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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

Post by Beluga2020on Apr 29, 2022 11:18pm
352 Views
Post# 34644319

Financials out

Financials outAnd still no revenue reported.
""The Company has engaged external consultants to assist with implementation of revenue standard IFRS 15 Revenue with contracts with Customers, and implementation of internal controls, to establish the principles that the Company will apply when reporting information about the nature, amount, timing and uncertainty of revenue and cash flows from a contract with a customer. If appropriate, the Company expects to report revenue in last quarter of the fiscal year ended May 31, 2022."
If appropriate...what a load of bull. Shareholders deserve to know how much mushroom juice is being sold, and the margins on those sales. C'mon this is basic stuff. What are they hiding?
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