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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Post by astuteinvestor1on Feb 15, 2019 7:20am

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Post# 29369092

Whatever happened too....

It was just a year back when Kuwait, Oman and Saudi looked like projects that would take WEE over the top. Then there was Colombia with immense potential. Prior to that it was Mexico and Argentina. Now we are told that the company will focus on Nort America. Why this sudden pivot. Is the technology not adding to the clients bottom line? Why would clients in North America react differently. In the AGM the company will come upwith something that appears very promising but does not deliver. The company has launched many new and improved products. Nothing has captured a sustaining demand, except for a flash in the pan here and there. I however commend the board for having taken the step to find other options and put the shareholders out of misery. Any comments from longtime shareholders as why this time it's different?

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