Nexoptic Technology Corp V.NXO

New Team??

[WED1955]

Maybe they should promote the janitor to head of sales, software engineer, and marketing. 

Probably been there the longest. 

Couldn't do any worse.

[Maxmoe]

Since 1212 has more shares than anyone, including anyone in management or on the board, he can take every position he wants. He definitely has more shares than you, me, and "THEY" do. 

[Maxmoe]

But I've been thinking maybe I should buy some at 3 and sell at 4. Nice 33% gain. If only I can remember to SELL. 

[Damn1212]

ohh yeah with these huge Trading volumes ... you could net yourself a 10$ loss once you count trading fees LOL  GOOOO NXO !!! 

[Damn1212]

@ Wed  You do know they have no offices right LOL  They have a po box ... LOL  No real office.  Paul the CEO stays Home all day drinking coke cans in his underwear with his fluffy hair all messed up.  LOL

[Maxmoe]

Hey, whatever floats your rubber duck. So again I wonder.... Who are "they" ?  

[WED1955]

@D12 PO Box got taken away.  Couldn't pay their fees lol.  

[Damn1212]

@Wed  Watch out , our friend will get upset we pointed out a fact about his dear company NXO.  No physical address  No response to any shareholder  No employees  No website for te team tab past 6 months.  Ohhhhh Yeah !!!! Nxo #1 !

[WED1955]

No kidding lol. Would take a miracle at this point.  Maybe that's what they're working on...  coming up with another narrative.  Getting pretty hard...running out of long shot ideas. 

[Damn1212]

@ Wed  They used up their 9 Lives ( or is it lies ) Already  Telescope -  new narrative blade optics  New narrative cell phone lenses  New Narrative Double take  new Narrative Aliis  New narrative nexcompress  I mean its pretty clear what is happening here 

[Maxmoe]

So sell? It's been years since it was $1.20 and you started bashing. Just using the myopic tsx volume, nxo traded 3,008,996 on august 21,2023 and on September 11,2023 it traded 5,189,290. That's 8,198,286 shares on just 2 days. Recently. Only counting the tsx volume. No USA volume either. So make up some more stories, the old one needs to be put to rest. And yes, NXO is a horrible

[BarstoolSage]

You should be pleased with their cost cutting program DD...no revenues, no expenses....there is hope in there somewhere with such smart management moves :>) Now, if they only capitalize on that LOL

[Damn1212]

Barstool  Unfourtunately those are peanuts compared to the 300k a year salary Paul the CEO gets for doig what  ?  What does the guy do exactly ?  Moe ? 300k ? What does Paul do to merit 300k salaray ? 

[Maxmoe]

Nobody deserves 300k salary at NXO. As you 100% know already, nobody is actually being paid $300,000 in salary. Because they don't have any money as of last published financials. If they ever publish year end financials which are not overdue, yet, then and only then, we will know whether it is still a fact nobody was paid $300k. Not even the largest shareholder by far ! No, not Paul. That

[Damn1212]

Moe Moe Moe  Still here Defending NXO a Company you admit is Garbage which you dont own.  So please sir , What is Paul's Salary since you seem to know soo much ? LOL 

[Maxmoe]

No matter how often you make stuff up, it's still not true. I never said I knew how much anyone was paid. You are the one throwing around $300k you pulled out of somewhere. Based on known fact, nobody was paid that much. They had no cash. But you know all this. Zzzzzzzz. Come up with some other way to attack me.  Again. Repeat in a mirror. Calling you wrong, when you are wrong, is not

[Roadrunner71]

Why or how is this “company” still functioning on different stock exchanges after seven years of nothing? That's what I want to know. Anybody have any answers?

