Nexoptic Technology Corp V.NXO

Alternate Symbol(s): NXOPF

Technology Electronic Components

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 > As Usual, moe...

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Comment by BarstoolSageon Feb 22, 2024 6:10pm

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Post# 35894525

RE:RE:RE:As Usual, moe...

With 176 million shares already outstanding, Xtract would not meet my criteria for investment or flyer....

" Back when" NXO had far less...now its 195 million

It takes a lot of demand to move the needle.

Roadrunner71 wrote: This is your quote, " I had no idea when I said they will need to raise a lot of capital to finance those huge losses”.
They are not financing huge loses. It's for funding huge future projects and only if they need the money to pay for those.
I'll explain it in simple terms. It's like having a line of credit, you only use it if needed and only then. It's in the filing and this article.
You should be weeping when called out on BS.

Xtract One Technologies Inc. Files Final Prospectus for $50 Million Security Issuance (bnnbreaking.com)