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NEXE Innovations Inc NEXNF


Primary Symbol: V.NEXE

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.


TSXV:NEXE - Post by User

NEXE Innovations Inc > Top Management Compensation
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Comment by Dunworkin2on Apr 29, 2022 11:07am
344 Views
Post# 34642364

RE:Top Management Compensation

RE:Top Management Compensation
silkos wrote: Darren Footz Salary / Total Compensation
2019 - 56k / 140k
2020 - 75k / 216k
2021 - 230k / 571k

Ash Guglani contract (not salary - Ash is not an employee???) / Total Compensation
2019 - 50k / 50k
2020 - 107k / 171k
2021 - 475k /  556k

Also there are Performence Bonuses based on total sales # (units) as follows:
  • 120K compensation for 100million units sold (not time limit if they sell in 10 years they still get paid)
  • 250K - for 250million units sold
  • 500K - for 500million units sold
  • 750K - for 750million units sold
  • 1M - for 1billion units sold



Awfully nice of us shareholders. The least they could do is send shareholders some mushroom beverages ffs. Explains why Ash looks like he did something wrong in those videos. He doesn't just have a finger in our pockets, he has his whole arm in their and who is the other guy? LOL.
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