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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 Damn1212on Jul 30, 2024 2:56pm
43 Views
Post# 36154872

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Fact check time. So typical it’s almost funny.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Fact check time. So typical it’s almost funny.Blue 

See below 

This is From NXO directly 

On Nov 3rd the shares were trading for 1.14$ 

Figure the rest out for yourself and email NXO to ask them if they are happy with their Purchase of Blade optics that brought in a whopping 0$ in revenue 

Guess we should all be happy with the purchase ... right ? 

The Acquisition was completed on November 3, 2017 pursuant to the exercise of the third and final option (the "Option") granted to NexOptic under the investment agreement among NexOptic, Spectrum and the initial Spectrum shareholders (the "Spectrum Shareholders") and their principals dated October 22, 2015, as amended (the "Investment Agreement"). Pursuant to the Option, NexOptic acquired from the Spectrum Shareholders all of the remaining common shares of Spectrum ("Spectrum Shares") which it did not own, constituting 72.58% of the issued and outstanding Spectrum Shares, in exchange for issuing to the Spectrum Shareholders an aggregate of 43,767,172 common shares in the capital of NexOptic (the "Acquisition Shares") and an aggregate of 8,461,816 conditional warrants (the "Conditional Warrants"). Each Conditional Warrant is exercisable into a common share ("NexOptic Share") or unit ("Unit") of NexOptic, as set forth below. As a result, NexOptic now owns 100% of Spectrum.
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