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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.


TSXV:AXE - Post by User

Post by ScarletSpideron May 03, 2023 11:56am
139 Views
Post# 35427690

Fantastic I Hope This Really Lousy .21 Holds

Fantastic I Hope This Really Lousy .21 Holdsand that this is the final slide down because this has gone back way too many times and has come to a stupid bottom that is if this is it. I am quite disgusted with the way things have went and are going and hope that the workover is in fact finished no later than early June forget beyond that. This has been in a huge free for all because of that and in some ways when there is no heating activity for nearly a year the price may in fact be warranted as much as I dislike to say that. There is no excuse for things to have stalled this badly or to have been here in the first place but things are what they are. I do expect that 1 the price holds and 2 the heating happens early June latest because if it goes past June I would hate to think where the share price will be then. .10-.15???  Pretty bad due to a full disregard to retail shareholders on transparency. The company should have been way more forecoming and should have stated in July that they would need to do a workover which is not anticipated to start until late October. It took them until September to say that not excusable. Further it took whatever month this year (I don't have the press date at the top of my head) when the company was expecting the workover to be completed it was probably March or thereabout. Why is the company waiting a month or more to be telling us all that??? There is no reason that they should not tell us before that is what I am extremely upset about and then the fact that they did not tell us about a planned incentive at less than .23 and we are kept wondering why the hell are the bids at .20 and .205 if the shares are being shorted but again we get our answer a month or more later. This company has been lousy in terms of transparency. I would not be happy with all that is going on but if given the heads up ok I would not be disgusted at least I knew not this bs of hiding intentions not excusable. In any case, despite all this I really do hope that this is the stock i still see it to be. As I said if I wasn't convinced the tech is good I would have dumped this and never looked back however that isn't still addressing what management will do ultimately in the case of a potential buyout. So far the pattern is that they are more concerned about the insiders and not at all about retailers which is typical of all public companies that leads me to believe what people are saying about a few dollars is more likely the case than not. Having said this I will as I consistently said vote down any possible acquisiton under $40 and whatever comes of things be as it may I will just simply say thank you and move on. I know without any uncertainty unless the tech is not even good this will hit at least $2-$3 I am not concerned at these price points but that is a far cry from where I see it. Anything under $5 this year is an epic fail. $5 is also a fail in my books. I expected $3 to $5 last year based on the fact the workover would not take more than a few months by this I mean no more than 3 max but more like 2 but the company was not transparent--I am not going to say dishonest they never said anything when they did well that is what they are expecting so i guess this is all relative. The fault however as I claim lies with me. When these were .40's I should have dumped a quarter or 20 percent if they moved up i have 75-80 percent if not as they are now I could have bought the same amounts and pocketed the difference. Now I am holding for at least $2 then I may well take out my principle and by calculations make $10 and have more than 75% but I am not really liking to do that as I want 5500 shares long and if i only have 5900 and use 1000 i am too short so my strike point will need to be $4 so if I want this no matter what the shares do I can't complain that was the plan. Nevertheless, if the shares are doing really bad I may adjust the plan and the amounts I hold longer term. I will as I said need to see where things go at start of heating and if there are any contracts or revenue flow through within the third quarter earlier the better. If no then I will need to figure out when it will be likely. My best guess is not until the coming year. I think as I said earlier there would need to be at least three testing cycles four to be safe so I will be shocked if there is any type of real revenue flow through here there may be small amounts as perhaps there are still a little right now as oil is being harvested but negiligable is my guess although instead of speculating as I am I will wait and see but plan for next year for being the more significant revenue from oil this year I think will be a bit too soon to expect anything huge revenue wise but I may well be wrong which I hope so. Regardless, $5 plus is what i want ideally it was no less than $15 but that is looking like a hard sell. Anyways for now lets see if .21 is base and if this lousy base holds it is better no doubt than if it doesn't. Then let's see heating start the rest will come after so really these two things for near term for this and the next quarter (3rd) 4th we should see some revenue flow through if there is some now it should be improved on if not then it should start. well if these stay low moving past June I will likely add--I bought some comics so that kills my plans now until end of June let's see if the heat is on which will mean i will not likely be able to buy if not i will add a few more.
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