Post by
silkos on May 19, 2021 9:53am
Financial Reporting / Sales Reporting
So 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.