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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 gojotv!on Oct 21, 2022 12:40pm
246 Views
Post# 35039261

So much speculation... here are the facts

So much speculation... here are the facts

It's perfectly normal for the share price to show high fluctuation (on very low volume) in the weeks before financials... Just manipulators or hopeful speculators hoping for a fast buck.
Typically, the price drops in the minutes after financials are released and we are shown another quarter of red ink.
The notion that low volume is a good sign when "investors are selling all but their 'must own' stocks" made me laugh out loud.
Investors aren't selling WEE stock becuase there's no money in it. Expect large volume clearance sales later this year as year-end tax loss season approaches.

This company needs less expensive, more effective management. Nothing's going to move until major change occurs or (eyeroll) we get two successive quarters of profits.

Since the latter seems less and less possible, we should be gearing our efforts as shareholders on the former. Or kiss this company goodbye. Management made their millions from this venture. It's time we gear it in, let the engineer tinker in his lab, get a real, hungry CEO, and actually create a profitable company from this shell of a pipe dream.

 

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