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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.


TSXV:AXE - Post by User

Bullboard Posts
Post by nixyveston Feb 23, 2011 11:42am
202 Views
Post# 18180268

Sedar

SedarIf you read the details in the Sedar report; there seems to be a little more to it then just a share swap.
Now I am not a lawyer so I could use some feedback.  If it was just transferring from Old Acceleware to New Acceleware; wouldn't you just need the Lawyer, Acceleware & The exchange Shell called Amalco?
This looks like a transaction between Private ProfitCo (a private company registered in Alberta) and Acceleware??
any thoughts?
Bullboard Posts