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Bullboard - Stock Discussion Forum 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... see more

TSXV:NEXE - Post Discussion

NEXE Innovations Inc > one of the best balance sheets in the market
View:
Post by Troysthatguy on Jan 04, 2022 2:13pm

one of the best balance sheets in the market

Have 45.5 million in cash and only owe 4 million in total liabilities.

They literally can be 100% debt free with $41.5 million in cash 

Trading at 63 millon market cap. I loaded up here i like what i see
Comment by silkos on Jan 04, 2022 8:55pm
you forgot to mention no sales, no contracts and insignificant sales.  still own it but my patience is running thin. the market roars, yet NEXE is in the red.
Comment by lscfa on Jan 04, 2022 9:52pm
$8 million of equipment on order + overhead cash costs of $8 mil /year.  Will revenue ramp up when pods cost double the competition?    
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