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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Post by mikhalon Jan 08, 2014 7:42am

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Post# 22068535

Cash used Aug 31 to Dec 17,2013

Be aware there was a decline in cash of approximately 950,000 over this time . The cash could have been used in several manners 1) operating cash loss 2) payment of payables 3) increase in inventory or capital assets. Putting some realism in the expectations for the 1 st quarter results. I personally am happy to have one last shot at depositing aprox 40,000 additional shares in my wife and my TFSA. Between myself and my friends we hold about 3 million shares and I will be attending my third annual meeting in Windsor this year. Hope to see more investors there this year. Good investing to all. Mikhal

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