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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

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

Bullboard Posts
Comment by Lurker11on Jul 27, 2018 5:31pm
97 Views
Post# 28379423

RE:RE:RE:RE:What is holding the SP back?

RE:RE:RE:RE:What is holding the SP back?I work for a very large O&G producer so I know very well what their capabilities are and what the industry is like these days.  Each company large or small has their own interests and strategies they may want to pursue wrt R&D. In this case Acceleware, they have all the say.  Which reservoir is the best for their test wrt most common (important for commercialization), depth, thickness for their test without influence from adjacent steam injection which company is asking the least as far as $ or ownership interest and which company can give access and support to the reservoir the quickest  and has the best alignment of interest with AXE and shareholders will win the day not who has the most money.  Sounds like you think you know something about the industry but know very little.
Bullboard Posts