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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 pandaron Aug 01, 2014 9:29pm
349 Views
Post# 22804668

Working Capital Position

Working Capital PositionFrom the last 4 MD&As ...


- The Company is of the opinion that its working capital position of$12,479,239 as at August 31, 2013 is sufficient to cover its current commitments and operations for the forthcoming fiscal year.

- The Company is of the opinion that its working capital position of $11,983,566 as at November 30, 2013 is sufficient to cover its current commitments and operations for the forthcoming fiscal year.

- The Company is of the opinion that its working capital position of $11,247,135 as at February 28, 2014 is sufficient to cover its current commitments and operations for the forthcoming fiscal year.

- The Company is of the opinion that its working capital position of $10,663,007 as at May 31, 2014 is sufficient to cover its current commitments and operations for the forthcoming fiscal year.

... so how much will those yet unrealized South American contracts affect the bottom line?

GLTA

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