Nexoptic Technology Corp V.NXO

Oupps - Fins out for JUNE 30TH - Who was right ( again )

[Damn1212]

OFF STATEMENT OF FINANCIAL POSITION ARRANGEMENTS

At June 30, 2024, the Company had no material off statement of financial position arrangements such as guarantee contracts, contingent interest in assets transferred to an entity, derivative instruments obligations or any obligations that trigger financing, liquidity, market, or credit risk to the Company.

PROPOSED TRANSACTIONS

The Company does not have any proposed transactions in process other than as discussed elsewhere in this document.

[Damn1212]

Limited Operating History The Company has incurred losses since inception and is expected to continue to incur losses. As such, the Company will be subject to all the business risks and uncertainties associated with any new business enterprise, including undercapitalization, cash shortages, limitations with respect to personnel, financial and other resources, and lack of revenues. The Company’s

[Damn1212]

Lack of Operating Cash Flow The Company currently has no source of operating cash flow, which is expected to continue for the near future. The Company’s failure to achieve profitability and positive operating cash flows could have a material adverse effect on its financial condition and results of operations.

[Maxmoe]

I got my popcorn. Please explain what this means. You know, dumb it down for us. Did you actually write this run-on sentence full of grammatical oopsies ? Clearly you've assumed it's something negative or you wouldn't have "low lighted" it. Or maybe you have no idea what it means ?