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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.


TSXV:AXE - Post by User

Bullboard Posts
Comment by nixyveston Oct 18, 2010 6:53pm
289 Views
Post# 17579341

RE: More Hiring

RE: More HiringI guess this is why AXE directors are pretty excited.

Paradigm is a privately held company but I did find a 2009 revenue. (I'll find that site again)
Approx. $35mil with a $7-9mil loss, so they love spending money (which is good for us)
And they really need this new software to boost sales to offset spending.  The parent co has lots of bucks
& manage approx 1.5 bil. and for them to throw 2 times Paradigm annual revs at this project is a big deal.
Not just a bid deal but somewhat of a saviour for Paradigm if they capture more market share.

As for the .11cent stock axe will have to prove themselves quarter over quarter from here on.
And the MMs are keeping this stock at bay so it doesn't run to .16 or .20. So that their is a greater
pop when real news comes along; and that's what will grab investors attention.

Not sure what to expect for the quarter. But we should hold even if it's just a fair quarter, as Paradigm
has 65mil to spend and probably will want to buy some axe shares as a gesture of good business relations.
Bullboard Posts