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.

TSXV:AXE - Post by User

Acceleware Ltd

Bullboard Posts

Comment by TAswingon Jun 28, 2016 10:07pm

165 Views

Post# 25007055

RE:RE:New Corporate Overview has been posted on AXE's website..

I am am just starting to follow that company but it's very interesting to see Giants like GE and Chevron somehow involved as well as Nvidia (US$ 5 billion in revenues last year). The latter owing 7% of the shares is another thing to speculate on regarding AXE. 27% insiders ownership will definitely help the SP to hold on and get back to its 52 week high on any positive news.

Kazzkid wrote: Very, very encouraging Report Blitz!
A lot of action going forward and I like the Patents Pending.
Good to see Insiders owning 27% of shares and Nvidia holding 7%.

This report should get the SP moving again.