TSXV:WEE.H - Post by User
Comment by
wittmannon May 16, 2019 8:13am
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Post# 29751440
RE:RE:RE:RE:Management
RE:RE:RE:RE:ManagementNobody argues that WEE's tech increases like all output.Whats been missing in data is how long does it do that?I think it's obvious...Not long enough to justify paying for continued use.Years ago WEE touted their tools as a source of steady income by simply 'renting' their tools and collecting monthly fees.Thats the reason I bought into Wavefront.It sounded wonderfull 10 yrs ago.Since then there's been no meaningful repeat customers. that's why they keep moving geographically. Always looking for new customers because they can't hold on to any old ones.With hundreds of opportunities over the last decade they've got not one steady customer...Not one.
The new customers merely allow WEE to stay afloat.Management change would be cosmetic only.Although I certainly have no love for present management with their years of over promising and under delivering,Wavefronts tech isn't favourable for the long term.Its actually very simple...
If it was such good tech,why after 10 long years isn't it accepted? Do we really think all oilco's are so stupid not to embrace a tech that can make them more profitable?
I know posters here have high hopes...so did I..10 yrs ago.
I'm hoping they break this company into pieces, to temporarily boost the shareprice.
And then I'm gone....10 yrs is long enough.