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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 20, 2021 9:00pm
160 Views
Post# 33034458

RE:I did say it. Many other MUCH LARGER companies have

RE:I did say it. Many other MUCH LARGER companies have Well put. Have to rethink my exit strategy fast.

For those that still believe in rainbows, read below from SEDAR. They don't have SQFL Certification therefore can't comercialize $hit.

From MD&A March 2021

Commercialization of the NEXE PODs

Although NEXE is able to manufacture and produce a NEXE POD for the soluble market, NEXE has not commercialized the NEXE PODs for the coffee markets. In order to commercialize the NEXE PODs for these markets, NEXE will be required to acquire certain customized automation equipment that permits the commercial production (ie. sufficient number) of these NEXE PODs. Further, certain customers will require NEXE to obtain SQFL Certification prior to delivering any purchase orders to NEXE. If NEXE is unable to acquire this automation equipment or SQFL Certification, it may not be able to properly commercialize the NEXE PODS for the coffee markets.

Future performance is highly dependent upon the sales of Keurig® and Nespresso® beverage systems.

topadvisor1 wrote: a product like this out MANY MOONS AGO. NEW LOW AND THE SLIDE WILL GO UNTIL IT STOPS AND WHERE THAT IS, NO ONE KNOWS. I personaly would NOT buy this even at .120 cents. If you DON'T have enough cash reserves, YOU CAN'T PI_S IN THE GRASS WITH THE BIG DOGS. (GORDON GEKKO) LOL.


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