Enwave Corp V.ENW

New Press Release - EnWave Signs Royalty-Bearing Commercial License with Established South American Food Manufacturer

VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") today announced that the Company has signed a new royalty-bearing commercial license (the “Commercial License”)with an established South American food manufacturer ...read article.

[Ciao]

120KW REV machines sell for about $2.5M, subject to financing, sale could take place within 6 months 10KW REV machines sell for about $300K, option to buy 2 machines would provide $600K in rev combilned rev from the sale of these machines would be $3.1M

[Possibleidiot01]

This is one of those times the market makes little sense , 24% jump yesterday followed by a 12% decline ( back to last week price) despite  a second news release today about BranchOut Food and the expectation of significant royalty revenue on their sales of $8.5 million - almost all of which should go to the bottom line. Equally impressively BranchOut signed a tolling agreement with Enwave