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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.


TSXV:AXE - Post by User

Bullboard Posts
Comment by MOJOJONOon Feb 03, 2019 12:14am
73 Views
Post# 29311297

RE:Stock options.

RE:Stock options.

If I recall correctly they give out stock options regularly. 

Probably in lieu of pay, which is good in terms of not draining the company's cash and ensuring key employees are aligned with shareholders. So if employees have been willing to take this form of compensation then they may have some form of belief in what the company is doing.

Keep in mind this is a micro/small cap company of which nobody knows whether they will survive further down the road. Full monetization of their product that is currently in testing is not guaranteed. So it is a long term bet that yes, they will be successful. Not a short term share price winner.

Example: https://acceleware.com/content/acceleware-corp-grants-stock-options

CALGARY, Alberta – Feb. 5, 2008 – Acceleware Corp. (AXE: TSX-V) announced today that it has agreed, subject to regulatory approval, to grant its new Vice President of Sales, Mr. Shawn Lorenz, an aggregate of 100,000 options to acquire common shares of Acceleware.  The options have an exercise price of $0.82 per share and expire on February 5, 2013.  10% of the options will vest on February 5, 2008, 30% will vest on February 5, 2009, 30% will vest of February 5, 2010 and 30% will vest on February 5, 2011.

Bullboard Posts