Enwave Corp V.ENW

Alternate Symbol(s): NWVCF

Industrials

EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold REV equipment to a diverse portfolio of companies operating in over 23 different countries on five continents. It also operates REVworx, a toll processing facility located in Delta, British Columbia that offers vacuum-microwave contract manufacturing services. The REVworx facility houses both a batch 10 kilowatt (kW) and 60 kW continuous vacuum-microwave line to accelerate the commercialization of products made with the Company’s patented technology. The Company has two primary commercial scale technologies, nutraREV, a drum-based system, and quantaREV, a tray-based system.

TSXV:ENW - Post by User

Enwave Corp

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Post by sometoaston Sep 06, 2013 6:35pm

260 Views

Post# 21724025

Rise to the top's prediction

Rise:

To become valued at $10 per share, the company market cap would be close to $800 million. To be valued at $800 million, one would think that eventually the company would need to have earnings in the $50 to 100 million/year range. I am not saying this could not happen but that is what would need to happen to justify such a lofty share price.

Also, I doubt you really meant to say the food drying business is worth $400 billion/year, did you? If so, where does this figure come from?

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