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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

View:
Post by AUborealis on Aug 10, 2021 6:13pm

Some math.

From the last Financials

NXO: Weighted average number of common shares outstanding 147,296,150

Options:                   20,255,000

Warrants:                  1,379,539      (OF WHICH 283,769 EXPIRED ON jULY 05, 2021)
(Wts. as of Jly 06)     1,095,770


Fully Diluted:          168,646,920

10% Insider Level
     16,864,692

3Db (shares only) - 

End of May      23,277,599

End of June     19,279,510

End of July       15,759,755

Current             14,489,537

(a/o Aug 10. 2021)
(of which 8,000,000 are deposited with Comptershare and 'reserved' for issuance as incentives...with a floor price for issuance of $0.25)

So

3Db Shares plus Warrants 

Shares-
Current             14,489,537
Warants-Current             1
,095,770
TOTAL                            15,585 307


According to my calculations...
today's filings dropped 3Db BELOW the 
16,864,692 Insider status....with a bullet.

Math corrections??

Is today the day they disappear into the sunset???


Comments?
Comment by Damn1212 on Aug 10, 2021 6:29pm
Sorry Boralis  I know you dont like my opinions but here it is  You may be wrong , you may be right .... Im not sure the calculation rules for insider status.  The one thing I do know is the price is down and them falling out of insider status isnt a majical fix to get the price up ... 
Comment by Tcwtaeugene2 on Aug 11, 2021 7:08am
https://www.sedar.com/GetFile.do?lang=EN&docClass=30&issuerNo=00029813&issuerType=03&projectNo=03246270&docId=4997930 Math correction. read this carefully AUbo Have a good day Eugene
Comment by Tcwtaeugene2 on Aug 11, 2021 7:33am
By the way, you'l have to wait until 3DB shares fall under 3% before the Dbros disapear under the radar thus they are done selling all there shares except for the 8 Million shares held by computer trust.
Comment by mississauga1 on Aug 11, 2021 8:09am
@ TCW  even the 8 million shares count in the calculation towards the share count...  So they may stay insiders for a long time.  You read yesterday all the facebook cult guys saying they are already out of insider status , same day they File SEDI insider selling report LOL  The Facebook cult guys will say anything to make themselves feel better 
Comment by ScarletSpider on Aug 11, 2021 8:57am
it looks like you got that reversed you are the one yapping everyday numerous times a day on this board spreading misinformation!!! I strongly suspect management has you and others on ignore because you guys constantly want to deny what you are told. But don't worry the truth as to what has been told will come out with full fury with a way stronger share value and people are best to tune you ...more  
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