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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
Bullboard Posts
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(7)
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Comment by wittmannon Apr 03, 2019 9:56pm
87 Views
Post# 29579791

RE:RE:RE:RE:Selling Pressure.

RE:RE:RE:RE:Selling Pressure.Well you have me there,but I should have been more clear.They've landed some hopefull deals in the past but no repeats...or at least ones that mattered.Thats why after all these years their profit margins are terrible.Whatever cash they have ,they spend .In a growing business that's the proper thing to do.But you need steady and recurring revenue which translates to profit...the key is recurring. I can't emphasize that enough...Kuwait 's  million helps ,but it's unknown to repeat
So far that's never happened. Why else do they move to different regions?..no repeats .
BTW..although the price went up a bit,it would've been more reassuring to see big volume.Dont get name wrong here...I hope Wavefront does well...but all is not as well as you would like it to be.Sitting at a few cents over yearly lows doesn't instill confidence 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities