RE:What are the odds Nexoptic to have been lying us all this tithe real value left, the Daugelas. They were the inventors. New mgt threw out their tech, even though it worked. Even worked with new tweaks to the folded lens system, but their square aperature and stacked lens worked; just didn't want to spend on the R&D to commercialize it.
First computers took up rooms, I bet some dimwhit back then said they'd never be pocket size. they were wrong. Of course, NXO doesn't have the $$ to commercialize the tech, but throwing it out was a bad move.
The company, yes, is not worth anything really in hard value. Technically it's worth the market cap.
The only people receiving value are the Daugelas -
So in the end, for them, NXO was highly successful. They retire off it with millions, daily huge sums and can then move on to other ventures which they have.
Most Venture companies, from tech to mining, generally profit the insiders. Investors, well, take your profit on the first good news and don't look back.
Should have done that myself years ago.