Wavefront Technology Solutions Inc. announced unaudited consolidated earnings results for the first quarter ended November 30, 2016. Total revenues for the first quarter ended November 30, 2016, amounted to $634,517, a decrease of $280,114 over the comparative quarter. The decrease in revenues over the comparative period is principally related to the expiry of IOR/EOR projects, many of which were not renewed in the current period due to lower oil prices and not Powerwave performance. The basic and diluted net loss for the quarter ended November 30, 2016 was $867,853 or $0.010 per share, compared to $698,319 or $0.008 per share for the comparative quarter ended November 30, 2015.