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SHARC Energy Systems C.SHRC

Alternate Symbol(s):  INTWF

SHARC International Systems Inc. is a Canada-based company, which is engaged in energy recovery from the wastewater the Company send down the drain every day. The Company is engaged in providing wastewater energy transfer (WET) expertise and products that service commercial, industrial, public utilities and residential development projects. Its products include SHARC Series and PIRANHA Series. The SHARC Series taps the potential of wastewater energy to reduce energy and water consumption, carbon emissions and energy costs at large, industrial scales. The SHARC utilizes the power of wastewater for both heating and cooling for the large capacity requirements of multi-family residential, commercial and energy districts. The PIRANHA Wastewater Heat Recovery & Cooling System is a specialized water-to-water heat pump that recovers energy directly from wastewater and uses this source energy to produce hot water. PIRANHA Series is typically used for potable domestic hot water (DHW) purposes.


CSE:SHRC - Post by User

Bullboard Posts
Post by McMyDayon Dec 15, 2018 7:18am
151 Views
Post# 29119253

$16 mill revenue over 18 months guaranteed

$16 mill revenue over 18 months guaranteed

F-M-B 
 

I guess, it’s not easy to defend the indefensible.

 

Anyways

 -

You said, 

McDinglefritz ( I guess you mean me) seems to think this and other project timeframes, which in this business ALL tend to be moving targets that extend, is all Mr. Mueller's fault …

 

No, never blamed Mr. Mueller for that. 

 

I am fully aware what risk means to bring a commercial product to market, many things can and will go wrong.

 

If  Mr Mueller would understand timeframes, he could not by any means promise, even “guarantee” (not forecast or project) “guarantee” earnings 

 

He knowingly, and intentionally misled  the investors over and over again.

Not once over the last 18 months has Mr. Mueller corrected his misleading statements, that is intentional.

 

CEO interview May 2017   (1:50 - 5:40)

 

Mr. Mueller  May 2017

I can guarantee you we are going  do at least CAN $16 mill over the next 18 months evenly split 2017/ 2018.

 

Interviewer: What rough margin can we expect?

 

Mr.Mueller,

You will see over the next 18 month a minimum of CAN $ 6 mill net revenue (net revenue = revenue - expenses - operating cost - taxes).  Market Cap CAN $ 25 mill.

 

Fact:  after the 18 month. 0 (Zero) earnings,  Market Cap  11.8 mill. Less then half.

 

 

The fact, that Mr. Mueller never corrected his misstatements, leads me to belief, that he 

Intentionally, purposely was / is misleading the investors. He should know better considering his questionable past. 

 

I am aware, that at some point there might be some earnings, from Scotland,  that credit goes to Mr. R. Burton, IMHO.

 

From studying all interviews given by Mr. Mueller, I can not see, that he can give any meaningful advice technically, financially or corporate.

 

He forgets, this is not his company, he sold it to the public in 2015 and as CEO is accountable for all aspects of the company. “period”.

 

Bullboard Posts