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 > Anything UP?

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Comment by gojotv!on Feb 13, 2021 1:30pm

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Post# 32562101

RE:Anything UP?

'Tis devoutly to be wished, intrepid. I'm sick of the big blotch of red Wavefront left on my portfolio.

intrepidcdn wrote: Heaven only knows whats driving the price and volume up, but a few observations. First: We can all likely agree the 1st 1/4 results are not driving this. Second The price and volume increased a few days before the Malasia news release (pre-qualification matter) and continued until about 3 weeks after the next news release (Saudi Arabia rental agreement matter with a miltinational oilfield services provider).

Did anyone make note of the following words from the Saudi Arabia release:
. "The Company looks forward to working towards receiving a larger, general services agreement to provide Wavefront technology across the 90 global locations the Client serves,” said Wavefront President and CEO, Brett Davidson. “We believe that the addition of the Client as a distributor in the Kingdom will augment the efforts of Wavefront and our local agent to build on the Wavefront name brand to further commercialize Powerwave well stimulation technology with the NOC.”

I wonder if some investors are speculating that maybe, just maybe, either or both of these news release are showing some additional fruition.