 Hi, how's everybody doing today? I am your host Rich here on behalf of Rich TV Live with our very special guest, the CEO of Nexi Innovations, Ash Gugliani. How are you doing today, Ash? Thanks for having us, Rich. I'm doing well. Thank you for being here. Congratulations on your new IPO. Thank you. Thanks so much. It's been great so far. Your new US symbol, NEXNF, which is blown up today. Congratulations on that. Thanks for that. Lots of good things that are happening, a lot of exciting news, a lot of exciting things happening in general in the markets. Before we get into the entire sector and the super exciting sector that you're in, plant-based materials, can you please tell us a little bit about Nexi Innovations and how you got involved? Sure. With this company, what we are, we are a product innovator. What we do is we create disruptive, sustainable innovations based on customer pain points using advanced materials and manufacturing technologies. Our main focus right now is the single-serve coffee market or the single-serve pod market, really. Our first product is going to be a fully compostable plant-based cake up. Our second product midway through the year, maybe even a little sooner, will be a fully compostable plant-based Nespresso pod. From there, we'll go into some other avenues. The focus right now is executing on commercializing and scaling those two businesses. That's essentially what we are. What are the three main focuses of Nexi Innovations Inc.? Sure. Our main focus right now is commercializing and scaling our cake up business or our Nexpod business. Early Q1 will be commercializing our cake up. Then throughout the first half of the year, we'll be able to scale that business as our new machinery arrives. Then we'll be looking at obviously Nespresso as well. The three real focuses are commercializing and scaling on the single-serve coffee side. We're also working on expanding our IP portfolio. We've done a good job in identifying a lot of opportunities within our materials as well as within our automation on the IP side. We're working with a large firm out of the States to identify those opportunities for us. The third is going to be new product innovation outside of coffee. Like I said, I think the main focus right now is to really nail coffee. Then throughout the year, you'll see some new product innovation and some other markets. Coffee is a huge industry. Nexi Innovations Inc. recently announced its listing on the Toronto Stock Venture Exchange, which we broke the news on the new IPO and announcing its fully compostable plant-based single-serve coffee pod, which you mentioned. Can you please tell us how this will disrupt the coffee pod industry and what it means for Nexi Innovations Inc.? Sure. Just give you an overarching thesis on coffee pods. Most coffee, 50% of coffee is consumed in a single-serve pod. 50 billion plus pods are consumed around the world. About 18 billion carry capsules are consumed and about 23 billion espresso pods. So the distribution is massive. So this is an industry that's ready for disruption. So that's why I think this is why we're going to be able to really catch a lot of eyes with a lot of different brands or we have been able to so far is because we are probably the best environmentally conscious product out there for the single-serve pods. Very impressive. I think there's an enormous upside here for your company. We've talked within our community about the fact that Very Good Butchers has been a phenomenal plant-based food story in 2020 and our community has done extremely well on that stock. And I've actually already compared your stock to that stock, not because you guys are exactly the same. Obviously, they're in plant-based foods. You guys are plant-based materials and plant-based technology company, but because you guys are in this growing sector, the plant-based sector. Another company that we've featured that's done extremely well is Else Nutrition, Symbol Baby, which was a 10-bagger for our community. So we love to get into plant-based companies early. Our community does. Who would you say our NEXY Innovation inks main competitors, if any? And what sets you apart from them? I don't think there's many competitors to what we're doing. We're really focusing on the packaging side. Like I mentioned, we're a product innovator. So we work with customers on their pain points. So there's not many publicly-traded competitors to what we do. I don't even know if there's a lot of privately-traded or private companies that I'd say are good comparable for us. Wow. Okay. So you're kind of in a league of your own? Yeah. I think the one thing that this company has done is we've taken five years to really understand PLA, which is like a bio-based polymer from, I guess, the source of it. It's corn. What we do and what we've learned about that material and how it reacts in a lab, how we react in a K-cup machine versus how it reacts in an espresso machine, we had to get that formulation right. We had to make sure that the pod wasn't melting in the machine because it is, there is some significant heat