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Bullboard - Stock Discussion Forum Nordex Explosives Ltd V.NXX

"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."

TSXV:NXX - Post Discussion

Nordex Explosives Ltd > Report on Sedar
View:
Post by Bboomer2 on Apr 30, 2016 4:23pm

Report on Sedar

Read it for yourselves.  The last 2 pages are most depressing, telling that Nordex may not be able to compete with other suppliers, Norex's products may be or may become obsolete and there's no money to develop competitve products and there may be no avenues left to raise more money.

I keep asking myself,   "What has Jim Taylor done to warrant his continued employment?" and the answer i keep hearing myself reply is "He negotiated a sweetheart golden handshake and there's no money to pay him out."


https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00003730
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