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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Comment by risetothetopon Mar 09, 2015 6:23pm

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Post# 23504036

RE:RE:RE:RE:RE:market cap.

I believe they would need about $10-12 Mil a year to become cash flow positive, and ENW believes that's possible within 12-14 months (quoted from an interview on commodity tv in Feb). They also have about $6 mil in cash, with no need to raise funds going forward.

ENW hopes to be able to cover most of their expenses through equipment sales, and then be able to use royalty revenue to eventually pay out dividends. It does give me a warm fuzzy knowing that this company should easily be able to keep their head above the water and turn a profit in the short term. The only real unknown is how big this could potentially get IMHO. I wish everyone the best in their decisions.

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