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 > Lights still on

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Post by Blueshoeson May 15, 2024 12:06pm

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Post# 36041283

Lights still on

Hi $%^&,

Thanks for reaching out. Unfortunately our new auditors are taking considerably longer than expected. With us being a new client, we were anticipating things going a little slower, but between their forensic approach and desire to examine prior years as well, we have found ourselves with the current cease trade order until this process is complete.

We have been assured by the auditors that they will be finished this week. After which, we will complete the reinstatement process with the exchange and be trading again shortly after.

We appreciate your patience and apologize for the inconvenience this has caused.

Sincerely,

Juliette

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