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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Technology Software - Application
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

Acceleware Ltd
Bullboard Posts
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(14)
•••
Comment by Kazzkidon May 23, 2013 5:59pm
115 Views
Post# 21434034

RE: RE: Acceleware Reports Second Consecutive Quar

RE: RE: Acceleware Reports Second Consecutive Quar

At this point, it seems reasonable to assume that research costs are significant. Expenes increased by 15%.  Hopefully the biggest portion of that was research. 

AXE are obviously in a niche growth path.  One day they will strike gold.

GLTA

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities