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NEXE Innovations Inc V.NEXE

Alternate Symbol(s):  NEXNF

NEXE Innovations Inc. is a Canada-based company, which operates as a manufacturer of fully compostable materials. The Company is focused on providing compostable material solutions and packaging to the business-to-business (B2B) segment to help businesses achieve their sustainability goals. It designs, manufactures, and commercializes fully compostable materials for everyday consumer product. It has developed a proprietary and patented compostable material that can withstand heat, pressure, and water. The Company's flagship product is its BPI-certified compostable single-serve beverage pods that are compatible with single-serve coffee-format machines (the NEXE Pods). The NEXE pod is compatible with major coffee brewing machines and is manufactured at the Company's vertically integrated facility based in North America. It provides compostable solutions for a variety of uses and products, including tea, yogurt cups, cosmetic, and pharma containers.


TSXV:NEXE - Post by User

Comment by silkoson Apr 15, 2021 11:19am
207 Views
Post# 33000507

RE:News just out -Amazon sales to begin in May

RE:News just out -Amazon sales to begin in MayYou might be right about moving up after all. You may also be wrong. They have the money to pay the marketing company for sure. It's way too soon to see which way it's heading.

Hiring experts is always positive as they attempt to expand online sales at a larger scale. I suspect we will see a lot of positive statements moving forward as they have to rebuild momentum.

Execution is key. How can they use the intellectual property and patents to make dough on the pods market segment. Investors need to see a clear plan. They need to monetize the business not by raising capital but through revenue. If recurring revenue or ongoing / service contracts ... the better.

A question for fellow investors. Are there any financial reports available? Could not find any financial fillings on this co on sedar. When is the next financial reporting? Thank you.


Beluga2020 wrote: This is a positive development. Right now the sales are most likely "novelty sales" as people are curious and trying it out. A key metric I will be looking for relate to repeat customer sales. The subsription model success will also be revealing. If it tastes good, is reasonably priced and is environmentally friendly, it has potential. I still want news on the mask development. "We are on track". Anything really.

I think the free fall should stop. On the way back over $2 from here in my opinion.


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