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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 ScarletSpideron Jun 07, 2023 4:12am
165 Views
Post# 35483766

At the end of the day regardless of the very annoying

At the end of the day regardless of the very annoyingnear term share price the question people should ask is this company growing? Is the growth being done in a reasonable and sustainable way? Is there a need for it and what is the future market potential for where the company looks to operate? While strong revenue flow through has still yet to come there is apparently strong interest from potential partners for axe to work with which is far better than being a one trick pony.There is no growth without capital and because axe doesnt have very much from the software and the oil production that only leaves axe a few options to raise capital...loans which companies avoid like a plague common private placements or if done at better levels bought deals which it may be possible we may start to see them that keeps the dilution lower than the type of pp we are seeing due to being done usually higher levels. At this point despite what i have been saying the company has done a decent job keeping dilution down although their raises last year prior to heating start should have been done at $1 plus not .68. Eugene i believe was the poster and i would vocally express what we felt about it. In any case; i dont oppose prudent raises for strategic geowth although many times to move 5 steps or more forward two steps back may need to be taken. Regardless of when and how much still overall up trajectory. Best as i said put away come back months end to see where thinga are.
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