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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

Post by blitzer2on Dec 22, 2020 6:28pm
221 Views
Post# 32166253

RE:RE: Haven't sold any of my shares.......

RE:RE: Haven't sold any of my shares.......Sorry saudersob I just threw in a new heading to reply to you because I did not want yet
another one of popeye82's old heading
about selling his shares being repeated again.
He has repeated it about 20 times over the past few months when he posts anything because
he is either, too lazy to come up with a new heading when he posts or, just doesnt know how?

To your questionI 
saudersob, I am guessing that there is some early confidentiality that this
new second major oil sands producer has requested. If I remember, AXE talked about 
$2M support from an unnamed 'major oil sands producer' for over a year before Suncor was mentioned in their NR on Dec 3rd. I am asuming that is correct but, could be mistaken I have never asked AXE about it so, this is probably just the same. Obviously it's understandable that some companies, from a competitive point of view, who get on board to support a pilot project for themselves using Accelewares's technology, may want to stay quiet about it in the early stages. 

As the testing of the RF XL pilot project at Marwayne develops and contnues to get more exposure through the oil sands industry and the media, hopefully Acceleware will be able to 
announce more companies getting on board eventually in the new year, as they continue to seek additional sources of funding for the Pilot and beyond.

Judging by the trading volume today of over 100k shares it seems we are getting the financial markets a little more interested apparently. We are potentially looking at an exciting start to the New Year and well beyond with Acceleware. GLTA.

Todays News release:
https://stockhouse.com/news/press-releases/2020/12/22/acceleware-receives-support-for-marwayne-rf-xl-pilot-from-a-second-major-oil





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