x min read

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

BPS initiates coverage on Nyxio Technologies Corp (OTCMKTS:NYXO)
Written by
Aaron Smith
Published on
October 29, 2014
Copy URL
Share on LinkedIn
Share on Reddit
Share on Twitter/X
Share on Facebook

On 27th 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."

Signup now to receive the next BPS alert by clicking HERE

About BrilliantPennyStocks

BSP provides sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. BPS provides alerts to investors and traders on stocks that could potentially breakout. To obtain text message stock alerts service, text the word Avauncer to 95577 from your cell phone. Additionally, BPS provides market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks.

Disclosure: BrilliantPennyStocks is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Always seek help from a professional financial advisor (I am not one). Please visit http://brilliantpennystocks.com/disclaimer/ for complete risks and disclosures.

Discover Hidden Gems

Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.