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From: purse5/30/2019 9:36:59 AM
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From MD&A May28 2019

As of the date of this report, EnWave has 7 active TELOAs with prospective licensees evaluating the use of REVTM for applications in the dairy, fruit products, vegetable products, meat products, and cannabis verticals. Several of the active agreements are with major international processing companies.....The use of the two pilot-scale machines purchased by the U.S. Army will further advance the US Armys efforts to improve meals-ready-to-eat rations used in close combat warfare. The Companys strategy under this agreement is to work closely with the U.S. Armys suppliers to facilitate the development and supply of innovative new products to the U.S. Army....Cannabis Industry Developments : EnWave is in active discussions with over two dozen companies for potential licensing of the REVTM dehydration technology to allow cannabis producers to decrease drying times, increase yield and ensure specific composition of the finished product.....NutraDried began distributing its new premium salad topping called Toppers to Walmart in Q2 2019 with over 2,000 locations around the U.S. NutraDried continues to distribute to Whole Foods and Publix, two major American supermarkets. NutraDrieds strategy is to continue to grow its core distribution in the U.S. mainstream retail grocery channel by securing national retail accounts.
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