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Nordex Explosives Ltd V.NXX

"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."


TSXV:NXX - Post by User

Comment by loosegooseon Dec 03, 2013 1:22pm
100 Views
Post# 21964672

RE:RE:RE:$750,000 initial order for Buttbuster. Nice order!

RE:RE:RE:$750,000 initial order for Buttbuster. Nice order!Only going by the quote as provided by Johnex as to who they said was responsible. I assume they would know.

Finally had time to look at some facts for myself. After 9 months 2011 revenues were $7,016,683 and in 2013 for 9 months revenues were $12,678,237 (80.7% increase) and gross profit was $1,703,914 in 2011 compared to $2,665,612 in 2013 (56.4% increase). In 2011 there was net loss after 9 months of (-$189,796) compared to a net profit in 2013 of $296,701. Also total assets on September 30th 2013 were $17,030,343 compared to $10,423,457 on September 30th 2011 (63.4% increase). Total liabilities increased 7.3% from $6,785,854 to $7,282,552.

Shareholders will ultimately form their own opinions based on the source and credibility of information available.  

         
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