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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

Comment by ScarletSpideron Nov 14, 2022 12:08pm
69 Views
Post# 35096866

RE:RE:RE:RE:Onward

RE:RE:RE:RE:Onward
sask what human error other than not having what you needed? And no it isn't every component like a screw or anything like that. There are bigger things like the cables and the sensor. You know you are going to use all these things under intense heat and pressure plus electrical currents would you not think to have these parts? In any case it is what it is and unless I directly ask why they did not have the bigger parts I am not talking a screw or small components which themselves may not be easy to replace given the supply chain issues and if they are special parts and order that is entirely different case but I am talking about the bigger more exposed ones that is what I am scratching my head on. It is clear the likely reason that us again unless I hear from the company is they didn't have the money and probably hoped for the best. I fail to see it otherwise that they would not even think that the wear and tear would happen. Regardless they are financing and sourcing it so as to moving forward this is a moot point other than that one should avoid cost cutting corners and hopefully this is a lesson learnt. But it is what it is and it put this 3 and a half months plus back...oh well I guess it was either time or possibly more dilution (money) maybe this was the better option again I don't know without seeing what the company says.
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