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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Comment by marketstickon Jan 12, 2019 3:36pm

69 Views

Post# 29223545

RE:RE:2019 First QUARTER Financials - January

I agree but the word "revocable" gives the contract an environment of weakness. It concerns me that NPS would not want a stronger agreement with a techology that is, ostensibly, the best in the market and the Saudis want to expand. And they are committing more capital to a third coil tubing. There is something missing...as usual.
Also, on the Revenue front, there has been no announcements for 3 months. Equally as important as Revenue is collecting on what WEE sales! The next Qtr report will reflect the status of the $400k+ debt!

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