Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s): WFTSF

Energy Oil & Gas Equipment & Services

Wavefront Technology Solutions Inc. is engaged in the advancement of dynamic fluid injection technology for oil and gas well stimulation and improved/enhanced oil (IOR/EOR) recovery. Through its Powerwave technology, it provides the oil and gas industry to place fluids into the reservoir. The dynamic action of Powerwave’s fluid pulses diverts injected fluids away from established flow paths, achieving better fluid distribution. Its patented Powerwave process is an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock. These materials are composed of a solid matrix and pore structure, which contain fluids such as oil and gas. The Primawave process is a method for aiding in-ground environmental remediation clean-up strategies in contaminated sites. Primawave provides the environmental sector with a solution for aiding in the clean-up of contaminated sites. It deals directly with exploration and production companies.

TSXV:WEE.H - Post by User

Wavefront Technology Solutions Inc

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Comment by diogneeson May 24, 2010 12:27pm

261 Views

Post# 17126310

RE: RE: RE: RE: RE: RE: RE: Don't need news to get

Holler    No one is disputing the fact that WEE seems to be able to get orders for Units.
      The problem appears to be getting them installed. If as you suggest they have been installing all the Units they have "sold" they would be getting very close to cash flow positive by now.
    If the sale of all these Units warrants a NR it is reasonable to assume that one would be warranted announcing the completion of the installation of same.
      However the silence from the Co re installations is deafening. The last we heard was an off the cuff comment by the CEO to DP that there were around 70 Units installed and some actually being billed for.
      Again Investors are generally speaking still bullish on the longer term prospects for the Company but Managements complete lack of communications is causing short term concern/confusion.
      Remember last Fall these guys were putting out a NR every week sometimes twice a week to announce a number of successful test results, some sales, some kind of a deal with Pemex and others etc and now we are to believe there is absolutely nothing happening over the last couple of months that is not newsworthy????

      It is a well known fact in the Market that good news is never held back.
    Continually rehashing old news is not going to change anything.

We all have the choice of hanging in or moving on.
       Good lluck to all whatever you choose.

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