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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 graffleon Dec 06, 2022 1:14pm
193 Views
Post# 35153846

Progress

ProgressWhy has WEE had so much trouble with repeat business? IF the technology is good, why is retention so low? With the vast increase in oil prices, why not a surge in business? It is certainly concerning that none of the promotion companies hired over the years has done a good job on getting the price up. 4 months since the last announcement of anything. The company says that all the deals announced last year are still current but delayed. Still nothing?

Not a lot of hope other than a great tax loss vehicle, in my view. Should have sold when it took off last year. I see no optimism coming from the Company. Dead quiet, nothing to see I assume.

This is too bad. I and a number of others had hope, but the execs are getting long in the tooth and nearing retirement. I don't see any energy for a resurgence in this stock.

Convince me I'm wrong.
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