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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 > WOW ! R&D SALARIES CUT To The BONE With 10 Employees
View:
Post by ztransforms173 on Nov 20, 2024 10:32pm

WOW ! R&D SALARIES CUT To The BONE With 10 Employees

Salaries R&D ($):

Q2/2024:   437,591

Q3/2024:   259,547

CHANGE Q3/Q2 MINUS 178,044 (- 40.69%)

- this makes SENSE as the RF XL project was PAUSED in Q3/2024 and the EM-POTASH PROTOTYPE WORK was COMPLETED in Q2/2024

- RF XL WORK has RETURNED in Q4/2024 and PHASE 3 EM-POTASH has been SUBMITTED for REVIEW & DECISION

- there was an UPTICK in PROFESSIONAL FEES from $ 90,601 in Q2/2023 to $ 150,242 in Q3/2024

z173
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