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. > Notes from webinar yesterday 2/9 2021

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Comment by CandyCon Sep 05, 2021 4:30pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Notes from webinar yesterday 2/9 2021

RagingBull84 wrote:

MarkG1963 wrote:

ACTIONK wrote: Hey this isn't rocket science. Engineering has to be executed when managing changes (MOC) on process equipment. This doesn't mean it does work and just needs to work better, whick usually means better control (adding transmitters, bigger pumps, fans, lines, etc). They most likely hired 3 engineering companies to speed up the MOC process. The problem in industry today is getting parts in a timely manner - I have recently seen up to 12 weeks to recieve an instrucment and/or valve. I wouldn't expect this unit to be up and running by the end of the month, unless it is a very minor issue, which I doubt since they have hired 3 Engineering Company. I sold my shares at $0.90 and will be waiting to buy back in when these issues are resolved.

IMO the engineers need to find problem before any new redesign and then have parts manufactured and test again.. This isn't going to happen by the end of September. We have to expect delays in a company like this. Unfortuately it will be quite a while before it is resolved. We invest to make money. Not to invest so the insiders can sell. Some say they sell as it is part of their salary. Look at the amount that some have sold..

Then also look at the amount insiders still hold!