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Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
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Bullboard - Stock Discussion Forum Sixth Wave Innovations Inc SIXWF

Healthcare Metals & Mining Technology Gold Cannabis
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... see more

GREY:SIXWF - Post Discussion

Sixth Wave Innovations Inc > December 2023
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Post by Tslayer on Aug 29, 2023 1:26pm

December 2023

I am a long term holder of this stock but the writing is on the wall. $0 revenue for the last 5 quarters. Losses have dropping a bit but still averaging $1 million a quarter. Balance sheet is a mess. I would be surprised if they aren't under C protection by year end. What's the definition of insanity....
Comment by throwaway11 on Aug 29, 2023 2:42pm
The question is if they go under, what happens with the existing work still being done? JG has confirmed they're continuing work with CTRI in Quebec, which is with Draslovka (formerly MPS) and a "Large canadian gold mining company" which anyone doing research on Draslovka can reasonably infer is Barrick Gold. As I described, if Barrick decides to use Glycine in mineral processing ...more  
Comment by Onadime on Sep 02, 2023 9:07am
Well looks like their doing a stock split  1 for every 7  https://ceo.ca/content/sedar/SIXW-2023-09-02-news-release-english-8f88.pdf
Comment by Onadime on Sep 02, 2023 9:37am
Sorry reverse stock split 
Comment by throwaway11 on Sep 02, 2023 4:18pm
Sell everything.
Comment by lscfa on Sep 03, 2023 1:38am
The TSXV requires PPs to be done at $0.05/sh minimum unless co. claims financial distress so rollbacks are common. Don't know what the CSE rules are.
Comment by throwaway11 on Sep 03, 2023 12:24pm
I 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 ...more  
Sixth Wave Innovations Inc