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.

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Wavefront Technology Solutions Inc

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Comment by islandbrookon Feb 02, 2020 2:59pm

91 Views

Post# 30631271

RE:RE:RE:Lowest revenue in 8 quarters:

If the contract has to do with a glitch in timeing, then the 2nd quarter could have sales of $1.3 billion related to the contract.. Management owes its shareholders a more detailed explanation of the problem promptly. Note that there is only 27 days remaining in the current quarter which ends Feb. 29.
As for management having learned a huge amount over the past decade, I contend that they remain clueless when it comes to dealing in an honest fashion with sharehokders. It remains a series of promises and outlooks that are failed to be delivered .

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