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Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus biogas desulfurization technology. It has delivered over 140 biogas upgrading systems into 19 countries, including some of the renewable natural gas production facilities in the world.


TSX:GRN - Post by User

Comment by Canadian_101on May 08, 2024 4:13pm
87 Views
Post# 36029689

RE:Love this stock

RE:Love this stock
timjim0417 wrote: At first glance this stock looks great. Lots of experience, nice products, nice website etc. but then you see they make no profit and current market cap = 12 mil

Lol. Come on GRN you can do better. Something obviously wrong with their business model and they need to fix.

One problem they have is due to the nature of contracts. You don't always get paid up front and so their revenue per quarter is highly volatile. They should put more emphasis on annual revenue numbers and investors want to see this trending positive.

Instead of only putting news for winning contracts, they should be putting news monthly on what is going on to lift investor sentiment. Their HR sucks and needs to improve.

I 100 percent agree with everything you said, they need to start promoting themselves more and provide a lot more updates on whats happening in Brazil. Hopefully the first quarter of 2024 shows some sort of trun around. They should also start taking questions from shareholders themselves and provide an update on when those in the C suite are going to take some of their own money and buy some stock, they need to put some skin in the game that would be a positive development. ZI mean why should anyone invest in GRN, it management is not doing ????????. Hopefully Monty, Brad and Ian are listening.
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