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NEXE Innovations Inc V.NEXE

Alternate Symbol(s):  NEXNF

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

Comment by silkoson Apr 20, 2021 9:00pm
144 Views
Post# 33034458

RE:I did say it. Many other MUCH LARGER companies have

RE:I did say it. Many other MUCH LARGER companies have Well put. Have to rethink my exit strategy fast.

For those that still believe in rainbows, read below from SEDAR. They don't have SQFL Certification therefore can't comercialize $hit.

From MD&A March 2021

Commercialization of the NEXE PODs

Although NEXE is able to manufacture and produce a NEXE POD for the soluble market, NEXE has not commercialized the NEXE PODs for the coffee markets. In order to commercialize the NEXE PODs for these markets, NEXE will be required to acquire certain customized automation equipment that permits the commercial production (ie. sufficient number) of these NEXE PODs. Further, certain customers will require NEXE to obtain SQFL Certification prior to delivering any purchase orders to NEXE. If NEXE is unable to acquire this automation equipment or SQFL Certification, it may not be able to properly commercialize the NEXE PODS for the coffee markets.

Future performance is highly dependent upon the sales of Keurig® and Nespresso® beverage systems.

topadvisor1 wrote: a product like this out MANY MOONS AGO. NEW LOW AND THE SLIDE WILL GO UNTIL IT STOPS AND WHERE THAT IS, NO ONE KNOWS. I personaly would NOT buy this even at .120 cents. If you DON'T have enough cash reserves, YOU CAN'T PI_S IN THE GRASS WITH THE BIG DOGS. (GORDON GEKKO) LOL.


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