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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 24, 2023 7:06pm
184 Views
Post# 35462780

Stronger Balance Sheet And Heating Cycle

Stronger Balance Sheet And Heating Cycle Not really behind. After going back to read to reconfirm when heat started March 10 2022. Initially, the company said from my recollection 6 tp 9 months possibly more if requested. Heat was on for 5 months March 10 to July 27th when we were informed about the dts. Call it 5 and a half months. Now the heat stopped for a year due to still needing to finish the workover so lets say things ran perfectfrctly for 9 months the testing woiuld have ended December roughly. Now given it didnt we are behind 6 months providing the workover is in fact finished by June end latest and then another 6 months two phased cycle from my inderstanding. First phase half the heat next double hopefully this doesnt cause damage to anything if the company again doesnt have any spare parts which i am assuming they will not likely do so due to possible costs. I would do a raise for spare parts because time is worth more than money you cant keep wastiing a year at a time with hammered share value but it will be what it will be...so if no raise for spare parts i will keep putting it out they dont fry anything after this past July. If they do a raise to cover that basis i would highly support this move just get it done immediately with every comtingency taken care of no hammered share value omce again. On the whole good to see the balance sheet is getting stromger and a feel as to how much revenue has come from the produced oil keeping in mind future productions are hard to factor in due to fluctuating oil prices as well as heating cycles more when heatinh less no doubt when not and so why i would be looking for more surety to have spare parts if heaven forbid they get damaged again you can replace faster and create overall stability moving things forward while at the same time create a bit more certainty in oil revenue production. In any case overall i am quite happy with the press and it continues to show the process is workinh the only thing is for the process to be achieved successful through the full heating cycles without any further disruptions other than if the company wants to turn heat off by choice. In any case, at this point contingent that everything runs smoothly with or without spare parts i am relatively conditionally pleased. The past is gone and i am trying to let it go so if there is no cotingency for spare parts i will hope things work passed the pilot and enough money generated to get spare parts if the company looks to run plants versus findinh out the best way to make very good money be it licensing royalty non exclusive basis exclusive licensing royalty for a proper and fair divestment of the tech for only the oil use or if a huge fair full buyout takung into account the other streams i highly doubt the company will move this way. Regardless so far things look decent and i guess we keep seeing where things do go. I will hold through the year not in any rush to sell shares and if i can get cheap or possibly buy no higher than .50 another handful and likely last stab i will if it runs fantastic i hold carefully what i have which isnt much. No point looking at day to day here altjouhj i find it hilarious when the ask dropped from..27 or whatever to .255 the bid was .225 with a bid of 32 to ask of 2 when i last checked to a bid of .18 to .30 with a 12/171 ratio...too funny. You can either keep getting pissed at all these games and manipulations and not seeing the shares really go anywhere hold any type of uptick above .23 and that too when it did the ask being .30 may be there but the bids still pissing around at .225 and only most likely either some insider getting shares less than .30 or maybe shorters that are working the ranges covering top and bottom.or as some raised margin calls but regardless i at retail will not see .30 when the ask is there and if i wanted to sell i would definitely cry foul so i am not the least interested until minimal $2/share to even consider i will keep pushing this like i said i am in no rush i will wait out all this stupidity and as i said if i can buy cheap thanks for the cheapies just dont expect me to return the favor i ak putting up with all this shiate thats my cost. In any case thos will do bettet than low .20s for sure. I want $5 plus but again i am in no rush to move regardless where it ends. This year may be an epic fail for me anything less than $5 or it may hit $5 either way this will certainly be better than where we are now!!
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