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EnWave Corporation (ENW.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.4800-0.0200 (-4.00%)
At close: 03:11PM EDT

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  • A
    A different J
    One share traded.... one.
    And it drops us 2 cents lmao
  • j
    joe
    Some promising news today with a major U.S. meat company. Keep it up!
  • A
    A different J
    Weirdness going on with the trading on this. Morgan Stanley, Virtu, and CIBC
  • j
    joe
    1 share traded? Pretty obvious they’re not in demand. Let’s go!!!
  • j
    joe
    Nice 60 sold in Asia.
  • A
    A different J
    So much for 60 cents. This is now below the covid low. No support now.
  • V
    VWM
    My Take:

    - Cut down on the $2.6M paid in the Q for 'Other general/admin' + marketing expenses ended Mar '22 .

    - Would love to know why salaries and wages have increased $200K over the past 6 months. I understand inflationary pressures but $200K? For a company with (negative) net income the past 5 years?

    - Scale back R and D. Why is R and D increasing every Q when you're trying to become profitable? $600K in a Q is 10% of your revenue in that quarter. To me, that is outrageous.

    - Whatever it takes to spin-off/sell/stop production of Nutradried, do it. Why invest so much time and resources into a product that won't scale? The cost of inputs into Moon Cheese are just too high, period. Move on.
  • A
    Anonymous
    Started seeing Enwave's internet pop up ads for cannabis drying. They show a list of about a half dozen 2nd tier and/or offshore cannabis growers and one confidential client. Unfortunately, I believe the confidential one is Curaleaf and would represent a good testimonial since they are a larger MSO.

    FL
  • A
    A different J
    I'm wondering on the reasoning for the advanced ER. Perhaps it leaked, perhaps new news to happen later in the week? This is not the first time this has happened and I find it unprofessional to have it reoccurring.
  • j
    joe
    What are the odds of the dole deal flourishing?
  • A
    A different J
    Right about now is the time for Brent to release some good news. Maybe Monday morning.
  • A
    A different J
    It's out (ahead of time) not great on the food sales. Royalty revenue increasing.
    https://www.enwave.net/enwave-corporation-reports-q3-2022-financial-results
  • D
    Darwim
    Are there simply zero shares traded today?
  • C
    Chaz
    Come on EnWave, you can do it!
  • A
    A different J
    Update to Daniel's earlier question on the use for Doles new 120KW machine. I received a response from Brent himself. Unfortunately it went to my spam folder and I just saw it now.

    "Dole plans to use the 120kW REV machine for the production of highly nutritious snack products. As I understand it, they intend to use upcycled product for this line."
  • A
    A different J
    On a positive note, we have finally retouched 0.60 and held.