Danisco updateLike many companies, Enwave has a policy prohibiting employees from posting on bullboards such as Stockhouse. However it has its own discussion board on Facebook. Investors that post here should ask their questions on the FB forum, then copy and paste the answwers here.
This is a company response to an investor request for an update last week.
"Testing on EnWave’s powderREV machine is proceeding well, and we are working our way through quite a number of different probiotic and food culture products for Danisco. As each material requires its own optimization process on the machine, the testing program is likely to take us several more months to complete. After that time, we plan to ship the machine to Danisco’s pilot facility in the U.S. and, as per our guidance at the beginning of the year, we believe that we are still on target to sign a commercial license and royalty agreement by the end of this year. In terms of updates on our other collaborations, these are also progressing, although, because of our confidentiality agreements, it is unlikely that we will be able to provide updates to the market until we get closer to commercial orders which are expected in the first half of 2012."