NEXE Innovations Inc V.NEXE

Alternate Symbol(s): NEXNF

Forest Products Paper & Paper Products

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.

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NEXE Innovations Inc > Financials

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Comment by lscfaon Oct 01, 2021 9:28am

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Post# 33951510

RE:Financials

Why no revenues recorded for year ended May 31 if commercial launch in April?

silkos wrote: Comments on M&A anyone?

It doesn't look good as expected. Question is ... how low can it go?

Under 0.60 for sure, can it go all the way to 0.4? They have nothing to show, they count on plastic ban while generating no contracts period. Noticed expenses moving up, with higher consulting fees toward companies owned by management (of course), while digital ad spending went up huge to generate a nothingburger in sales.

The more I see, the more I am convinced this company is run by a bunch of amateurs.