Sixth Wave Innovations Inc SIXWF

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[lscfa]

Has this Maryland producer been mentioned before?   

The Company has sufficiently progressed the body of test data for this application that it is ready to start scaled up testing with its desk top (Discovery System) and pilot system as soon as a development partner is located. The Company is in discussions with a Maryland producer for this purpose and to take eventual delivery on a production Affinity system. The Company is not making any expressed or implied promises that negotiations with this producer will end in a contract. The Company has not had sufficient funding to actively market the AffinityTM product and opted to hold off formal efforts pending obtaining sufficient working capital and a viable scale up partner. Despite that, the Company continues to receive inquiries indicating that demand for the AffinityTM product remains and that once scale-up and SOP development is complete that sales should follow.