Wolf Energy Services Inc (WOEN)

[stanley01]

2 million utility order will be booked Q1 2019

Read the last quarterly report Evtn issued, it states the following:

“We have started transitioning our sales and marketing activities to market outside of oil and gas. We received a purchase order from a utility company for a wastewater system that will require multiple Voraxial Separator units. The wastewater system we anticipate shipping by first quarter of 2019 will be utilized to separate oil and solids prior to the water being discharged into the environment. The increase in our deposits is a result of this purchase order.”

IMO, this is a great scenario in that revenues will be somewhat evenly distributed over the next 3 quarters , and if Schlumberger comes to play we may have 3 profitable quarters in a row.

The third quarter 2018 report that will be released in November will definitely be profitable cause of the 1 million they received from Schlumberger in August. The first quarter 2019 will definitely be profitable cause of the 2 million order from the utility company. Hopefully, they could find enough orders in Q4 2018 to make that profitable as well- that would be 3 profitable quarters a row for a stock that trades like it is going under! I think 2019 may be a game changer for this stock.