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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 > Question is????
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Post by WED1955 on Nov 23, 2022 2:55pm

Question is????

Question is...Are the proceeds from the stock issuance going towards something that can actually generate some revenue ....or is it to pay themselves???
Comment by Blueshoes on Nov 23, 2022 3:11pm
Pay themselves with their own money???
Comment by Damn1212 on Nov 23, 2022 4:27pm
@ Blue  Out of the 2.2 Million how much is their $ ?  Thats right ... Very small fraction of the 2.2 Million ! 
Comment by Blueshoes on Nov 23, 2022 5:19pm
Paul had put 330k of his monies when we didn't know how they were being funded
Comment by BarstoolSage on Nov 23, 2022 5:23pm
Yes part of the raise is going to pay insiders so it is keeping them inside our doors. I have so little at stake but like Darndude I have been here in out in times a long time long time (double take yuk yuk) and a long time before that before Spectrum came in 100% with the specious flat lens  I'm a sucker for the story and I just wanted to keep a toe in But no chaChing yet and nothing ...more  
Comment by Damn1212 on Nov 23, 2022 7:01pm
@barstoole  Yes one last raise , I agree. Im even surprised they raised 2.2 M $. Its telling they didnt raise the 3.2M they announced. another #Failure for NXO.  Market has clearly said " show us revnue or else"  This is wny weve been down from 1.20$ to 6 cents.  At least Insiders will loose $$$ too if they close shop now that they bought in. 
Comment by ratsnake220 on Nov 23, 2022 7:46pm
damn only 2 insiders participated....no one else bought in.......Board wanted the money and two insiders said to RG....okay give us 5 cent share and we will give you 2.5 millon....if you dont RG...this goes down now...Insiders thought they could get their money out and maybe a double at .10 a share...thats 2 million profit....and the company now has doubte the shares in the float...pretty sad
Comment by Damn1212 on Nov 23, 2022 8:11pm
Yea  Their shares are frozen until March ...  Lets see what happens  I didnt see paul put any money yet ... 
Comment by ratsnake220 on Nov 24, 2022 1:27am
looks like 2 insiders own 50% of the shares of the compnay.....The PP for them was at the right to buy the company with 5 cent shares....and of course double the the share dilution so the rest of the nobs o the street are left holding the bag when the board of directors get their $200,000 each from the PP....Thats my read....anyone beg to differ on the anlalogy
Comment by Maxmoe on Nov 24, 2022 11:16am
Yeah, it's spelled analogy, and you are all that except the last 3 letters.
Comment by Maxmoe on Nov 24, 2022 11:57am
Comment by Maxmoe on Nov 24, 2022 12:01pm
Any evidence for your defamatory libelous statements? Of course not. Because I said so is not evidence. It's actually an admission of guilt if used in court.
Comment by ratsnake220 on Nov 24, 2022 8:18pm
yes they have a call option at 5 cent shares that the 2 of them can dump in March...i mean i never ever seen pp that was not a brokered bought deal .....this one was a inside job....you give us 2 millioin and you control 50% of the company.....and can sell you 5 cent shares maybe for .10 in March and make 2 million.....pretty simple....oh yeah the bagholders will then watch us file for bankruptcy
Comment by Maxmoe on Nov 25, 2022 3:06am
Your stupidity knows no bounds. And as usual your libelous defamatory nonsense lacks anything remotely resembling evidence. Just regurgitation of hateful lies and misdirection.  So, why are you here? Nobody believes your outrageous lies Pinocchio. Even that kid grew up and moved on with his life.
Comment by Damn1212 on Nov 23, 2022 4:37pm
@ Wed  Question is  Do we believe in miracles ! ?? LOL  Yes we Do ! 
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