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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 Ciaoon Aug 22, 2022 7:39pm
126 Views
Post# 34912838

RE:Not crazy about this one

RE:Not crazy about this oneI thought Moon Cheese sales to Costco were to re-occur in Q3, then we lost Target.

"NutraDried Food Company NutraDried’s sales in Q3 reflected new distribution into Kroger, a major U.S. grocery chain. Kroger listed 3 SKUs nationally across 2,200 stores in the U.S. The addition of Kroger as a major new customer in Q3 was partially offset by Target delisting Moon Cheese® from approximately 500 stores. Target delisting was due to planning changes by the purchaser not sales velocity or performance. We hope to be re-listed in FY 2023. There were no sales to Costco during Q3 2022, but Costco remains a strategically important customer and a number of club opportunities are being pursued."
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