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Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s):  WFTSF

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

Comment by diogneeson May 24, 2010 3:36pm
242 Views
Post# 17126738

RE: RE: RE: RE: RE: RE: RE: RE: RE: Don't need new

RE: RE: RE: RE: RE: RE: RE: RE: RE: Don't need newHoller   Based on your assumptions WEE has been very busy since the end of Feb and have installed an awful lot of Units in the last 2 1/2 mos.
  In the second quarter ending Feb 28 th  revenues from equipment rentals and royalties was $455 k down from $502 k the previous quarter and only $30k higher than the same quarter a year ago.
    Keep in mind this was also the Quarter following all the NR's about sales and positive test results last Fall.
     I truly hope you are right but have some real reservations.   Primarily because I do not believe Management is the shy type and would be doing a little public huffing and puffing if they actually were installing at the accelerated pace you are suggesting they are.
    Only a week to go in this Quarter and then we should find out the results achieved by mid July.
     As I said, hope you are right and will look forward to your "I told you so"

      GLTA    

 P.S.   Management were clever enough in their NR not to compare last quarter to the previous one, just compared the lst 6 mos of this year with the first 6 mos of last year which showed an overall increase. 
    Wonder why???
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