Acceleware Ltd V.AXE

Latest News Release

[mctrader]

First of all congratulations to all at Axe for the latest milestone; this is great news. Why? Because it proves the viability of the RFXL technology. What better example of that than the successful production of oil at rates "consistent with the gradual ramp up of heating." To me this implies the volume of oil produced meets their expectations. 

I'm glad as well about the "additional intellectual property development" and patents application.

At this point I am not at all concerned about the sale price; Acceleware is still a very small company and I don't expect the price to increase significantly any time soon. 

What Acceleware needs is a good Ad agency. It's one thing to be presenting to the converted at these conventions, but outside of a few regulars on this forum, they are still a little known penny stock. What I would like to see is advertising on BNN and other financial news networks. They need to get word of their successes out to a broader audience. 

I am certain this will happen in time as more successful milestones are met over the course of this summer. 

As for the resignation of Laura McIntyre, I wouldn't read too much into this. The NR states she moved on to "pursue another career opportunity" and this should not be seen as a reflection of the Company. 

Overall, this is a very positive News Release!

[wealth2015]

first I'm thankful to be shareholder in axe, after today's news I sold some shares  booking 300% + profit, I fuly understand how many feel that project is moving greatly, but for me it's time to take some chips of the table, it's long wait good luck to all investing

[in4longrun]

I'm a long time holder of AXE, but may start to trim my holdings going forward because of today's news release. Here are my thoughts on the new release: 1) I don't believe we know yet if the technology really works because all that was said was that "oil is flowing". At what rate is oil flowing? It could be a drop or it could be more? Who knows? Crucially, at what power input

[wealth2015]

for me the problem with news is they declare that there is oil recovered ,  if they said we have oil flowing  which is roughly same as we were expecting at this stage of the heating, shareholders should be informed in timely manner about project not left guessing, this is not some industry secret not to inform all

[blitzer2]

wealth2015 I still don't understand what you are trying to say here, they did not just say that 'oil is recovered' .They said  'The Company is also very pleased to announce that the Pilot commenced producing oil on April 6, 2022, at rates consistent with the gradual ramp up of heating'. Bear in mind on a general news release you can't expect very finite details with

[MisterK25]

Well said Blitzer2, I agree 100%. Some people are reading more into the news release than what’s there ( aka...making stuff up ).