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revenue here has always been growing.
For this period on financials, revenue actually declined for a first.
Slowly more and more NTAR paid features are becoming publicly available and easy to use provided by the big tech giants.
Will be impossible for NTAR to continue operating with expenses like this..
Revenue on the decline. Costs push higher... still no unique tech....
Three months ended Sept 30 2021
Net loss: 8,216,674
Three months ended June 30 2021
Net loss: 5,853,678
Lots of debt.. this company in trouble.
NextNoTech purchased Threedy.ai for generating models from photos.
https://www.crunchbase.com/organization/threedy-ai
$10 million to them from this CEO trying to make some more friends.
Nextech focussing more on CAD now (stock pumping) because customers knew the auto photo ai models were sub-par quality and no one was buying. Open source technology can easily mimic what Nextech acquired here... way overpriced garbage acquistion.
But CAD is a thing from the 70s... Next generation technologies (metaverse) will make converting CAD to 3D models pointless - which can already be done anyways using various free software
Will Sony charge money for every object scanned?
Will Sony spend a lot more on R&D to solidify and make this technology highly available?
Aren't all big tech companies working on the same thing?
Once there, who would pay Nextech any money for 3D models? No business here, just stock promotion. Overvalued
True, we're just thinking ahead.
Where's the revenue? When will it will come? Will it always grow? How far will it decline from there?
Four crucial obvious questions for first mover hype companies like this..
How many true investors (holding over 4 years) will jump aboard after formulating answers
No money here. To much fake hype. Way overvalued.
Perfect country/island showing how overvalued THC really is...
if all 500,000 population wanted to consume 1g/day worth of THC...
the islands total yearly consumption would be just under 200,000kg..
Can't one small company / greenhouse produce this much a year?
or just 200 outdoor acres at 1,000kg/acre?
aren't most still super profitable even if we dropped to $1/g??
as domestic production grows, and global prices decline, probably wont even
be worth it for many companies to ship it here - as such for the rest of Europe.
Prices declined 30% since CAD legalization, trend expected to continue much farther..
ACB market share and potential future revenue on the constant decline.
Overvalued
"1B valuation is multiples less than others"
While companies who's valuations are multiples less than ACB's are capable of producing the same revenue.
ACB's $200M/year revenue really could just be 50,000kg @ $4/g.
Hundreds of companies capable of 50,000kg production and they don't need ACB's $2.1B in assets..
share price in this industry is all about the market as a whole.
that market is still changing quickly.. only to get worse for stocks like ACB.
not in full agreeance with you here, they really aren't that clueless...
What 'collaboration' do you see though?.. Microsoft makes money off of apps on Azure...
Dozens of mixed-reality apps seen on market place:
https://azuremarketplace.microsoft.com/en-ca/marketplace/apps/category/mixed-reality?page=2&subcategories=all
Microsoft smart, they understand technological revolutions aren't happening overnight..
Learn from others, expedite global adoption... all just aids Microsoft's future plans in developing and standardizing this technology. And once that happens.. no one will need NexTech.. while we could argue no one needs them in the now..
https://www.microsoft.com/en-us/education/mixed-reality
NexTech always avoids putting price tags on products like this...
If a small company comes to them and they charge to much, they just walk away to find a cheaper solution.. or they create their own environment with something free like google AR..
But if a big company/school comes, NexTech knows they need to at-least try charging millions for the same product... CEO only cares about the stock price.. as a result business model and valuation here is way to messed up to recover
"the margins are just fine. Losses are going down as well, and new markets are coming into reach"
all true. but market share decreasing fast. faster than introduction of new markets. It's all about what's next here..
ACB decreasing TTM revenue:
2021/09 187.63M
2021/06 190.63M
2021/03 194.00M
2020/12 205.32M
2020/09 195.16M
2020/06 200.24M
2020/03 224.55M
2019/12 218.68M
2019/09 217.89M
market share has never has been inline with ACB's market cap (aka expectations?)... only looks worse, international competition growing fast.
ACB market cap... $1B... OVERVALUED.
market cap.. has fallen way slower than the share price last few years..
"standard commoditizing taking place"
very true - the underlying commodity being THC. What's the price of a "standard THC serving" ?
will always be flower, but good weed, bad weed, outdoor mass production weed.. pure THC can always be extracted.. affecting the commodity.
**
legal retail store (in ontario) slightly discounting:
https://puresunfarms.com/strains/jet-fuel-gelato/
seen for sale online OCS at $22.95 ($6.56/g) and can actually range up to 28% apparently.
- or $139.95 ($5.00/g) for 28g
https://ocs.ca/products/jet-fuel-gelato-pure-sunfarms
At an Ontario store nearby, they were just selling 3.5g @26% THC for $21 ($6/g).. How can low grade ACB weed demand keep up with the continuously falling prices and higher demand of high THC cannabis from other companies? are ACB's premium prices even worth paying for ($9+/gram) ?
