Jan 17, 2023
Nextech AR Solutions (OTCQX: NEXCF) (CSE: NTAR) (FSE:
EP2) is a diversified augmented reality, AI
technology company that leverages proprietary artificial
intelligence (AI) to create 3D experiences for the metaverse. Its
main businesses are creating 3D WebAR photorealistic models for the
Prime Ecommerce Marketplace as well as many other online retailers.
The Company develops or acquires what it believes are disruptive
technologies and once commercialized, spins them out as stand-alone
public Companies issuing a stock dividend to shareholders while
retaining a significant ownership stake in the public spin-out.
On 10/26/2022 the Company completed its first spin-out of an
augmented reality wayfinding solution company
called ARway, (OTC: ARWYF/CSE: ARWY). The
Company owns 13 million shares in ARway and distributed 4 million
shares to Nextech AR shareholders.
On 12/14/2022, the Company announced its second spinout
of Toggle3D, an AI-powered 3D design
studio to compete with Adobe. Toggle3D is expected to be public in
the first half of 2023.