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All this hype.. revenue collapse. very telling..
NexTech.. one the most expensive 3D model producers... retaining contracts is and will be difficult
REVENUE Q (MILLIONS CAD):
2022/10: 3.012
2022/07: 3.235
2022/04: 3.484
2022/01: 7.049
2021/10: 5.525
2021/07: 6.092
2021/04: 7.727
2021/01: 7.002
NET INCOME TTM:
2022/07: -31.14
2022/04: -31.14
2022/01: -32.62
2021/10: -30.77
2021/07: -27.27
2021/04: -23.41
2021/01: -15.59
Lol yea that's pretty obvious
Think we agree
Companies who want quick ar/vr solutions will go with NexTech.
I agree they are a trusted provider. In the long term they will be phased out by the general providers
IMO none of those definitions are accurate. Metaverse will be huge (even for most people who currently think it wont affect their lives).. by the time its huge, no one will remember NexTech...
I dont deny NexTech's revenue increasing even tripling in the near term.... (kinda first mover - stock price could skyrocket and flippers could make a lot)....
But long term, this stock price will be destroyed and disappear.
So flippers be aware, we may not see higher highs...
Smart money, is big money
Agree with you.
Already, some people literally have lived in the metaverse using all kinds of technology not provided by NextTech.
The business model here is fundamentally flawed. Many leaders far ahead of NexNoTech - it's a cheaper 'product' than investors here think only to get far less costly for consumers over the next decade.
As long as world population and inflation continues to grow - up goes amazon! Its really that simple
Agree, everything goes up but this stock price!
You've been scammed. Get ready for crash
You make no sense... this thing going down whether you like it or not
This is crap. Dont be scammed.
Going to zero be careful all
Yeah amazon is great. Many others suck (like tesla)
For sure. Short Aurora... it was an easy short 4 years ago also
Noooo. In past few years this company owes so much money to shareholders and banks... this will head lower.. my call is on bankruptcy sometime in the future
True I might as well buy them tooo... lately, hype has been such a hige price driver for many stocks... I wouldnt doubt it could go higher. Imo tsla sucks tho - will see all time lows [sometime]...
Meanwhile.. other other companies: ford, gm, toyota... will see all time highs
Tesla sucks hope they go down. What a bad investment frok the start
I dont think it will go that low... if it does ih well! I know its gonna get back up to these levels and triple soon
Doubtful. All that's here could be programmed very cheap. Lots of competion is also on this side of the planet... NextNoTech expenses way to high.. scams here have ripped so many people off. Good luck to all
JBZY shell worthless for any real company.
Great for other scam shells
previous ticker here (DOLV) had tons of scam insiders holding shares.. the story of JBZY was an easy way to kickup volume for the rest of the holders to dump and take profits.
And now, both old and new scam insiders are still likely holding millions of shares.
So either a good company comes along and hits the reset button on everyones shares.. or...
Agree about TESLA for sure but amazon will see much higher highs.
Two different stories
Wang here wang there.. never existed.
Its been proven time and again many wangs exist.. none have ever been attached to this body.
Key involvement in this scheme factually perpetrated on the China side...
Anying Huang and Frank Wolf
investorshub.advfn.com/boards/read_msg.aspx?message_id=140572049
investorshub.advfn.com/boards/read_msg.aspx?message_id=139000403
investorshub.advfn.com/boards/read_msg.aspx?message_id=139001477
Frank had tons of auto experience prior: BMW, VW, Porsche, Volvo. The perfect expert. https://cn.linkedin.com/in/frank-wolf
In the beginning, all we needed is a little help from these two and the grand scheme sallied forth
Some investors here have lost tons. You can only blame one.
all just fictitious characters.
can only go after these few characters, everyone else is a ghost. The ones most blammed dont even actually exist
ACB was never worth as much as it was on the day of Canadian legalization... a huge milestone pumped by Aurora.. insiders quickly sold off making tons of profit at the peak. Who bought these shares? The deceived...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144452321
Quality
Seriousness (to much funny business kinda hurts the business)
Advantage - no serious advantage over all other auto companies
NEXTECH To Spin Out ARitizeMaps / ARWAY
JUNE 3, 2022
nextechar.com/press-releases-and-media/nextech-ar-to-spin-out-real-world-augmented-reality-spatial-mapping-platform-aritize-maps
Nextech and PC 1 Corp. are pleased to announce that they have entered into a binding letter agreement which outlines the general terms and conditions of a proposed transaction pursuant to which PC 1, a capital pool company listed on the TSX, will enter into a business combination pursuant to which it shall acquire the assets of ARWAY. The principal asset of ARWAY is an application currently called ARitize Maps, a No-Code Web Based end to end Metaverse Creator Platform.
PC 1 has not commenced commercial operations and has no assets other than cash.
The Transaction is currently expected to be structured as a share purchase of all of the issued and outstanding shares of ARWAY by PC 1
Yeah then dont need/have a fully developed metaverse... nobody really has this yet..
dozens of massive companies are working on it. When it's finished, will contain every feature NEXCF sells at a fraction of the cost
"It will be a decade until we make money off the metaverse" Mark Zuckerberg
Where will NEXCF be by then?
Nextech's dime in a dozen in terms of availablity and scale of technology for practical use cases of business AR/Metaverse... at least 11 other dimes doing the same thing.. thousands of pennies developing same technology opensource continously.. while the loonies and toonies invest heavily in research bringing the tech to the next level for seamless integration across existing platforms to in the end.. hopefully make more money - Google, Facebook/Meta, Microsoft
Lol we dont have to?? There are many competitors out there that can easily do every same thing Nextech can do
The main business of this company is not selling cannabis, it is selling shares.
Overvalued. No money here. NEXCF services will someday be accessible, free to all, provided by the many big tech giants heavily investing in these technologies/concepts.
this is reason the stock has performed awfully last 2 years ($6/share to under a dollar) ...
Company is spending/investing way to much to provide/develop a technology that will make no money in 5-10 years time.
Even if money can be made in the present... Stock is heavily reliant on the forecast of the future..
Thus holders are dumping, while promoters are pumping and prospective buyers aren't giving in to owing at overvalued prices
Still way overvalued. Nextech has no product for the future. Down we go.
Do you still rhink thos wasnt just a big scam?
Hey but wont they just sell more in the future
This little app will be even more useless once Shopify essentially integrates the exact same features seamlessly. No app like this is required. Anybody can recreate NexNoTech technologies..
Shopify is bringing Augmented Reality functionality to it's merchants via the Shop app! Our AR/3D Software Engineers are building core features that Shop will use to power Augmented Reality experiences.
So far, only two reviews for this Shopify app.. both are by companies NEXTECH owns!
https://apps.shopify.com/aritize3d/reviews
For a company with 200+ employees.. market for this is small while competition continues growing high.
Revenue and higher margins are what they are moving to, not the value brands nobody makes money on
value brands nobody makes money on
we can only hope revenue quickly reverses and continues to grow.
If it doesn't, then have a feeling smart money left will begin agreeing : there is no big money to be made here.
Technology services & renewable software licenses
Three months ended Sept 30, 2021
Revenue: $1,157,899
Three months ended June 30, 2021
Revenue: $1,661,033
30% revenue drop doesn't look look, simultaneously big tech competitors quickly entering the AR/Metaverse market..
NTAR losing contracts already
Let us see what upcoming financials reports depict.
Reward outweighs the risk. cover your losses.. Let's see what direction this goes