Nexoptic Technology Corp V.NXO

Alternate Symbol(s): NXOPF

Technology Information Technology Services

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.

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Nexoptic Technology Corp > Regarding the 8 Million shares held by Computershare.

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Comment by AUborealison Sep 03, 2021 2:12pm

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Post# 33810103

RE:RE:Regarding the 8 Million shares held by Computershare.

I believe that KG and others on the team are granted options and are well taken care of.

And that means $$$ for NXO treasury in the future, and not former mgmnt.'s pockets.

All good.

Truhlik wrote:
AUborealis: That's right, NXO decided how to allocate the stock rights against these 8M 3DB shares that are held in trust for now. That's their right, as per the May 2020 agreement.

One thing that stands out for me from this filing is that Kevin Gorden was not given any of these 8M stock rights. Looks at how they split these 8M. BOD and top management kept it all for themselves. KG is, IMO, the most important person in the company now, but BOD decided not to share these 8M share rights with him. I guess KG does not deserve incentives. Disappointing. Even Stephen Petranek got 750K and Meradith got 1.5M of these stock rights assigned to him. KG a big 0.

Oh well.

AUborealis wrote:

Apparently a lot of people 'missed' the SEDAR filing of:

Jun 30 2021

18:52:12 ET

Statement of Executive Compensation (Form 51-102F6V) - English

Those shares are gone, i.e.'locked in' and 'allocated' to management.

I reproduce it here for those that are lacking in DD skills.