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Bullboard - Stock Discussion Forum 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... see more

TSXV:NXO - Post Discussion

Nexoptic Technology Corp > Cancelliing the Doubletake development was a stroke of
View:
Post by AUborealis on Feb 02, 2021 4:33pm

Cancelliing the Doubletake development was a stroke of

genius!

Thank you RG.

Empty stadiums and arenas, lockdowns and cancelled travel worldwide, going into a second year, and who knows if the vaccines or % of vaccinated will be able to stall the speed of the spread.

The writedown was a hit to the balance sheet, but know this, the potential of blade optics may be 'icing on the cake' down the road.

NXO still owns the tech on that. (Could be worth a lot if the Patents were vended off).

And it's only been 6 months since ARM's engineers went to work wit Kevin and the teams from Qualcomm and NVIDIA.

No one in their right mind expected to see a 'siliconized' ALIIS on a chip on the new phones launched in the first part of 2021.

The lead time to design a new phone is probably 2 years minimum.
The camera tech that is out there now was probably being 'proofed' two or more years ago.

After which there is the mega changes needed to the manufacturing process/suppliers to incorporate the new design whether it's anooer lens or another chip or different glass or whatever.

Posters that repeat themselves here every day with their negative diatribe, sometimes multiple times a day, for weeks on end, are obviously not entrepreneurs and don't have a basic understanding of how businesses opereate, and especially not during a global pandemic, let alone the ins and outs of inventing, optimizing, and commercializing a piece of tech that will mark a step-change in the optics industry.

The value of NXO at $0.25/sh, $0.50/sh or $1.50/sh (Canadian Dollars) is negligible when measured against the eventual value and potential billions of devices that will see ALIIS embedded in the future.

The fact that RG is not appearing on all the Puff Piece Promotional Sites, just to give a few newbie investors of the past 2-3 years a Mommie-hug, heartens me that when the big man speaks it will be HUGE!

In the meantime the stock keeps meandering sideways just begging to be accumulated,

Too bad the Board didn't have an accelerator clause for the DBros to vend double or triple or quadruple the amount of shares daily below certain price points.

I think RG and his posse wouldn't mind banking the whole amount left on their books at about this area and moment in time.

In the meantime I've started to stockl another shelf in the pantry.
Comment by mississauga1 on Feb 02, 2021 4:43pm
Boralis  Are you believeing the BS you are vomiting on here.  The last 12 months have been the best year for electronic sales, DT would have sold out had it been on the market. The fact is DT was supposed to be available for sale Q4 2019, well before Covid. Dont try to rewrite history and make it seem  Everyone was outside taking hikes and taking pictures for Petes Sake !  ...more  
Comment by Henryford on Feb 02, 2021 10:40pm
@misses I am shocked that you cant see the big picture and what would have happened to NXO had the Board had not decided to abort DT when they did. Quick foot work and raising quick money from warrents was a brilliant move. Quick change of business model was also a brilliant move. At present ,DT sits on the shelf and who knows where the future sits with that product....maybe with future cash , and ...more  
Comment by mississauga1 on Feb 03, 2021 12:14am
@ford  Sorry I disagree.  Being in the sector I see that electronic sales went throught the roof in 2020. Amazon can't keep up, the big box stores either. People were buying every gadget with that Gov Stimulus money they got. Lets not forget , DT was supposed to be available to consumers on the shelves Q4 2019.  Covid haveppend Q2 2020. At the time , NXO blamed the Tariff ...more  
Comment by Truhlik on Feb 03, 2021 12:30am
mississauga1:   You are right, cancelling DoubleTake was proof of incompetence.   Paul McKenzie (current CEO) publicly stated that DoubleTake will be available for sale by Christmas 2019.  Also, the target market for DoubleTake was supposed to be outdoor enthusiasts and birdwatchers.  Outdoor activities are popular during COVID, due to indoor restriction, so if ...more  
Comment by GreenGecko on Feb 03, 2021 12:35am
Then you, Truhlik, and Mississauga and 5Rockies and James Toni and all you other losers should have sold this cat turd months, if not years, ago. But no, you prefer to keep the C suite provided a steady stream of San Pellegrino water, Blenz Coffee  and catered sushi buffet lunches. If anything, it speaks to how absolutely incompetent you are as an investor. Have a pleasant night, losers.  ...more  
Comment by Truhlik on Feb 03, 2021 1:02am
Well, I am flying on my private jet to Monaco, wathing TV and eating Cheetos while being pleasured by couple of strippers.  Thought I would take a break to comment on a stock.  ;-)   GG, I thought you dumped this stock recently?  That's what you wrote, so what are you still doing here?  Pumping and dumping?  BTW, I sold almost all my shares back in late ...more  
Comment by Lesalpes29 on Feb 03, 2021 7:43am
Pea brain under too much sun GG. We have a genius here! 
Comment by GreenGecko on Feb 03, 2021 7:44am
You sold almost all your shares months ago, why are YOU still here? I'm here for the Schaudenfreude experience.
Comment by rich39 on Feb 03, 2021 8:42am
thats pretty psycopathic GG hope you are joking...
Comment by BarstoolSage on Feb 02, 2021 5:34pm
Trying to rewrite history? This was not a decision that wanted to make. They had things ready to go, but the CES did not result in the kinds of orders\preorders etc....inferred but the most likely reason why no manuafacturing actually took place Had the show been more encouraging, had pre orders rolled in...they would have gone ahead Instead, they focused on ALIIS And here we are...still ...more  
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