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 Possibleidiot01on May 29, 2021 2:42pm

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RE:RE:RE:RE:RE:today

It would make sense in a way to have all the company owned machines operating under one banner but in the Q3 results , the company says

"REVworx™Toll Manufacturing Division:

EnWave intends to start a new operating division called “REVworx™” that will serve as a toll manufacturing facility for companies seeking third-party manufacturing resources to launch new and innovative REV™-dried products into the marketplace. At present, there are no large-scale REV™-processing facilities that have flexible toll manufacturing capability in North America, and there is a growing demand from consumer products companies for this service........."

New division to me says separate accounting.
2016 to now has been a frustrating time.

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