Nexoptic Technology Corp V.NXO

No revenue whiners…

[Quatro]

It was announced May 19th that Nexoptic was on Qualcomm 778g. These financials end June 30th. That's 41 days. It would take on average 60-90 days for  Qualcomm to be paid by an OEM, then in turn 60-90 days for Qualcomm to pay Nexoptic. That's 120-180 days for revenue to flow into our bank account. So please tell me how you would expect to see revenue on a financial statement after 41 days?

[Researcher203]

Excellent Point Quartro, I agree. The Qualcomm 778G 5G SoC has been incorporated into the following phones. Note that none of these phones were on the market at the end of June.  Currently only the EDGE, HONOR and REALME are on sale in China as of today August 31, These phones are not expected to be available in Canada until September or sometime thereafter.  Honor 50 Honor 50 Pro

[Galvatronx14]

Researcher: Would deals not have been signed though prior to phones going on sale and therefore show up in accounts receivable? Just inquiring maybe that isnt how it works. Any insight/explantions would be appreciated. thanks

[Damn1212]

@Galvattronx  The way it works is when there is a sale it sown up under Accounts recievables in financials.  As you can see, the company even says there is no cash flow for now and future 

[Galvatronx14]

Thanks damn. So if there was something we should have seen it , correct?

[Damn1212]

Hi Galvatronx  Correct  Not to say its not coming but for that perioid sadly no sales 

[slowandeasy]

Damn1212- You ding bat. How do you know there are no sales? Obviously there are sales. DUUURRRRR! I bet your veggie garden Blanked the bed too. Mine rocked. Show me the veggies. Ya, got a pic. or you just full of it?

[Galvatronx14]

Slow and easy what is your issue? all you have done since getting on the bulletin baord today is call people names and insult them. All we are doing is having a conversation. Speaking of old news every link you posted today was old. What gives?

[slowandeasy]

Galvatronx= Do your homework. Not old news. Give me a break. Expresso today.  I went a little overboard.

[5rockies]

Damn1212, the positive side of you wants to correct you "no cash flow for now", nothing is said about the future.

[Galvatronx14]

I think the point is that for these phones released in June, contracts would have been in place and something would have shown up in the financials and/or MD&A, if ALIIS was on these phones.

[Damn1212]

@Galvatronx  Yes and no ...  Who knows what the deal is if there is one in place...  Maybe the revenue is established at the end of the year based on the number of phones / chips sold...  Who knows really LOL 

[Galvatronx14]

Good point Damn!

[Researcher203]

Galvatronx14, this the problem.  No one on this bullboard has ever confirmed or posiibly even knows the terms of the agreement with Qualcomm.  Everthing is speculation from no deal, to conditional deal, to just permision from Qualcomm to make a separate deal with 3rd party phone vendors as an option to add ALIIS to the chip.  The fact that Qualcomm has featured ALlIS in it's

[slowandeasy]

Boy Galvatronx14. Ia 14 your age? 778g old news. Qualcomm phone has Aliis aboard. Nvidia Jetson has Aliis aboard. Go to their sites and check for yourself. Homework buddy. Get A's this year.

[Galvatronx14]

Not sure that is called for slowandeasy. When have I ever insulted you for you opinions and comments?

[slowandeasy]

Galvantronx- Ohhhh! I'm sorry. So you are not 14 then. I was actually hopeful for you. It wasn't a dig. LOL. Ok, you deserve a hit back. Go ahead. I can take it. Kinda.

[Galvatronx14]

Thanks for your insight research. Much appreciated!