I think I've seen this movie before.You may not like the ending.
If you hold shares in Cielo you may want to check out an article in Seeking Alpha dated May 21,2021.entitled,' Cielo waste solutions: related party JVs mask financial vulnerability".
Among the many highlites; As early as June 2014 Allan claimed Cielo would be commercial by fall with a 700l/h plant and there would be 12 plants generating $130M in EBITDA within 2 years. or the fall of 2016. So, seven years later Cielo has recorded $1.5m in sales in a truly laughable deal.
The highly touted deal was supposedly for 900k litres at a cost of $1.5m and the customer prepaid. Wow, what a deal.
In actual fact however the customer was "incentivised" as Allan put it by giving them 3,750,000 2 yr. warrants at $0.135 making them immediately worth over a million as the share price was $0.41 at the time. Cielo also paid a commission of $75,000. to a broker, who also happened to be the purchaser.
Any shareholder should make this article a part of their DD. I sold last week.