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  5. SFD: It looks like the last questions about SFD date back 8 - 10 years. [NXT Energy Solutions Inc.]

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Q: It looks like the last questions about SFD date back 8 - 10 years. Lightwater Partners just sent out an email explaining why they are "hanging in there" with this company. There have been some changes in management and business approach over the last two years since the company founder passed away. The technology itself seems well-proven. I would appreciate your thoughts on the company and if Lightwater's assertion that it has "50 bagger potential" is anywhere close to reasonable.
Asked by David on June 19, 2025
5i Research Answer:
Even with a 219% YTD gain, market cap is only $42M. It was an 11-cent stock last year, but it is...
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