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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

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Post by JYBJYBon Dec 15, 2022 7:11pm
314 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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