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Bullboard - Stock Discussion Forum 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... see more

TSXV:NEXE - Post Discussion

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Post by Dunworkin2 on Feb 08, 2021 6:32am

Sold out

NEXE Innovations Inc. ("NEXE" or the "Company") (TSXV: NEXE), is pleased to announce that the XOMA Superfoods online store, which the Company just opened to the public on February 5th, has completely sold out of its initial inventory of its proprietary pods under the pilot launch.

XOMA Superfoods, with its initial Micro-Ground Soluble Coffee with medium-chain triglycerides (MCT) oil offering, is the first commercial product released by NEXE.

President Ash Guglani stated, "We are extremely pleased that our first commercial offering has completely sold out in such a short period of time. Although this is a pilot program for the Company to better grasp the dynamics involved with operating an online store, we are blown away by the interest that we have received for our XOMA Superfoods launch. This has validated our thesis of combining coffee with superfoods, namely, MCT oil in this case, encapsulated in our fully compostable and proprietary pod. We are now faced with the great problem of not only delivering more coffee and MCT-filled pods to the market but also expanding out our superfoods portfolio."

NEXE Innovations kindly thanks all of its customers for their purchases and looks forward to releasing additional coffee and MCT-filled pods as well as providing more superfoods SKUS to its lineup.

 
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