Enwave Corp NWVCF

Primary Symbol: V.ENW

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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Enwave Corp > Why lease the (2) 10K REV’s rather then purchase?

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Comment by JYBJYBon Oct 04, 2022 12:17pm

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Post# 35004348

RE:Why lease the (2) 10K REV’s rather then purchase?

Machines for lease may be "ready to ship" compared to the lead time required to build. Perhaos they are trying to beat a competitor to market and they need to prove their thesis with other machines busy. This implies a sense of urgency and I like it. This could be as good or better than the hopeful Nestl deal (from way back). US military next ladies and gents.

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