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Sixth Wave Innovations Inc SIXWF

Sixth Wave Innovations Inc. is a Canada-based nanotechnology company with patented technologies. The Company is focused on the extraction and detection of target substances at the molecular level using specialized molecularly imprinted polymers (MIPs). The Company’s product brands include AMIPs, IXOS and Affinity. The IXOS is a line of extraction polymers formulated for deployment in the gold mining industry. The Affinity system is using its MIPs, which are designed to capture and extract cannabinoids from filtered crude extracts without the use of traditional winterization and distillation. The Company’s patent portfolio covers extensions of the designs for extraction and purification of other critical metals including nickel, cobalt, rare earth elements, and platinum group metals. It also designs, develops and commercializes MIP solutions across a spectrum of industries.


GREY:SIXWF - Post by User

Comment by throwaway11on Sep 03, 2023 12:24pm
148 Views
Post# 35618070

RE:RE:RE:RE:December 2023

RE:RE:RE:RE:December 2023I looked this up a long time ago for another company. The rule is the same for the CSE, but they allow exemptions under written request of the company for various reasons.

IMO this reverse split exists for one reason and that is to allow the company to raise again. They have a large liabilities statement and a secured loan to one of their own advisors. They're trying to escape from a rock and a hard place. The second the stock R/Ss, existing shareholders will be clamoring for the gates because they know the raise - which could be a de-facto once cent raise for millions of dollars - will be the immediate next move.

If people keep staying in this stock your money will go to nothing. I was still in some sense a bull (because I know the tech could be good) until recently but this is the last straw. I can see where this is going.
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