NEXT-ChemX Corp. Stock Analysis CHMX

NEXT-ChemX Corp. engages in providing consulting services in China principally focused on the development of new-high-tech products marketing and retail sales. The company is headquartered in Los Angeles, California and currently employs 5 full-time employees. The company went IPO on 2016-07-13. The iTDE Technology is able to extract ions existing in low concentrations from liquid solutions. The iTDE Technology allows for the removal of ions from solution: without concentration by evaporation; without pressure or additional heating (reducing energy costs) and targets the specific ions to be extracted (reducing the need for further operations and increasing the potential for the sale of other ions present in the solution). The firm is primarily focused on completion of the first of two pilot plants embodying the iTDE Technology system that enables the demonstration of the extraction system for the extraction of lithium, calcium, magnesium, boron, and certain other elements. The company is also focused on developing two or three other targeted systems for the mining of metals as well as water treatment systems and recycling.