Nextech AR Solutions (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) CEO Evan Gappelberg was interviewed during the latest round of Power Play by Market Herald interviews. During the interview, Gappelberg discussed the company’s latest press release regarding his recent purchase of 72,656 Nextech shares. Gappelberg made the purchase through the open market for an average purchase price of $1.40 per share. With the move, the CEO now owns more than 10 million common shares in the company. In addition, the company announced that it is offering its customers greater flexibility by starting to accept major cryptocurrencies, including Bitcoin, Ethereum, Litecoin and USD Coin, as an optional form of payment. According to the announcement, Nextech anticipates that crypto economies are the next emerging market, with crypto becoming a major payment method in the Metaverse. Nextech is a Metaverse company that develops and operates augmented reality (“AR”) platforms, transporting 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. The company is partnering with Coinbase Commerce to make the payment options available. Nextech also noted that it is evaluating additional payment options and may accept more cryptocurrencies moving forward.
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About Nextech AR Solutions Corp.
Nextech AR Solutions is a Metaverse company that develops and operates augmented reality (“AR”) platforms, transporting 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 for the Metaverse, 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. For more information about the company, please 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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