Bullboard - Stock Discussion Forum NEXE Innovations Inc NEXNF

Primary Symbol: V.NEXE

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... see more

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NEXE Innovations Inc > NEXE

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Post by silkos on Jun 14, 2022 2:13pm

NEXE

Corporate Presentation June 2022

https://nexeinnovations.com/wp-content/uploads/2022/06/Nexe-Investor-Presentation-June.pdf

Highlights?

nespresso compatibility NOT mentioned in the presentation - big red flag
BPI certification ... STILL working on it (this was a sure thing 6 months ago). Fact is that our Green Liberal Gov would love to issue such a certification and praise Canadian inovation. They did not issue the certification for a reson, which leads me into thinking that there may be some serious problems.

Price wise, this is NOT going anywhere anytime soon. Why?

No significant news
They burn cash
Nothing to show really
Progress very limited and not worth mentioning
Current market conditions, inflation, supply chaing issues all reasons for management to postpone their execution plan even longer

This morning there 39 SELL orders at .315 (these are at the trader desk) and one buy order at .31 for quite some time.

I have a buy order below .31 for a quick trade. If I would not have a position I would not enter. My advice to new investors: do not bother, there are better opportunities out there.

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