Wavefront Technology Solutions Inc V.WEE.H

Article supports WEE statements

[AboveBoard]

 From a Forbe's article,

It is certainly a fair question to ask why oil companies aren’t increasing drilling at a faster pace. There are several reasons for that. One is that the industry is suffering from manpower and material shortages. 

For example, when oil demand fell in 2020, many people permanently left the oil industry, frustrated by years of up and down cycles. The oil industry continues to suffer from a manpower shortage that is affecting many industries.

This manpower shortage also impacts oilfield services and supplies. Sand used for hydraulic fracturing, for example, is in short supply. That won’t necessarily limit drilling, but it will limit how quickly an oil well can start producing oil.

[himmler]

What you say may be true,but has nothing to do with Wavefront.Facts are simple in their last financials.They lost money....again. As long as they do that,nobody will care about this company.They talk about making a couple hundred k here and a hundred there...it's a sad joke when the company's management pockets most of it. Worse yet Brett with his fluff nonsense about being ready to go

[AboveBoard]

From management and discussion, Wavefront has seen new opportunities arise, evidenced by multiple well stimulation packages being awarded by new and existing US-based clients; however, for various reasons, these new well stimulation packages have yet to commence fully, thus, negatively impacting revenue. As noted in previous Company disclosures, supply chain issues related to equipment shortages

[himmler]

This company is a master at spinning excuses...they've done it for the last 15 yrs or so.Just take the time to read their discussions over that period of time. You'll truthfully find they're all the same...nothing but "possibles" "if" "buts". Investors don't care for excuses and after all these years there still isn't profit to speak of. Surely you

[marketstick]

I have repeated that theme for the last 5 years.   I'd like to see them sell the company for .20.  How do we make that happen?

[marketstick]

15 years of excuses!