CEO continues to increase his position
Company hires executives from major technology companies including: Oracle, IBM, SAP, Cisco to support its ambitious Asia Pacific and Japan product rollout
VANCOUVER, British Columbia, Dec. 21, 2020 (GLOBE NEWSWIRE)
NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a leading provider of virtual and augmented reality (AR) experience technologies and services for eCommerce, education, conferences and events today announced that CEO Evan Gappelberg purchased 250,000 shares.
This is his fifth purchase for the year 2020
This purchase brings his 2020 purchased shares to 1,279,885 common shares of NexTech
This purchase brings his total investment in 2020 to $975,921
NexTech CEO Evan Gappelberg purchased the shares by exercising 250,000 warrants which put an additional $175,000 onto the balance sheet, further bolstering the company s cash and inventory position which is already over $16 million.