[Maxmoe]

Since you asked. Same as most of the penny stocks found on the tsx venture, the cdnx and other alternate markets in Canada and on the pink sheets in the USA like NXO. Same as you XTRA. Yes it has a few $ of revenue, but the annual losses are huge. And have been for many years. They all survive on "potential" and access to raise more and more and more capital. Seven years a magical number

[Roadrunner71]

The difference between NXO and XTRACT ONE is that X has actual customers and revenue. That should be obvious to even you. Revenue for X is up over 300% from the last quarter, and lots more customers signed since then. Now let's look at NXO's,prospects ......oh dear, let's not.

[Roadrunner71]

Oh yeah, I almost forgot, Xtract's CEO actually talks to investors through emails and YTers. Where has Paul been the last couple of years? Meet Peter Evens, CEO of Extract One, enjoy. Interview with Xtract One Technologies CEO Peter Evans - YouTube

[WED1955]

True. Mind you big Rich to talk to us....and...well....we all know where that went lol. But for sure, think we'd all fall over if  Paul come out and said something worth while...something true and accurate.  I guess we expect too much???

[Maxmoe]

And his pay package? He lost $16 of shareholders money last year, and has accumulated losses of $135 million. Of not his money. So sorry, I see no difference other than he's not done milking his shareholders yet. At least Nxo is done because not even 1212 or 1313 will buy more stock

[Maxmoe]

Both will be bankrupt very shortly without more capital being invested. You gonna buy more? You know it's true. If Nxo had that revenue and those expenses, you'd be screaming. How much does the cro het paid at xtra, a company that has lost millions every year for what? 5?10?more? Years???  Cmon. It's the exact same situation for over 90% of the penny stocks. 

[Roadrunner71]

@moe quote " If Nxo had that revenue and those expenses, you'd be screaming."  Screaming for joy, moe, screaming for joy. Thanks moe for the funny, now do another one.

[Maxmoe]

Sorry but investing your hard earned capital in a company with 4 million in revenue and 20 million in expenses is mathematically identical to 0 revenue and 16 million in expenses. But , sure, good luck. Keep laughing. 

[Maxmoe]

I stand corrected. Xtra is worse than Nxo financially believe it or not. Nxo has accumulated losses of 85 million. Xtra 135 million since it's sad existence and it looks like it's all operating losses. Not bonehead stock based acquisitions. That's worse. Much worse. Nxo lost 4 million in their last audited financials, xtra lost 16 million. How do they stay in business losing 16

[Roadrunner71]

Xtra revenues are increasing more than double per quarter, and you "think" that's bad? But since you seem to have some sort of need to have the last word, over to you. I'm done with this one.

[Maxmoe]

I truly hope it works out for you. Just as I hope nxo works out for long suffering shareholders here. My point is/was that nxo is like 100s if not 1000s of other penny stocks. Most will fail. It's not at all unique and not much different from the one and only other stock you post about.  The question was asked how does nxo continue. "Anybody have answers" includes mine even if

[Maxmoe]

Quick trip to sedar I see they filed for a $50 million financing. Too funny. No, I had no idea when I said they will need to raise a lot of capital to finance thos huge losses. Should we buy the deal or wait for it to trade lower? 

[Maxmoe]

Ok,ok,ok. I'll stop after this. I really, really recommend you read the final short form prospectus to appreciate the dI,ution and risks faced by this typical tsx venture penny stock. And again, I wish you nothing but vast riches. Better read the info circ filed on October 30. Or read it again if you haven't. Nobody knows what Paul is being paid fir 2023 because the annual reporting

[Damn1212]

Moe  The point you are trying to make is what ?  All companies on TSX V are trash ? 

[Maxmoe]

Most will fail. A very few will be 40+ baggers. It's a box of chocolates. There is no nVidia or Tesla or Amazon. But there is also no Enron, Worldcom etc. "trash" would be a harsh opinion. "All" is also extreme hyperbole favoured by anonymous posters on a social media platform. Translation. "Don't bore me with facts, I've already made up my mind". LOL read

[BarstoolSage]

No, I think the point MM is making is that revenues is not the operative number but profit is. As long as expenses far exceed revenues, the losses must be financed by new capital...either loans or equity. Full stop. And I actually know of a company...name witheld...that had been "emerging" for 44 years, as long as I have been in business...and I am going on 70...until finally

[Damn1212]

Barstool  im not sure that makes NXO any better ...  A company that has revenue but a loss can try to adjust to make a profit.  NXO has 0 sales ... LOL  In my Books a company with 0 sales is the lowest of the low in the spectrum. 

