of the condos will largely surpass the price he sets for them.

      RG and his friends will execute there right to buy when the value of the condos will be much higher. So the 8 condos(for the moment) are still at the name of the Dbros.

      Sorry for this Scarletspider kind of text but its explain why the 8 mil. share will remain in possession of the Dbros until they get exercise. So 9 mil. left...

      Eugene


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