Nexoptic Technology Corp V.NXO

3DB Needs Cash Flow

[Researcher203]

5rockies wrote:

Still don't get why the brothers will be selling shares in a profitable company? Rich and Paul are in no position to twist their hands and force them to as some suggested it. If I were them I will not sell a share, not to mention 24-25 cents a share price.
 

The answer is Novel AI Systems, Darcy Daugela's new start up company. Start ups take an enormous amount of cash and as a private company it appears that he is self financing it.  Old habits die hard, a review of the Daugela's management during his time at NXO shows that he has no issues burning through cash to pursue his business development/goals.  

[SomeInvestor]

It's about time someone realized that the bros are selling approx every 1-2 weeks for $250-$300k to obviously cover for their own company development and salaries. I was waiting to see if anyone could actually piece the two together or just continue to share and post about them wanting to destroy share price with no reason for it.

[Damn1212]

Profitable Company ?  NXO has 0$ in revenue and is in the red 100 million or more since its creation 

[AUborealis]

Please don't exaggerate. If you want to contribute to meaningful discussion I'm all eyes and ears, but your 'over 100 million' comment is obviously meant to 'slam' the enterprise. Not cool. Facts can speak for themselves, and do, to any interested party that is or wants to be a shareholder and the FACTS are available to them with any reasonable anount of DD. You are the

[Lesalpes29]

7,8M To go... completly out before the end of summer...

[Damn1212]

Boralis  are you seriously writing that ?  on a company with 0$ in Revenue for life .... 87 million of 100 million.... does that include this half year ??? Nope ...so we are at or over 100 million at the moment.  Revenue will ramp up ? My friend there has never been any revenue ....  You can call me Troll, but the facts remain 

[SomeInvestor]

Damn1212 the conversation was about the brothers company and how they are selling shares to be able to fund their company. Maybe learn to read and *keep up with the conversation* some would say. Pull your head out of your behind.

[Damn1212]

@ Someinvestor  Obviously you didnt see my convo was with Boralis and not you.  Sorry NXO is at .25 cents ...  Sucks doesnt it ? 

[SomeInvestor]

Sorry damn1212 meant to quote those one regarding you talking about researchers quote. Anyways to me seeing stock price down this much doesn't matter to me. I'm down $4k. Big tears. Haven't you lost the price of an average house by now. I'll talk later I have to go cry about my poor portfolio allocations loosing me $4000.

[Damn1212]

@Someinv  Not sure where you live but im in Toronto so average home here is well over 1 million dollars....so no I havnt lost that much.  Im sitting at 350k more or less of paper losses ....  Who knows, could become Green if NXO can finally produce some substance ...  Last year this time we were riding high ... LOL  Would be fun to be in the green again one day. 

[cashy]

I'm down only 55k, but I'll buy a few more today.This is crazy to buy at this cheap price! Anything under .36 is AWWWWSSOME! he he  Yahoo!! Yippy ki yay!! GO TEAM NXO !!

[cashy]

Just picked up another 5k @.25 Yahoo!!!!

[Damn1212]

Cashy  You already lost 4% since you bought this am ... LOL 

[cashy]

Yes I see that, maybe better luck tomorrow.