Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by blitzer2on Apr 05, 2022 6:07pm
634 Views
Post# 34578431

RE:DIDN'T Even Get the $ 1 million !!!?????!!!

RE:DIDN'T Even Get the $ 1 million !!!?????!!!Eigen337 I don't know why you want to be such a drama queen over the
shortfall 
of the full one million dollars 
on the closing of the second PP!!!??

As a reminder of their first announcement of launching a PP on March 8th,
they were only trying to raise $1.5M !  This had a deadline closing on April 15

Not only did they raise that full amount of $1.5M but were able to close it
16 days earlier 
on March 24 !!! 

They announced (on March 23) that 
due to strong investor demand, they were launching a second PP of $1M. This also was to be closed on or
before April 15th


As we now know that also was closed 10 days earlier today (April 5)!!! 

And yes, it was for less than they wanted but remember, they have now closed
these TWO PP's for a total of $2.215M. They were only wanting to raise $1.5M
on March 8th originally. Both have been closed a lot earlier than April 15th.!!??

Maybe they decided that although it was not the full amount on the second
PP, the full total was more than enough for what they wanted to use in the first
place.
 As a reminder again t
hat was to fund the further development and testing
of Acceleware’s RF heating technology (RF XL and the Clean Tech Inverter)
and for general corporate purposes. 

No unnecessary insinuations required here Eigen337 of somebody (or more)
having had second thoughts or anything. ?????????.


Of course as you always like to say all the above is my opinion only.


<< Previous
Bullboard Posts
Next >>