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Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

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.


TSXV:ENW - Post by User

Comment by CashFlowRealityon Sep 23, 2021 4:57pm
170 Views
Post# 33909284

RE:RE:RE:RE:RE:RE:So KIDL... please speculate what the last 500k means

RE:RE:RE:RE:RE:RE:So KIDL... please speculate what the last 500k meansWhat are you talking about AURORA for ...

the deal ... Aurora Cannabis and EnWave Corporation Enter Global Licensing Arrangements Establish Intellectual Property Partnership and $10 Million Strategic Equity Investment - EnWave Corporation said this ...25-Apr-2019 (over two years ago) ...
Pursuant to the terms of a share purchase agreement between the parties dated April 25, 2019, Aurora has purchased 5,302,227 common shares in the capital of EnWave (the “EnWave Shares”) at a deemed price of $1.886 per share, based on the volume weighted average trading price (“VWAP”) for EnWave’s shares on the TSX Venture Exchange (the “TSXV”) for the five (5) consecutive trading days to and including April 22, 2019. As consideration for the EnWave Shares, Aurora issued to EnWave 840,576 common shares in the capital of Aurora (the “Aurora Shares”) at a deemed price of $11.8966 per share, based on the VWAP for Aurora’s shares on the Toronto Stock Exchange (the “TSX”) for the five (5) consecutive trading days to and including April 22, 2019. The EnWave Shares represent approximately 4.91% of the issued and outstanding common shares of EnWave on a non-diluted basis.

In short, why do you persist on speculation of Aurora being the persons behind today's massive volume.

Next, you ask silly questions like "who else owns 5million shares"... do you not read the (transparent) and public filings on SEDAR?

e.g. Management INformation Circular (9-Feb-2021, page 27) states "Bud" (all by himself plus his spouse) has 1.8 million shares.

i.e.. so at least one insider has 500k or more of shares (and why don't you believe some other private investors may have that many shares too)?

Stop "dumping" on this company.
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