[BarstoolSage]

In fact, NXO would be better if instead of reporting a 16million dollar loss, it reports a loss of that $300k in salary you say is (not) earned by the top dude. A company with zero sales can also adjust to minimize costs....a company generating sales must have operations and a sales team that must be fed...so less room there But in an absolute sense, NXO is currently a total loser company no

[Maxmoe]

Couldn't agree more. Now layer on the enjoyment in the suffering of others and we're almost there.  schadenfreude I do believe, with just a sprinkle of narcissistic oblivion to the plight of others.  A buddy of mine adamantly justifies his trips to a casino as "entertainment" and a bargain compared to say good seats at a major sports event. But I've never found

[Damn1212]

Bar  Please explain how a company with 0 sales can cut costs and become profitable ?  Exactly ... .. The company with sales has a chance to cut costs to become profitable.  The company with no sales has 0 chance. 

[BarstoolSage]

Easy. While Company A is operating and losing many millions trying to become profitable, company B with zero, nada, zilch in sales pares down to the bone, keeps one or 5 key employees, pays them in shares, and tries to gain contracts. Look, neither Xtra or NXO are in any way good investments. They are gambles. You use "play money" if you want shares They may once have had good stories,

[Maxmoe]

Smart lady was just on BNN talking about small caps in USA. I learned something today, so I'll share. There are 2 prominent indexes in USA small caps. The s&p 600 is the "next 600" after the large cap s&p 500 that I invest in. I did not know that index screens for profitability. Sorry 1212, sales alone don't cut it. I'm adding an etf to my watch list for that index

[Damn1212]

This post has been removed in accordance with Community Policy

[Maxmoe]

And you own 10 million shares. CONGRATULATIONS!!!  I bought and sold within a week and made money, but it was peanuts compared to 10 MILLION! We have a winner! Next round is on the big winner ! Wahoo!! Party On ! 

[Damn1212]

Im Saying we both agree that NXO is a zombie company. And zombie companies are gardbage.  Why you have to put me down ?  If we both agree then thats a good thing. 

[Maxmoe]

I'm sorry you feel that way. If I disagree with some of your more outrageous sweeping statements, or point out the most glaring errors that look flagrantly intentionally misleading, I'm not "putting you down". I'm either disagreeing or correcting you. And that's a good thing. Your personal attacks aimed at myself or anyone else that disagrees with you certainly doesn'

[Damn1212]

If anyone puts down shareholders its not me !   I still think NXO did us wrong. 

[Damn1212]

How much deficit does NXO have ? as of Dec 31 2022 it was 89 053 768 $  So not at all better in my opinion 

[Maxmoe]

Nobody said it was better. I said they are not much different than a thousand other penny stocks. That what you are misrepresenting? But since you threw out the unsubstantiated opinion, I'll gladly trigger you with a response. And you can misrepresent that as defending nxo when in fact I'm disagreeing with your opinion.  Again. The vast majority of the deficit in nxo arose from the

[Maxmoe]

Sounds about right to me

[Maxmoe]

LOL. Good one wise owl. I doubt the (whatever he is) will ever be pleased about anything. Until it's gone. Soooooonnn! 

[Maxmoe]

No response to you and your other usernames. "We" know of at least 2 replies received. How many times must you be corrected?  Can You Please Explain why anyone who's posted 1000s of bashing posts, over several years, across several platforms, using innumerable usernames, owns millions of shares and has never sold a single share? None! Enquiring minds want to know. I confess, I