BPS initiates coverage on Nyxio Technologies Corp (OTCMKTS:NYXO)

On 27^th October’14, BrilliantPennyStocks.com initiated coverage on NYXO. The stock declined by 50% since the coverage was initiated.

Nyxio Technologies Corp (OTCMKTS:NYXO) last month announced that it has completed the process of acquiring previously announced buyout of software tech firm 212Db. The buying firm is based out of Portland, Orlando and is into the manufacture of new technology based smart TV and other wearable electronic devices.

The purchase of the software firm, which has developed new breed of interactive gaming platform, is a execution of Nyxio Technologies Corp (OTCMKTS:NYXO) recently published strategic road map to grow the company’s footprint in the global entertainment sector.

212Db latest offering is a popular gaming title knows as “Play Gig It and Rock This”. It was launched on the popular social networking site Facebook. The gaming platform offers its users a simulating platform that combines the best of gaming, music. It has helped 212Db establish multiple revenue streams through the monetization of the music and merchandizing related to “Play Gig It and Rock This”.

Nyxio Technologies Corp (OTCMKTS:NYXO) is also likely to benefit greatly from the partnership that 212Db had established with Singapore based tech firm Artivision. The buyout offers Nyxio with access to high potential patents; software skill sets and management expertise that will help it grow its smart TV platform.

Over the past few quarters, management team of Nyxio Technologies Corp (OTCMKTS:NYXO) had been alluding to the need of having a “in house software development and entertainment” division. Expressing happiness at the development, Company President, Chief Executive Officer, Chief Financial Officer, and Director Giorgio Johnson went on to explain that, "This is a natural fit for Nyxio Technologies, considering many of our products including our flagship VioSphere were developed with gaming as a major design criterion. Our dream of supplying turnkey hardware and software solutions for developers and aspiring musicians is now one step closer to reality."

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