RE:Looking Good Seriously, do you not know NXO’s repeating track record of making grand claims and delivering failures? How can you in good conscience advise people to average down on this junk?
Here are a few highlights:
About 5 years ago Paul McK (current CEO) and Stephen P (current BOD) went on TV and claimed BladeOptics was “revolutionary” technology and the “greatest advancement in optics since Galileo”. How did that turn out? Any investor that believed the NXO BS lost their money.
Next came DoubleTake. Remember all the awards and promotions? In 2019, Paul McK went on TV again and stated that DT would be on the shelves and available for sale by Christmas. How did that turn out? Again, any investor that bought shares based on NXO BS story lost money.
Next came ALIIS. Over two years ago, NXO put out a NR that said ALIIS was ready for immediate sale and RG (current chairman) did a UTUBE video in which he stated that sales are “coming soon”. At that time the stock was around $1.20 a share. Today the stock is below a dime, NXO has no cash, growing debt, and still $0 in sales. Again, any investor that bought shares based on NXO BS lost money.
How many times has NXO fooled investors with their BS statements? Remember that NXO executives and BOD are NOT buying these shares…not with their own money. All these claims of revolutionary technology and infinite potential is all targeted at retail investors to pump up the stock.
So, you say that you still “trust” NXO management? Well, poor fool you.