RE:RE:RE:Your new morning coffee available Feb 5!New shareholder as of last week.....
In my opinion, long term, this is all about licensing. And short term, they are selling their own branded coffee to show proof of concept.
I would have to assume that NEXE has been in touch and talked to every single company who sells coffee in a K-cup, and also assume that a lot of their product has gone out to them so they can try them out.
Then assuming they are satisfied, it would be a matter of NEXE licensing out their technology so these companies can produce their own compostable K-cups. Or NEXE can supply them. As soon as one company agrees to use the NEXE K-cup, they will all follow, no one wants to be the last sku on the shelf using plastic K-cups.
But as soon as they announce the first company, then the stock will shoot up to the moon. Proof of concept being proven. And that is where you don't want to be on the outside, as it won't come back down to $4 after that. Question is.......when would that be?
And on top of that.....they keep making reference to all the other products they could make using the same tech. Plastic containers? Single use plates/knives/forks/cups? Anything! We are talking about replacing PLASTIC! Their office is about 15 minutes from my house, one day I will stop in and see about a tour.
Good luck to all. My opinions only.