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Enwave Corp NWVCF


Primary Symbol: V.ENW

EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold REV equipment to a diverse portfolio of companies operating in over 23 different countries on five continents. It also operates REVworx, a toll processing facility located in Delta, British Columbia that offers vacuum-microwave contract manufacturing services. The REVworx facility houses both a batch 10 kilowatt (kW) and 60 kW continuous vacuum-microwave line to accelerate the commercialization of products made with the Company’s patented technology. The Company has two primary commercial scale technologies, nutraREV, a drum-based system, and quantaREV, a tray-based system.


TSXV:ENW - Post by User

Post by CashFlowRealityon Oct 08, 2024 9:09am
129 Views
Post# 36257562

Again the need is downsize the management team

Again the need is downsize the management teamRecent video has Brent saying $4million a year to operate things (of the current size).

Today they announce "credit facility" ... with a runaway a bit bigger than that. So yes, marketing is needed but so is the need to cut down on overhead of management and director team.

Otherwise, why invest here. Shareholders been waiting for a dividend and the organization has a growing royalty base; i.e. reward the effort that gets you there.
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