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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

NEXE Innovations Inc > When production doubles what happens to the stockprice?
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Post by Kevin604 on Mar 02, 2021 10:52am

When production doubles what happens to the stockprice?

Great news! - The company will be expanding its manufacturing facility in Surrey, British Columbia from 10,000 square feet to 20,000 to house new equipment. - It is hoping to increase production capacity to approximately 50 million pods before the commercial rollout by the third quarter of 2021. https://www.google.com/amp/s/mobile.engineering.com/amp/21360.html
Comment by bonhomme16 on Mar 02, 2021 2:51pm
What Quarter are we in now.  I thought they said they had moved in.  I lost that NR
Comment by GoldenArm on Mar 03, 2021 3:13pm
The sold out their pilot run almost instantly. Based on that they can make estimates on production. Supply and Demand stuff. Therefore "we're gonna need a bigger boat" was probably said when the orders came in for the limited production run.
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