ACB, Are revenues... decreasing?
But is it still a massive market for THC production?
"Sales of legal recreational cannabis in Canada totalled $2.6 billion, according to Statistics Canada"
$2.6 billion dollars of cannabis... is really just 520,000kg at $5/g...
Aurora once thought they could be the whole market...
Exactly, JBZY to cheap to sell. scam insiders trapped with tons of shares.. aka no one will ever want to buy JBZY stock or the whole dirty shell.
Metaverse will save companies billions and fortunately most wont even realise how they are paying for it.
Technology is simply evolving including the metaverse with it.
NEXCF products/services way overpriced, not enough customers, no unique tech!!! expenses way to high, overvalued stock.
Something about EV cars, swap stations, and ghosts
The invisible side..
The side investors actually bought into - SEC clearly doesn't care about that here.
The China story?
Watched that video and it reminded me of the tech most news networks and weather channels have had for years.
Nothing unique here.
For a promotional video... greenscreen quality, 3D models looked awful/oldschool. Can't do better than this?
Metaverse is a thing of the present. NexTech is to late, no first mover here, only the hype that comes with one.
Services by Google, Microsoft, Facebook, Meta, only to become easier to access.
How can NexTech compete with the R&D investments bolstered by big tech giants like Nvidia ?
https://blogs.nvidia.com/blog/2021/08/10/what-is-the-metaverse/
They wont, they'll just ride the tech until customers realize what they are actually paying for...
Not really? Richard, Fidler, easily defend themselves here.. just forgot to file some docs for shares they thought was payment.
SEC built a one-sided case for a reason.. what about the rest of the story?
Magnitude of what?
some random website no one has ever heard of mentioning NEXCF with Apple, FB , Microsoft, etc... ?
took a look at the author and website... barely any traffic, this pump piece you reference is meaningless.
So many other companies out there besides the big techs... NEXCF is just one
wonder why they don't need NexNoTech? Seoul has being doing cool AR/VR/Meta stuff for yeaaars - truly a leader for this technological adoption. NexTech has nothing to offer.
for good reasons, many companies and cities like Soul wont put their future on NexTech who only wish the metaverse was their monopoly.
show us something unique..
otherwise its a "service company", competition will be hard to beat...
price for services offered only to lower - nextech expenses way to high, customers going elsewhere!
why optimistic here? you can try getting the float.. but clearly Chinese owns most of it.. they wont be selling anytime soon.. friends/givers now under investigations
Chinese insider friends of RO and RF would be so rich from all the shares they still have
yeah hm what was the market cap at peak again?
impressed maybe but all that matters is the money.. pricey tech contracts are hard to negotiate and that's really what they need and wont get...
20% of revenue comes from the tech products..
just $1.5M.. NEXCF overvalued.
Net Income TTM:
2021/06: -27.27M
2021/03: -23.41M
2020/12: -15.59M
2020/09: -9.397M
2020/06: -6.709M
2020/03: -6.036M
2019/08: -5.388M
2019/05: -4.668M
That's great for them, Just where is the money in this? a pump piece, Apple doesn't care about NEXCF. Most of what NEXCF tries to sell can and will be found freely available
Give it a few years annnnd allll products here will be useless
NexNoTech "software bundles" trying to sell a bunch of apps already available for free.
NexTech hoped they could fool those with lots of money to burn with their insanely overvalued contracts (government, education, big companies).. but now becoming harder day by day.
NexTech to be lost in the metaverse
OVERVALUED
Net Income TTM:
2021/06: -27.27M
2021/03: -23.41M
2020/12: -15.59M
2020/09: -9.397M
2020/06: -6.709M
2020/03: -6.036M
2019/08: -5.388M
2019/05: -4.668M
Chinese were barely mentioned.. best to not mention ghosts in documents like this..
Will defendants here mention little about the Chinese side of things? or could this be the case?
Were Richard and Fidler fooled just like us investors?
Seems there's more to it...
Some wish we could after the others and maybe the China side of things.. Who knows what's planned next or how many there even were..
Trends Mergers site now gone completely.. everyone's in coverup.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157032196
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139612440
when mob stock fraudsters and successful MLM Chinese scammers meet
Selloff continues.. -20%... NEXCF market cap grew way to quickly (DISD pump fraud), taking employee count, expenses, and expectations with it.. future revenue here is doomed. Could be a profitable business to be in the near term.. but as a stock (for the future), unfortunately way overvalued.
10,000 new staff, massive datasets + AI investment, cloud infrastructure.. or some little opensource pipeline concept NexTech overpaid $2,000,000 for..
Think of how Microsoft Flight Simulator recreated our world with AI. In some instances of generation buildings look unbelievably lifelike.
The future is just scaling down these technologies until they can be applied in metaverse.. Maybe they already almost can..
NexTech tech is old school, nothing innovative