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Nexoptic Technology Corp V.NXO

Alternate Symbol(s):  NXOPF

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.


TSXV:NXO - Post by User

Post by BarstoolSageon Jan 21, 2024 9:34am
246 Views
Post# 35837821

Auditor Resignation

Auditor ResignationSmythe was censured last summer and prevented from taking on NEW public companies and were to be subject to added monitoring,

The resignation may have had something to do with that. Stringent new professional engagement acceptance criteria that forces a rethink every year if to ensure you can effectively serve the client and Smythe is on tippy toes to toe the line on this.

It may also be benign. Did not follow my thoughts to the actual provisions they used as their resignation justification.

The good news is that while all the big 4 have been involved in shoddy work and slapped in the past....and Arthur Anderson disappeared with Enron, ....MNP to my knowledge has a pretty good record

So IMO good news for you remaining shareholders
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