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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

Post by Bboomer2on Mar 10, 2016 7:22pm
194 Views
Post# 24646015

Re: RE:RE:Not Good

Re: RE:RE:Not GoodStock is down to $0.045 if the broker can find a buyer.

The company is borrowing money at 15% to pay the bills.

We've got several milliions in manufactured inventory which may in fact be worthless.

If the board would make a press release that Nordex has dumped Taylor and there
was an investigation pending there might be hope for the company's survival.

As it is the future  doesn't  look good.  Our sales force is comprised of a couple of cast offs.  Our inventory values are questionable, the bills are being paid (if they are) with money borrowed at 15%  and the company's  (overdue) financials will prevent any potential customer from entertaining a serious bid.

SOMEONE on the board must read these things!  I understand Middlemiss is happily no longer employed by SAS why doesn't the board dump Taylor and put Middlemiss in  as President?
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