RE:RE:What are the odds Nexoptic to have been lying us all this tiNot sure I agree with your narrative
The tech had issues so the DT was developed without it. Not saying more R&D may have proven it, but that would take monies the company did not have
When DT was ready to commercialize, it actually won awards, but as I recall there was insufficient interest in the product\advance orders for it (they debuted at a tech show hoping to get hard orders but these seem not to have materialized) AND shortly after the Co decided to focus solely on ALLIS
Great move
Software scales easily. Selling a manufactured product as complex as the DT is not so easily scaled. Creating more involves lots of steps.
BUT THEY HAVE NOT THROWN IT OUT.
Writing it down as they have for accounting purposes meant they did not see being able to gain immediate or medium term value out of it...and perhaps not for any forseeable future.
But here is a scenario for you.
What if part of this daily sales program has agendas we do not know about?
I speculated a few months back that perhaps the sales agreement was forced onto the brothers for their unjustified enrichment in salaries and DT tech that was (over)paid for in shares...and was part of some agreement not to sue for damages. Pure spec I know. But it was a Related Party Transaction controlled and directed by the brothers who may have left out material information when it happened...ie how much further R&D was required
What if the agreement also says "Brothers, you ^*&^ us but here is the deal. You sell your shares out in the open market...and whatever you raise comes back to treasury because you will have to buy your flat lens tech back????
Pure spec...I know...AND not really germane to current events
I'm in the Missouri camp where NXO now has to prove itself in hard revenues. I believe they will materialize but we are waiting for financials and more NRs and the brothers to stop saturating the market with sales
I'm also not buying more now for the simple reason I have a total portfolio to look after and emerging specs are only a small part of it. I am exposed to specs as much as I care to be at the moment and actually buying beat up dividend stocks and value plays.
An example is Gamehost, an Alberta casino operator.
May buy more on news but I have been burned there by NXO volatility so dunno