Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s): V.CMC.WT | CWSFF

Energy Oil & Gas Refining & Marketing

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood derivative waste into valuable fuel. Its facilities are designed to operate with no harmful emissions and through the conversion of waste-to-fuel, it can help reduce methane emissions from landfills, as well as reduce reliance on imported biofuels made from agricultural products. The Company’s Aldersyde Demo Facility is located approximately 25 kilometers south of Calgary, features a 2.5-acre site and a plant which provides proof of concept that can convert wood waste biomass to fuel.

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Cielo Waste Solutions Corp. > Sweetheart deal

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Comment by lscfaon Mar 16, 2021 10:58am

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Post# 32807182

RE:RE:Sweetheart deal

The deal with 1888 was amended Nov 01, 2017. See below. If each 4000 lph plant has to pay $0.05/litre royalty that's $1.65 million/yr. it makes sense for each plant to pay the termination fee to end the royalty so $1200 x 4000 = $4.8 million. Add this to the $50 million capex to build each plant.

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