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Bullboard - Stock Discussion Forum Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in... see more

TSXV:AXE - Post Discussion

Acceleware Ltd > IMPORTANT Question: WHY Did The TOOLING FAIL ?
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Post by ztransforms173 on Oct 04, 2023 1:53pm

IMPORTANT Question: WHY Did The TOOLING FAIL ?

- CEO gives statement that the TOOLING FAILED in the SUB-SURFACE but was OK when TESTED IN THE SHOP

- so WHAT was it ?

* TEMPERATURE

* PRESSURE

* ELECTROMAGNETIC RADIATION

* MECHANICAL SHOCK due to UNEXPECTED IMPACT

- WHY did IT FAIL NOW but was WORKING when they STARTED the RF XL project INITIALLY ?

- HOW DID the FAILURE in TOOLING DAMAGE other UNDERGROUND COMPONENTS ?

- they are GOOD questions but AXE keeps their shareholders in LOW INFO MODE and then they WONDER why they get a COOL RESPONSE from OUTSIDE INVESTORS and the share price KEEPS SINKING

- IF NOTHING HAPP
ENS, they BETTER come out with a NEWS RELEASE by the END OF OCTOBER detailing the PROBLEMS ENCOUNTERED and HOW are they going to RESOLVE the SECURED LOAN REPAYMENT DATE

z173
Comment by ScarletSpider on Oct 04, 2023 10:44pm
Yes the company should give an update by the end of the month if we dont hear something about any of the folliwing the debt that needs to be paid this November, the workover being fully and successfully retooled and some milestone payments. It will be quite dreadful if not at least one of these three things happens in this month but be as it may they should be addressed no later than the 31st that ...more  
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