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.

TSXV:ENW - Post by User

Enwave Corp > Lets listen to what the executive says in the morning.

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Comment by JYBJYBon Dec 15, 2022 8:51pm

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Post# 35174828

RE:Lets listen to what the executive says in the morning.

You do bring up some very good points. (For me) I'm not letting them burn my cash anymore.
They are on the precipice of great things. Problem is that they have been for 10 years.
I'm not selling the low stock price as much as I am selling the businesses lack of execution.
There were years of low interest rates with businesses expanding and buying into new ideas. We had lots of lookers and no adopters (at scale). Now there are significant market headwinds.
Declining revenues, no/limited contol of input costs, and an infatuation with selling cheese.
Something is wrong. I don't pretend to know what. I hope it gets sorted out and I will return when it is.

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