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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

Comment by Maxmoeon Feb 22, 2024 2:01am
60 Views
Post# 35892535

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Team??

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Team??Ok,ok,ok. I'll stop after this. I really, really recommend you read the final short form prospectus to appreciate the dI,ution and risks faced by this typical tsx venture penny stock. And again, I wish you nothing but vast riches. Better read the info circ filed on October 30. Or read it again if you haven't. Nobody knows what Paul is being paid fir 2023 because the annual reporting package won't be out for a month or two. Maybe April 1st ? We do know from 2021 that Paul made 180k, and rich made 290k. We also know Paul owns 8 million plus shares. Not as many as 1212, but it qualifies as skin in the game I'd say. Everyone here is on pins and needles to hear about your buddy at xtra earns. Well, it's there to see. For a company that lost $16 million for the year ended July 2023,and has accumulated losses of $135 million, ....... drumroll please.......he made $780,000. The CFO yanked in just under 500k. But don't worry I read in there somewhere they both got small raises in 2023. Each of the directors pulled down 100k-160k as well. Directors, by the way do nothing but attend maybe a dozen meetings, but more like half that. But how about having skin in the game? You know interests of management and shareholders tied together right? Nope. Directors own next to nothing. I'll bet roadrunner owns more than the 10,000 shares they own. But the CEO? How about 400,000 shares. Barely got his beak wet. But the snout is in the trough shoulder deep for millions and millions of freebie options and share plans. In fact the company has reserved for issuance for so many rsu,dsu,LTIP,obo, ansd so on I lost count. So like so many tsx venture companies that fail, these guys have very,very little skin in the game but are fully loaded to the gunnels for upside from freebies.  So next time you or any of your buddies, are inclined to scream about what Paul made, put it into the context of what xtra pays for a company with 4 million in sales, and 20 million in expenses, with a hugely dilutive option freebie package and $50 million of capital sitting on the shelf to raise this year to stay in business. Enough said? And NO, this does not defend NXO. 
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