Enwave Corp V.ENW

Alternate Symbol(s): NWVCF

Industrials

EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold REV equipment to a diverse portfolio of companies operating in over 23 different countries on five continents. It also operates REVworx, a toll processing facility located in Delta, British Columbia that offers vacuum-microwave contract manufacturing services. The REVworx facility houses both a batch 10 kilowatt (kW) and 60 kW continuous vacuum-microwave line to accelerate the commercialization of products made with the Company’s patented technology. The Company has two primary commercial scale technologies, nutraREV, a drum-based system, and quantaREV, a tray-based system.

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Comment by kidl2on May 28, 2021 11:48am

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Post# 33286247

RE:RE:today

If you look at the history of NutraDried, they made 4 moves. 2 good, 1 bad and the latest very likely a good move.

Move 1: Good as they needed to take control of ND.

Move 2: Good as they built sales in a slow and controlled manner.

Move 3: Bad as they overspent on brand development likely because they got overconfident due to the Costco bump.

Move 4: Likely good imho as it is designed to bring them back to a profitable ND which largely produces not on spec but based on “cost plus” orders while serving as a testing ground for potentially large scale system purchasers.

Having followed ENW for a long time, I can see clear signs the Budreski is once again in full control of ENW and that’s a good thing.

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