and pressure within the K-cup or an espresso machine as it's burning a cup of coffee. So we spent the last five years really learning how this material reacts in a machine as well as how it reacts in lab testing and then learning how it reacts with high-speed automation. It was a long journey and there was a lot of pivots and revisions, but the one thing that our company has done is we haven't compromised. We've decided when we say we're fully plant-based, we are fully plant-based. We are using no adhesives whatsoever. We're not using any fossil inputs to cheat. We stuck to our mission five years ago and that's the beauty of what we do and that's why I say I don't think there's many companies like us because we don't know of too many other companies that understand PLA as well as we do. Now, share structure is vital for our community and one thing I've noticed with plant-based food companies like Very Good Butchers and others that are out there, they have very good share structures. Another one is Tattooed Chef, which has been really doing well in America, very tight share structures. What is your share structure like and how many shares are held by insiders and institutions if you don't mind sharing that information? Sure. So right now, our basic share is about 65 million and our fully diluted number is about 90 million and that includes about 30 million of equity actually going into the company. So we've got a pretty good share structure and I'd say insiders own about 20% of that, just over 20%. Very good. So a lot of shares in friendly hands. Absolutely. Very good. Now, can you tell us who are your key members of your management and your team of Nexi Innovations and what do they bring to the table? Sure. So we've got a best of all breeds when it comes to our team. We've got Darren Futz, who's the co-founder of the company. He's the inventor. He's kind of the brainchild of the whole thing. Darren's kind of overseeing the commercialization of the product. We've got Steve Lockhart, who comes from 30 years of retail experience. His family started Choices Markets out here. So he understands what a customer wants. We've got myself. I've spent 10 plus years in investment banking capital markets for a long time. I used to be a mining analyst. So I understand what's expected of a company and how we could monetize on some of our opportunities here. We've got Paul Bogel, who helps with automation, who really understands that side of the business. We've got Anthony Rosenfeld, who came from Vega, which was a plant-based protein, I believe. He understands product distribution. We've got Don Chisholm. Don actually helped us rebrand from, we used to be called GPAC to Nex Innovation. So it's got a bigger, our ethos is a lot bigger than what it used to be. We're not a compostable packaging company. We're a product innovator. And he's helped us really bring that up. But Don has 25, 30 years plus of product branding and marketing experience and understands what people want to see on the shelf. So we've got a best of all breeds. We really do on the operation side. If there was one thing you'd want shareholders to know about Nex Innovations, what would it be? Our timing is great because we just went public, I think, I guess we've had five trading days so far. And we're going to be commercializing here soon. So what we've learned for the last five years is now what's going to propel us to become a disruptive product and a proper product innovator. There's going to be investors that are going to see this video from all over the world. There's going to be potential joint venture partners, LOI opportunities, all kinds of different business opportunities that will be generated from this video. Ash, what is the best way for shareholders to get in contact with the company? Sure. The best way is through our website, NexInnovations.com. It also has links to all our socials as well as an investor's page for people wanting more information. Fantastic. Well, thank you so much for your time today. Congratulations on your new IPO. I hope you continue to move forward in the right direction like you guys have been in 2021 and beyond. And we are here with Ash Guglani, the CEO of NexInnovations Inc. Thank you for joining us today, Ash. Thanks so much. I appreciate the support. Always a pleasure. Love to have you back on our show anytime we have big news, breaking news, or you want to do an interview or have us do a tour of your facility. I would love to. We're both in Vancouver, so let's try to get together sometime in the future and let's make 2021 a huge year for Nexi investors and for everybody involved. Absolutely. Thank you so much for your time. Enjoy your holidays. Merry Christmas and Happy New Year, Ash. And we'll see you soon in 2021. Yeah, I know. Thank you for that. Thank you guys for watching. If you're not winning, you're not watching. This is Rich from Earth to be Live. Bring you NEXE in Canada and NEXNF in America. And if you like this video, smash the like button, comment down below, and share the video everywhere. Thank you for watching. We'll talk to you soon.