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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

Comment by himmleron Jan 07, 2023 10:31am
154 Views
Post# 35208628

RE:RE:RE:gojotv

RE:RE:RE:gojotv
Too be clear I'm not a defeatist.But when one looks at this company's past operational history it does appear to be positioning itself for a "going private" strategy.
It's just my opinion and actually shared by GoJo.
They've always provided an income for its management ,but rarely if ever turned a real profit...and did that for over 20yrs...that's truly an amazing feat.
Furthermore ,shares were quietly accumulated by Berger (quite a few actually) during a time where there really was no concrete reason to do so.
The companys news releases about potential clients during that time really meant about as much as any of their releases..in other words not much.
The problem with gojos plan is that he speculating about unknowns.
Insolvency is the biggest one...that's means bankruptcy..plain and simple.
If that's the case zero can be done.
A company declares bankruptcy and ..ceases to exist.
But...the management simply creates another company and or /joins another one they're affiliated with and continues on.It happens all the time..ask Donald Trump lol.
GoJo hopes to derail this and I cannot see it happening.These guys running WEE are far too sly..their track record is perfect.
..For screwing the common shareholders that is
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