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Bullboard - Stock Discussion Forum SusGlobal Energy Corp SNRG

SusGlobal Energy Corp. is a renewables company. The Company is focused on acquiring, developing and monetizing a global portfolio of proprietary technologies in the waste to energy and regenerative products application. It provides a range of services, including anaerobic digestion, dry digestion, wastewater treatment, in-vessel composting, SSO treatment, biosolids heat treatment, leachate... see more

OTCQB:SNRG - Post Discussion

SusGlobal Energy Corp > 2022 FINANCIALS
View:
Post by parahyangam on Apr 19, 2023 10:55am

2022 FINANCIALS

Filed after market on Monday, April 17th.

Massive operating losses.

Cost of filing financials equivalent to half of the reported gross revenues of 500 thousand. 

Since Belleville has a potential annual through put of 70,000 tons x conservative revenue yield of $60/ton, the potential income = 4.2 million. Yet realized 2022 gross revenues = 550 grand.

Talk about serious underperformance after operating the composting facility for 6 yrs.

Hamilton facility at 520 Nash street north has had no construction activity for 15 months. No evidence for new equipment on site. NONE. A complete shamWOW.

What is the purpose of this gong show?

Why is this stock trading?
Comment by hurleyd on Apr 22, 2023 10:15pm
you should post on snrg investors hub