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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

Post by Beluga2020on Apr 29, 2022 11:18pm
399 Views
Post# 34644319

Financials out

Financials outAnd still no revenue reported.
""The Company has engaged external consultants to assist with implementation of revenue standard IFRS 15 Revenue with contracts with Customers, and implementation of internal controls, to establish the principles that the Company will apply when reporting information about the nature, amount, timing and uncertainty of revenue and cash flows from a contract with a customer. If appropriate, the Company expects to report revenue in last quarter of the fiscal year ended May 31, 2022."
If appropriate...what a load of bull. Shareholders deserve to know how much mushroom juice is being sold, and the margins on those sales. C'mon this is basic stuff. What are they hiding?
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