Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Zorro99on Dec 05, 2013 3:15pm
193 Views
Post# 21975864

Holler, you gotta admit that EVERYONE is SKEPTICAL !!!

Holler, you gotta admit that EVERYONE is SKEPTICAL !!!
What significantly call burn rate has been investment in inventing new tools, building an inventory of new stim and performance drilling tools ahead of sales, investment in marketing and trials. WEE has been launching a new strategy in areas around the world. It required upfront investment. The orders are small to try the technology out at first. Now the repeat business and larger orders are beginning. The trials are now turning into revenue and last quarter revenues shot up like a rocket 62%, the loss of cash from operations collapsed. The upfront investment of getting Weatherford Colombia on the technology, and Weatherford Mexico, and Schlumberger, etc., is blooming. The rocket has taken off.

Read more at https://www.stockhouse.com/companies/bullboard/v.wee/wavefront-technology-solutions-inc?postid=21975004#VrCIEbrux915ztX2.99
Holler, if they keep the BURN RATE at the present levels, WEE will run out over the next year or two.

So, unless WEE starts getting serious about INCREASING REVENUE DRAMATICALLY then eveidentily the SP will go down....that time has come NOW...in my honest opinion,

WEE must show us the revenues that will lead to profitibility at some point sooner rather than later.
JMHO
Bullboard Posts