Acceleware Ltd V.AXE

The Lawyers MUST Of WARNED THEM: Oil Revenues DISCLOSED

[ztransforms173]

Proceeds generated from the sale of produced oil from the pilot test are recorded as an offset to project costs within research and development expenses. Proceeds from the sale of produced oil in the three months ended September 30, 2023 were $37,400 and $89,804 for the nine months ended September 30, 2023 (three months ended September 30, 2022 - $85,719 and nine months ended September 30, 2022 - $132,225).

- I was VERY CRITICAL of them for NOT DISCLOSING this INFORMATION before

z173

[Whampoa]

Nice find z The Marwayne Pilot continues to produce sales oil even without injected power??! Q3  $ 37,400 Q1 & Q2   $ 52,404 = 89,804 - 37,400 Not much discussion on this?

[ScarletSpider]

From my recollection the company did disclose prior to this financial at the very least that one the oil production is estimated at 1 to 2 million for the duration of the pilot depending on the fluctuating oil prices. People could go back to fact check this so what was said in production amount is of no surprise but the actual revenues yeah i dont recall those figures although it has to be in the