Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s):  WFTSF

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.


TSXV:WEE.H - Post by User

Post by fluviuson Nov 23, 2021 3:22am
438 Views
Post# 34155732

press release summary

press release summary

Yes we have had a flurry of PRs about on-boarding customers and the market seems to sense big orders to come.  One PR that got a little overlooked was the one on the M$ 12 credit line.  For WEE to fulfill a purchase order from a reputable company, WEE needs cash on hand, otherwise a reputable customer would not place an order with them.  In most biz transactions you should show between 10 to 25 % of the value of the order as liquidity.  Would you do business with a builder for a 2 million $ home, if that builder has no cash-flow and no credit?   So for me, that Wavefront made a deal to have access to M$ 12 in liquidity is a sign that they are expecting very big things to come -  very BIG.

 

 

<< Previous
Bullboard Posts
Next >>