RE:RE:rich39: Regarding - pricing of the 8MM incentive sharesI can only surmise that each individual understands the magnitude of the potential here
...by May 28, 2027...(the expiry date)
...is far greater than last year's 'blip' in price.
My thinking is RG et.al. are not here to hit a single or double
...but going for an 'out of the park' home run.
And the recent low valuation of the enterprise...including today's level...is a consequence of general investor confidence against the backdrop of supply chain disruption caused by the pandemic.
As we see travel and sports venues return to pre-pandemic levels...which will come with more widespread vax rates...we will see consumer confidence in the future of their livelihoods accelerate and along with that the desire to upgrade their devices.
Industry uses...which are multitude...have likely been playing with the SDK's for a few months now.
I believe the 'Pristine Surgical' announcement was the 'shareholder update' released by the company to let everyone know that 'industry likes what they see'.
Why else would they (Pristine) incorporate ALIIS into their 'Launch Product', considering that they want to position themselves at the very forefront of any other similar scope device.
And it's only been 7-8 weeks since NXO added new people to help with number of queries coming through the door/portal.
This is not a fast food take out window type enterprise.
Big players...playing for big dollars...and if you read last week's blurb from QCOM...NXO is part of the team that is 'on the field of play'.
To my mind the added 'weight' of the daily 3Db liquidation to below Insider status in the context of the other outside macro negative factors, has made for a unique situation.
In the past, I've seen 'blocks' bought where a new shareholder has taken out an entire position of a tired legacy shareholder in one transaction, but the daily selling (within prescribed limits) and the subsequent filings of Insider Sales daily, as has happened here, is something that I've never seen before.
And given RG's and the Board's depth of experience...and the circle of acquiantances that they move in...I came to the conclusion that I had better buy into their plan.
So far this year the Company has made progress on it's Patents, customer adoption, additional hires, and completed the share engineering required to remove a controlling-size legacy shareholding that wanted an exit...or was shown the door...spin whatever you want.
There are a lot of moving parts when you are dealing at the level of the ARM's and NVDIA's and QCOM's of the world.
And timelines for milestone events are not at the sole discretion of any one Company.
Therefore...so far so good.
Tcwtaeugene2 wrote: it was time someone post it. Thanks AUbo. At least your not a BOT since to acces sedar robots are not allow.
Did take note of the year the rights where granted May 2020 not 2021 so why do you think nobody of the direction
exercise even a small part of it last summer when the sp was over a dollard???
Eugene