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Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold REV equipment to a diverse portfolio of companies operating in over 23 different countries on five continents. It also operates REVworx, a toll processing facility located in Delta, British Columbia that offers vacuum-microwave contract manufacturing services. The REVworx facility houses both a batch 10 kilowatt (kW) and 60 kW continuous vacuum-microwave line to accelerate the commercialization of products made with the Company’s patented technology. The Company has two primary commercial scale technologies, nutraREV, a drum-based system, and quantaREV, a tray-based system.


TSXV:ENW - Post by User

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Post by JYBJYBon Dec 15, 2022 7:11pm
347 Views
Post# 35174660

Ugly

UglyRevenues from royalties up 50% y/y but they are not enough.  This has been the greatest disappointment in my portfolio. For me it has been almost 5 years and I'm out tomorrow except for 1 share.  Anything beyond now is just hopium until revenues actually improve.  I am keeping the 1 share so I don't lose track of things (should they turn around).
A while back a poster mentioned 20 cents. I'm starting to think they were correct.  This will be primed for a takeover unless major events occur.
The mistake I made with enwave was that I fell in love with the idea.

Good luck to all.
Hope things turn around.
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