Bullboard - Stock Discussion Forum Enwave Corp NWVCF

Primary Symbol: V.ENW

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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... see more

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Enwave Corp > New Press Release - EnWave Signs Royalty-Bearing Commercial License with Established South American Food Manufacturer

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Post by PressRelease on Feb 28, 2024 9:00am

New Press Release - EnWave Signs Royalty-Bearing Commercial License with Established South American Food Manufacturer

VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") today announced that the Company has signed a new royalty-bearing commercial license (the “Commercial License”)with an established South American food manufacturer ...read article.

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Comment by Ciao on Feb 28, 2024 9:34pm

120KW REV machines sell for about $2.5M, subject to financing, sale could take place within 6 months 10KW REV machines sell for about $300K, option to buy 2 machines would provide $600K in rev combilned rev from the sale of these machines would be $3.1M

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Comment by Possibleidiot01 on Feb 29, 2024 3:45pm

This is one of those times the market makes little sense , 24% jump yesterday followed by a 12% decline ( back to last week price) despite a second news release today about BranchOut Food and the expectation of significant royalty revenue on their sales of $8.5 million - almost all of which should go to the bottom line. Equally impressively BranchOut signed a tolling agreement with Enwave ...more

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Enwave Corp