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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

Comment by ScarletSpideron Aug 21, 2023 12:26pm
86 Views
Post# 35598011

RE:WHERE Is The Pathways Alliance SUPPORT For AXE ?

RE:WHERE Is The Pathways Alliance SUPPORT For AXE ?They kicked in some initial amounts and have provided the site to which i have said i am very grateful for but it is because of everything else i was not too pleased about and how i knew that the Pathways interest is not to help out too much because they i hate to bluntly put it ths way want to see the company bleed and weak so it along with everyone at retail consider a cheap buyout. I have been saying this for the longest time. The alliance is made up of for profit companies Cenovus Suncor etc and it is not in anyones interest to be paying several billions for this tech when they are probably hoping for a few hundred millions but possibly no more than a billion. If they wanted to help they would have and the share would not have dropped this far along with the pp closed way sooner. It isnt in their interest to help axe tyey want to get the tech next to nothing and have wanted to all along. People generally dont do something for nothing and from the goodness of their heart especially when it comes to business they look to protect their interests first thats jyst the way it is. 

Regardless i see excellent things happening despite the financial strain it is tight but the company is managing and they will continue. I can see the company possibly considering to issue shares to financers who they have been getting bridge loans to if those financers see merit in what is going on. Maybe keep the rate even with money but paythe increase in shares just as an example if not the company will raise capital as it needs to but i figure whatever long term deficit it carries will be wiped out with contracts once the company is open for business. So far they have done an excellent job in share management and keeping the outstanding shares low i dont see that changing. I also see once the pp closed it will take away some tension although it will be 7 months say from September to March so lets see if an equity financing will be done or another loan.

Bottom line i believe the company is confident that there will be enough revenue flow through to get this monkey off its back. The fact they are taking bridging loans shows to me they are very confident in the tech and prefer to include them to keep share dilution down. Generally i wouldnt think this is a good idea for starts ups to do unless they know they will be able to handle the high borrowing rates and the extra percentage up will no doubt create stress in which i suspect axe will try to negotiate it to a lower rate or possibly issue shares to offset the difference as mentioned earlier. Bottom line it will be tight but money will come one way or the other. 

The thing i am focused on is the company remains confident in the tech as per the data observed to date. If things were not working this would have been finished and as jefferey stated and i fully agree Summer of 2024 this will see multiple dollars on the basis of contract(s). I have said what i said i think multiple dollars is possible without contracts as to what i said however i see multiple dollars. The only way it will not is if the tech falls short which there isnt any reason for that it is more fine tunning the strength duration and intervals in between while factoring in the rate of equipment wear and tear and how to maintain and or replace it all logistic stuff. I am deducing in terms of oil flow it is already quite beneficial and works especially without any solvents and at this point steam and i suspect it will continue to be the case. 

I fully agree with jefferys patience is needed here the price will continue to fluctuate in share value as it would anyways. The key thing to ask vs anything else is is the tech working? If yes nothing fundementally changed here in this regards and financing is always ongoing with companies but the key is to be able to manage the share structure as well as loans which so far the company has been doing really well.
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