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Bullboard - Stock Discussion Forum Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold... see more

TSXV:ENW - Post Discussion

Enwave Corp > comments on the call
View:
Post by Possibleidiot01 on Aug 28, 2021 6:54am

comments on the call

Benedictus, I do agree with you abou tthe litigation - if they are not assertive with litigation  the company has little value. The IP is the value of this unique  company . If everybody can do what Enwave can do , what's the point?

I viewed the comment about the normal issuer bid as we will use it if all else fails to raise the value of the company.

"If our marketing efforts in the capital markets combined with much improved financial and commercialization progress don’t stimulate market capitalization improvement and a fair value from the perspective of the EnWave’s executive management and Board, we will consider using our NCIB to purchase back large amounts of stock."

To my ears , this sounds like we don't really want to use it because we have better uses , many outlined in the call, for the money.
Listed in the call participants was John Budreski - did he say anything?
Comment by prophetoffacts on Aug 28, 2021 7:05am
This post has been removed in accordance with Community Policy
Comment by Benedictus on Aug 29, 2021 12:04am
prophet, you make a good point about the Dole partnership and the due diligence a company like that would do to explore all available options in this space. This partnership and the early excitement about where it could lead speaks to the fact that this technology is not being displaced by other competitng technologies or available options. But just as important is that Dole could prove to be a ...more  
Comment by prophetoffacts on Aug 29, 2021 8:07am
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Comment by prophetoffacts on Aug 29, 2021 8:14am
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Comment by prophetoffacts on Aug 29, 2021 11:22am
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Comment by Benedictus on Aug 28, 2021 9:37am
Possibleidiot,  yes agreed the NCIB will be more of a last resort to purchase unrecognized value if/when that might occur once they've reengaged the investor community and continue proving out future successes. But it's a good back pocket option.
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