I tried to contact Larsen last week but had no luck. If you look at the Fuller Tools website( http://www.fullertool.com ) you will see that they are still selling hammers with Wavex technology as of 2011. Now the question is are they selling excess inventory or does Wavex still have some kind of operating business.... I really have no clue at this point.
I believe most of Larsen and Co. business seems to be in the mining industry, so I'd agree it's possible that there could be some RM coming in the future.
However, all signs point to Wavex still doing business, selling their hammers and such but for whatever reason they have decided to cease filings and communicating with shareholders.
Its a crapshoot here, this is either a lousy business with a nice SS and little more or Larsen has something new planned for Wavex and it's existing business is basically dead....I have no idea which but it's worth watching IMO.
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