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Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

EnWave Corporation is a dehydration technology company. It has developed Radiant Energy Vacuum (REV) technology, which is a rapid, low temperature drying method. REV technology allows for drying that preserves flavor, color, and nutrients for premium snacks, meals and ingredients. REV technology enables food processors to produce products that retain nutritive value, concentrated natural flavor, bright colors, texture, and physical attributes, such as puffing. Its vacuum-microwave technology enables uniform drying with flexible moisture content unattainable with Freeze Drying or Air Drying. Its REVworx is a toll processing facility that offers vacuum-microwave contract manufacturing services. It has two commercial REV platforms: nutraREV, which is a drumbased system that dehydrates organic materials and quantaREV, a tray-based system. The Company has various applications across industries, which include food & ingredients, pharmaceuticals and cannabis & hemp.


TSXV:ENW - Post by User

Comment by CashFlowRealityon Sep 23, 2021 4:57pm
144 Views
Post# 33909284

RE:RE:RE:RE:RE:RE:So KIDL... please speculate what the last 500k means

RE:RE:RE:RE:RE:RE:So KIDL... please speculate what the last 500k meansWhat are you talking about AURORA for ...

the deal ... Aurora Cannabis and EnWave Corporation Enter Global Licensing Arrangements Establish Intellectual Property Partnership and $10 Million Strategic Equity Investment - EnWave Corporation said this ...25-Apr-2019 (over two years ago) ...
Pursuant to the terms of a share purchase agreement between the parties dated April 25, 2019, Aurora has purchased 5,302,227 common shares in the capital of EnWave (the “EnWave Shares”) at a deemed price of $1.886 per share, based on the volume weighted average trading price (“VWAP”) for EnWave’s shares on the TSX Venture Exchange (the “TSXV”) for the five (5) consecutive trading days to and including April 22, 2019. As consideration for the EnWave Shares, Aurora issued to EnWave 840,576 common shares in the capital of Aurora (the “Aurora Shares”) at a deemed price of $11.8966 per share, based on the VWAP for Aurora’s shares on the Toronto Stock Exchange (the “TSX”) for the five (5) consecutive trading days to and including April 22, 2019. The EnWave Shares represent approximately 4.91% of the issued and outstanding common shares of EnWave on a non-diluted basis.

In short, why do you persist on speculation of Aurora being the persons behind today's massive volume.

Next, you ask silly questions like "who else owns 5million shares"... do you not read the (transparent) and public filings on SEDAR?

e.g. Management INformation Circular (9-Feb-2021, page 27) states "Bud" (all by himself plus his spouse) has 1.8 million shares.

i.e.. so at least one insider has 500k or more of shares (and why don't you believe some other private investors may have that many shares too)?

Stop "dumping" on this company.
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