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Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

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

Bullboard Posts
Comment by dmacdon Jan 19, 2019 4:01pm
82 Views
Post# 29255920

RE:RE:new video Midas letter

RE:RE:new video Midas letterA complication but the key is that it can be put back. I assume the technology can be adapted with variable drying parameters to optimize. Generally with good scientific studies at bench scale these issues can certainly be overcome. Clearly natural drying works so the development team will want to find out how to dial back the process to see where the break point is. If the water vapour phase extraction cannot be overcome due to equilibria at lower P & higher T then they will still have the ability to separate it from the water phase and reintroduce it back on the finished product and probably in the firm of an atomized mist prior to removal. Agencies should be ok with adding it back as long as the physical chemistry is unchanged. This could be good for the oils products since it offers variations on the recipe. There are always learnings. The learnings may be very interesting for the food market. Thermodynamic properties and phase equilibria should be straight forward for the PhDs. It could be as simple as rotating the drum more effectively if the compounds are delicate or slowing down the drying T or P yo shift the vapour phase extraction. Fortunately it seems that physical separation upon cooling works well enough. It would suggest that the chemistry is very well understood given the oils market has been out there for a while now. Enwave should know well enough what direction to do and perhaps it was a mistake to be less open with the markets. They clearly need a better or better funded development team or to be more honest with the markets. This development should be partly why Enwave commands a higher royalty sinc 1 or 2 cents per gram is not that great. I would have expected more future innovations to infuse flavors and other additives into the smoked product and hence there would be a mechanism to add royalties to fund such work. This would be a winning strategy for the medium to longer term for both sides. Hopefully the company is sharper than it seems although they are doing so well on many fronts that maybe they deserve the benefit of doubt. It is hard to know for sure from the arm chair here. In the next year the biggest risk remains the MOON CHEESE product since cannabis royalties are still looking 2 or 3 quarters out.
Bullboard Posts