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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Post by everswannon Apr 26, 2010 10:55pm

410 Views

Post# 17033644

Market Reaction Tomorrow

We will see if the market is happy or not about the financing.

I was coming that's for sure. I am glad that it is done. The market can now focus on the real issue: Growth.

I think the manufacturing cost of a powerwave unit is 2000$.
Managment will have now to explain what they did.

Q2 earnings is tomorrow.

I think a lot of institutional player will buy in tomorrow.
I think market reaction will be positive.

It's not uncommon for a stock to go up after financing.

Enablence
Bioexx (up to 2.35$ before bad news)

are two company I own from time to time where SP increased after financing.

Bottom line, WEE looks cheap now and cheap stock attracts buyers.

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