Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a leading augmented reality (“AR”) experience technology company, today announced that CEO Evan Gappelberg purchased a total of 262,744 shares through the exercising of warrants. According to the update, the purchase increases his ownership to 9,861,510 common shares. “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,” said Nextech CEO Evan Gappelberg. “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.”
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About Nextech AR Solutions Corp.
Nextech develops and operates augmented reality platforms that transport 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 ecommerce platforms, VacuumCleanerMarket.com (“VCM”), InfinitePetLife.com (“IPL”) and TruLyfeSupplements.com (“TruLyfe”), as well as VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon. For more information about the company, visit www.NextechAR.com.
NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://ibn.fm/NEXCF
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