TheTiminator (3)
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December 04, 2019 - 12:39 PM 184 Reads
Post# 30421453
AGM Summary
Hello all, I have been a shareholder since 2016, but have steered clear of posting here of late since stockhouse is such a "shot" show. I went into yesterday's AGM with many doubts and worries, and all concerns were addressed. To say Rich Geruson is a class act is an understatement. You could tell he was surprised that there was concern about his commitment to NXO from his board appointment at MindHeart. His role there is entirely for altruistic and personal reasons, and is not about the $. Fortunately, his role at NXO is definitely about the $, and he is extremely excited to be on board. He is definitely not going anywhere, and we can all thank our lucky stars (and the great turnout of voting), that we have him on board. Rich, Paul, and Kevin Gordon (absolute genius, btw) fielded and addressed all questions put forward at the AGM and after. They will be at CES in Vegas in early Jan, not in a booth but will be holding targeted meetings in a conference room and unveiling the prototype with production to commence shortly thereafter. There will be a pre-sale starting around this time, and they are counting on that to be a big contributor to revenue. They did state that they have enough $ to get through Q1 2020, but reading between the lines it does seem that they expect commercialization of ALLIS and the pre-sale to be big contributors. I would also expect a capital raise, but I believe the conditions for this won't be an issue. The new DT lens system is even better than the original science experiment of the flat lens tech. The optics pros who are testing the lenses are absolutely blown away and haven't encountered anything like this before. Some of the comments were the range, clarity, resolution, etc., and in a form factor that is so small. Also, battery life has been improved by 30-40% over the previous version. The new version they also believe is patentable, scalable, and can be used in all other applications previously mentioned. NXO is also committed to a whole line of products and an entire brand- not just the DT and ALLIS. The mobile lens is not the focus right now, but may still be in play in the future. There will be meetings with phone co's where NexOPtic will determine where the future of cell cam tech is going and how NXO can meet those needs. Marketing...that has long been an issue for the company. There are new renderings and photos being taken, the website will be updated and there will be a full social media campaign in swing, with the help of influencers and also, all of us shareholders. I have to hop on a plane now, but hope this helps! I am a little jealous of newcomers to the NXO story, as now is a terrific entry point. There are many of us who have been through hell but we are on our way back! Good luck to all. The Timinator
Read more at https://stockhouse.com/companies/bullboard#U1II7mwqD0XRhpjY.…
also kanns dann endlich losgehen im Januar
