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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 > More shares for debt issued
View:
Post by BarstoolSage on Jan 26, 2023 9:07am

More shares for debt issued

NEXOPTIC TECHNOLOGY CORP. ("NXO")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 24, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing of the Company's proposal to issue 1,589,846 shares to three arm's length parties at a deemed price of CAD $0.065 per unit to settle the outstanding debt of CAD $103,340 and issue 5,132,626 shares to a non-arm's length party to settle outstanding debt for $ 333,620.70.

Number of Creditors: 4 Creditors

Non-Arm's Length Party / Pro Group Participation:

Creditors # of Creditors Amount Owing Deemed Price Aggregate #
per Share of Shares
 

Aggregate Non-Arm's
Length Party
Involvement: 1 $333,620.7 $0.065 5,132,626

Comment by Damn1212 on Jan 26, 2023 10:26am
Yaay !!!  Dilution !!  You must be happy !!  Shareholders rejoice ! LOL 
Comment by BarstoolSage on Jan 26, 2023 1:46pm
So Stepworth Wives of you when you say this emphatically oh and instead of LOL add "and you will like it"  The KTDO financing may be necessary to get to the date where we might see Hyundai Henry after all
Comment by Damn1212 on Jan 26, 2023 1:52pm
@Barstool  No Idea what you are saying  ! 
Comment by BarstoolSage on Jan 26, 2023 8:30pm
Stepford Wives were programmed to acquiesce Keep The Doors Open financing