NEXECorporate Presentation June 2022
https://nexeinnovations.com/wp-content/uploads/2022/06/Nexe-Investor-Presentation-June.pdf
Highlights?
- nespresso compatibility NOT mentioned in the presentation - big red flag
- BPI certification ... STILL working on it (this was a sure thing 6 months ago). Fact is that our Green Liberal Gov would love to issue such a certification and praise Canadian inovation. They did not issue the certification for a reson, which leads me into thinking that there may be some serious problems.
Price wise, this is NOT going anywhere anytime soon. Why?
- No significant news
- They burn cash
- Nothing to show really
- Progress very limited and not worth mentioning
- Current market conditions, inflation, supply chaing issues all reasons for management to postpone their execution plan even longer
This morning there 39 SELL orders at .315 (these are at the trader desk) and one buy order at .31 for quite some time.
I have a buy order below .31 for a quick trade. If I would not have a position I would not enter. My advice to new investors: do not bother, there are better opportunities out there.