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FRX Innovations Inc V.FRXI

Alternate Symbol(s):  FRXIF

FRX Innovations Inc. is a Canada-based global manufacturing company engaged in producing a family of sustainable flame-retardant products that serve several large markets spanning textiles, electronics, automotive, electric vehicles (EV), and medical devices. The Company manufactures polyphosphate polymers that are inherently flame retardant and sold under its Nofia product line. These polymers are intended to be used as additives by manufacturers that make products that have desirability or requirement for flame retardancy. Nofia flame retardants are comprised of three categories: Homo-polymers, its standard products for use in various applications, notably polyesters and ABS; Co-polymers, which are specially developed for use with polycarbonate and its blends (commonly used plastics in everyday electronics), and Oligomers, which is used in polyurethane, printed circuit boards, and as dispersions in coatings. It operates a manufacturing plant located on the Port of Antwerp, Belgium.


TSXV:FRXI - Post by User

Post by capt1120on Jul 31, 2024 12:05pm
67 Views
Post# 36156374

Suspension due to failure to file

Suspension due to failure to fileThe company has failed to file required documents as far back as the end of Dec 2023, and other such filing at the wnd of March 2024, But here lies the issue, they raise 948,000 US by way of a 5 cent round that closed on March 1 2024, How can they ( being management) look in the mirror and say they run a fully disclosed company when they took that cash March 1 2024 and had their book not in order since Dec 31 2023? How can U take new capital from investors while U are delinquent in your filings? BAD BAD jube jube 
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