SnowBall123 wrote: Sorry no time to wirte a long thread plus I don't come here often:
No worries, the forum is dead here anyway :) There is nothing wrong to sign any contract with anyone, whether RSF is doing well or not is not NEXE's concern. I only know Granville Island will be one of the customer because the company's connection with Footz, that doesn't mean they will only have these two contracts.
RSF is not doing well, meaning that their product line is not successful. Not NEXEs problem of course, but it only means there is limited growth opportunity from Rritual partnership. Also, an excerpt from the PR:
Rritual Superfoods Inc. (“Rritual” or the “Company”) (CSE: RSF, OTC: RRSFF, FSE: 0RW) is excited to announce that the Company has signed a non-binding Letter of Intent ...
Your number is still wrong on the amount or volume that mgt purchased last year, it's open info you shouldn't have got it wrong.
Ash purchased 63500 shares avg 1.86 for a total of 95K+ last year. I was off, he purchased more that what I indicated. I could not find any salary info for Ash, but that's irelevant. He was able to spare 95K to buy NEXE, when he already owns a big chunk. No income is because income generated during R&D period should go offset R&D cost per GAAP requirment.
Correct. Let's talk market share as profitability is irelevent at this point. I look forward to you sharing any info ... not interested in gross sales, interested in units produced for non NEXE product. I could not find any info available Regarding export to the south, they don't need collect GST/PST so 12% available to offset any duties.
Until we actually see some numbers for US retail, it makes no sense to discuss the US market. You're saying they just order lines with no plan to produce, that's a bold claim and I wish you luck if you short base on that thesis.
Not what I said. I said their production lines are fully functional. They have no contracts though, therefore feel free to entertain us how they use the production lines now. What are they producing? Your guess is as good as mine. Also, I have zero intention to short this stock. ZERO. I will get out slowly (and painfully). Canada is only 10% of the population of the US, so what's wrong with saying 90% of N America market is in the US?
Bang on. I was no aware of it, that's all I said. It makes sense to move to US. I don't short companies that is saving the enviroment, I hope no one does.
I don't agree nor disagree with you on this. I invest in companies, I sell when I sell, and buy when I see value to sell at a later date. Not really important if they say they try to save the planer. We'll have to see if NEXE can execute.