RE:This Just In!@ Bar
There were always 2 scenarios that were a clear fork in the road.
Revenue
or
No Revenue
NXO has been on the no Revenue Path and seems like they are staying on it.
I doubt anything good comes from NXO at this point since theres been No revenue since forever and the Repeated Failures have lead the Market to loose all trust in management.
Last Updates were almost 4 months ago and since then total silence.
NexOptic is taking a two-pronged approach to commercializing NexCompress, using both cloud and hardware solutions. The Company is currently evaluating a shortlist of AI cloud and hardware suppliers as part of its go-to-market strategy. The selection of the top hardware/cloud provider is expected within the next four weeks.
So Here we are again at the exact same place we have been for years with only difference being we have touched an all time low of 3.5 pennies per share this week.
184 Million Shares on the float .
0 sales
No funds to keep afloat. ( that we know of )
Volume is non existant at this point with many days trading 0 shares or meaningless volumes.
No communication from Management.
Shareprice that is pushing all time lows constantly.
Ive seen scenarios like this in the past and it didn`t end well.
Not funny for shareholders who will have big losses when this goes to 0.
Have a nice weekend barstool !