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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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Comment by mrtnreaon Aug 10, 2011 3:02pm
244 Views
Post# 18927571

RE: RE: Thanks, Handson

RE: RE: Thanks, Handson2boat/handson

However, you made a good case for yourexpectations in your Aug 1st post on this Board and you emphasize againthe long lead time in converting contracts to revenues in yesterday'spost.

Recently Wavefront implemented a 90 day policy on all new contracts. I am assuming this is still intact as it was suggested this will remove the lead time by shipping the tools within 90 days so they are billed no matter what. I will have to double check the financials. I believe it may have been mentioned they felt they had at least gained that much demand. I also believe handson mentioned this will provide great visibility and make it easier to calculate revenues going forward.
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Dealroom for high-potential pre-IPO opportunities
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