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Bullboard - Stock Discussion Forum Sixth Wave Innovations Inc SIXWF

Sixth Wave Innovations Inc. is a Canada-based nanotechnology company with patented technologies. The Company is focused on the extraction and detection of target substances at the molecular level using specialized molecularly imprinted polymers (MIPs). The Company’s product brands include AMIPs, IXOS and Affinity. The IXOS is a line of extraction polymers formulated for deployment in the gold... see more

GREY:SIXWF - Post Discussion

Sixth Wave Innovations Inc > What happened with this stock?
View:
Post by throwaway11 on Jan 22, 2024 11:26pm

What happened with this stock?

Let me get this straight

-The R&D partners were the University of Alberta, the Canadian Federal Government, CTRI Quebec, York University
-The company's MIP solution for metal extraction outperformed industry standard resins from Mintek and Dow Chemicals
-Draslovka is now actually in full traction with glycine solutions for the mining industry
-The York relationship was still clealy alive on the UTI test, with new research findings published as recently as last October

I have been watching a number of Canadian microcaps closely, some for almost five years. Many are companies I would describe as being unscrupulous.

One had Tesla's factory featured on its website even though they had no relationship announced with them. Another was a case of clear self dealing that it described as "evidence of objective market interest" in a press release.

These shady companies are somehow still trading. Most, even the worst it seems, can keep their valuation above $3m.

Yet, here is Sixth Wave, with all of its R&D partners and relationships with clearly legitimate parties - and its stock valuation suffered more than any of them.

From ~$30m in 2020 to less than $200k?

Really????
Comment by Tslayer on Jan 25, 2024 9:01am
We all got taken. I would accept the fact we have lost our money and move on. 
Comment by throwaway11 on Feb 18, 2024 2:25pm
In your opinion, who did we get taken by?