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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 mrtnreaon Jul 27, 2011 12:25pm
285 Views
Post# 18878619

RE: RE: Jim Letourneau

RE: RE: Jim LetourneauThanks Holler

from the same article dated Mar 31. 2011 ..... therefore below mentioned tools billed for tire Q3.

"Now, at last, Powerwave appears to be breaking through: it has 109 unitsdeployed in Canada, the United States and abroad, each earning $3,000per month in licensing fees, and contracts have been signed for another227."

Should be easy to calculate MINIMUM POWERWAVE REVENUE for Q3.

109 * $3000 * 3 months = $981,000.

With already signed contracts and a 90 day policy Q4 should show even more dramatic growth and break even, depending on whether expenses are still falling and more contracts are coming on board from the companies already announced as potential clients and potential expansions.

And the market response will be ....   ?????????
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