Nextech AR Solutions (Nextech) (OTCQB: NEXCF) (NEO: NTAR) (FSE: N29), one of the leading augmented reality (AR) experience technology companies with multiple growing business including; AR advertising, eCommerce, EdTech, and virtual plus hybrid conferences today announced that CEO Evan Gappelberg purchased a total of 262,744 shares through the exercising of warrants.
This purchase increases his ownership to 9,861,510 common shares.
Nextech CEO Evan Gappelberg comments “I continue to invest because I’m extremely excited about our business prospects and don’t believe that our current share price reflects the upside potential of our businesses. In 2021 we are continuing to broaden our customer base with associations like; WMFHA, FSNA, Kallen Company and many others, and are seeing strong repeat orders from Bell Canada-Virgin Mobile Canada, UNESCO, Ryerson, Luxottica and others. I see a huge opportunity to cross sell our AR into the multiple markets that we operate in and feel that we have only just scratched the surface of these markets. I’m investing today because I see many years of strong forward growth ahead”.
About Nextech AR
Nextech develops and operates augmented reality (“AR”) platforms that transports three-dimensional (“3D”) product visualizations, human holograms and 360° portals to its audiences altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences.
Nextech focuses on developing AR solutions however most of the Company’s revenues are derived from three e-Commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon.
The NEO has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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