Enwave Corp V.ENW

Alternate Symbol(s): NWVCF

Industrials

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

Enwave Corp

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Comment by sometoaston Mar 10, 2010 11:39am

255 Views

Post# 16865705

RE: RE: RE: RE: More Dilution Coming

So, ENW just granted themselves 10% of the company (that's $5 million) to divide among themselves. Near as I can tell, there are about 10 employees so that is about $500,000 each if split equally. Nice work.

I am sure every one of them deserves 10 times the average salary in options alone. Just like the bankers deserve their millions. Because if we did not pay them this much, they might go work for the competition, right? God help us if one of them left the company.

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