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 > Updated facts

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Post by BarstoolSageon Oct 28, 2022 9:33pm

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Post# 35057317

Updated facts

The financing was necessary to survive and has been announced but not yet closed.

The financing is dilutive with significant added share count and low priced warrants

There have been no announced NXO revenue contracts beyond the Pristine Surgical deal which if Pristine begins to earn revenues 4Q/2022 means NXO gets cash in say mid 23 if any is owed

The Selten deal does not appear to have closed

ALL ELSE IS NOISE

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