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NEXE Innovations Inc NEXNF


Primary Symbol: V.NEXE

NEXE Innovations Inc. is a Canada-based compostable materials company. The Company designs, manufactures and commercializes compostable materials for everyday consumer products. The Company has developed patented, fully compostable, plant-based, single-serve coffee pods for use in single-serve coffee machines. Its product NEXE Pod is a plant-based, fully compostable, and single-serve coffee format machines. Its wholly owned subsidiary, Xoma Operations Inc, provides products that are packaged in the fully compostable and plant-based NEXE pod. The Company's products include XOMA Keto Cocoa, XOMA Matcha, XOMA Turmeric, Golden Milk, XOMA Coffee Fortified with MCT, XOMA Mindful Mushroom Coffee, and XOMA Keto Coffee. The Company’s other subsidiaries include NEXE Technology Corp. and G-Pak Holdings Ltd.


TSXV:NEXE - Post by User

Post by silkoson May 19, 2021 9:53am
127 Views
Post# 33229188

Financial Reporting / Sales Reporting

Financial Reporting / Sales ReportingSo NEXE can now mass produce NESSPRESSO + KEURIG compostable caps. The production lines will be tweaked consistently from now on as expected.
So we're done with the research, production and ready to scale the operation.
Let's see if the management can pull it off. We need to see the sales / financials for the company. A production line requires industrial space and costs a lot of money. Basics: they need to generates sales / revenue to cover the costs and makes ome profit.

Any contracts in sight? Anything tangible? That's when the market will react.

Until then it's R&D and dreams. Costly R&D and dreams.

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