Acceleware Ltd V.AXE

Alternate Symbol(s): ACWRF

Technology Software - Application

Acceleware Ltd. is a Canada-based company that develops clean-tech decarbonization technologies. The Company has two business units: Radio Frequency Heating Technology and Seismic Imaging Software. Its segments include High-Performance Computing (HPC) and RF Heating. Its HPC segment sells proprietary high-performance computing software and related consulting services and training programs primarily to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to the Company’s proprietary enhanced heavy oil and oil sands production technology. It is focused on developing RF XL, a patented low-carbon production technology for heavy oil and oil sands. Its RF XL technology eliminates greenhouse gas (GHG) emissions associated with heavy oil and oil sands production. Its seismic imaging software solutions are for high fidelity imaging, providing the advanced imaging available for oil exploration in complex geologies.

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Acceleware Ltd

Bullboard Posts

Comment by TAswingon Jun 15, 2016 10:47am

112 Views

Post# 24967140

RE:If General Electric is interested.

I completely agree greed with you and at this point, any price is a good entry price for now on the midterm at least. Getting in in the .20s is pretty good I think with potential valuation related to yesterday's news and also based on the fact that the majority of the float is held by institutional investors as another poster mentioned yesterday. I don't think they are selling right now, short term play for small investors/penny flippers though.