Company gonna get horribly slaughtered this week !!!
Once again i will reiterate my concluson from the webinar and once again I am happy to advise to anyone on this board who still believes in this HYPED up PIGGY!!!!! that this was all spec spec spec spec and nothing more period the MARKET has SPOKEN with a 28% decline in the stock price this week after that horrible webinar ! The MARKET does not care about your feelings or optimism in the company still and if you think it does well your a MORON!
My thoughts to that god awful webinar
With many outstanding risks being present, one of which ceo being a promoter more than as a proven operator etc. Today was terrible news for anyone who held up to now and anyone still holding. News release catalyst not being legit sent to Texas etc sort of masked from co for weeks while saying "weeks away", even worse the webinar reveals production beyond 200lph which results in poor quality. Don previously said 1000lph was achieved without poor quality. So this completely walls the company back. He also ruins his credibility at same time. The Projections price targets based on a 4000 lph plant and doubling the acheived 1000lph. Bringing this back to 200 lph puts the company feasability at risk. 200lph is not commercializable etc. suffice to say the ceo has been promoting and over promising while under delivering. Walking flow back from 1000 to 200 after stating 1000 achieved "all that's left.is desulphurization" etc is really bad. REALLY REALLY BAD!!!!!!!
Gl once again who ever still believes in this company ! the price of this stock should get alot worse very shortly
This is gonna get bloody this week i wouldn't be surprised if there is a GAP DOWN tuesday morning then a knife right down to .50 ....this thing is headed back to .10 period and there is nothing anyone can do about it.
Highlights of the company leading up to the DUMP happening right now
1) Hyped up stock over 1500% by Bob McWhirter over a period of 5 weeks - RED FLAG
2) Mr CEO Don allen cashing in a good amount of shares back in april - RED FLAG
3) More Insider SELLING on the last run up over 2 million shares - RED FLAG
4) Company Not Cash flow Positive - SPEC SPEC SPEC SPEC
5) Over inflated market cap - lol
5) A horrible webinar disclosing their struggles with their technology - Goodbye!
6) Cielo's Mascot - Bob Mcwhirter refuses to discuss and take any questons from concerned investors about the company - NAIL IN THE COFFIN
NOW for all the UNICORNS out there, come at me and feed me all your pipe dreams .....show the board that there is still HOPE that Cielo will make dreams come true for many who have recently lost their shirts investing in this PIG like I've been saying it is for the last 5 months ......YOU all believed in this PIG !!!!.....but the writing was on the wall since that 1500% Run up back in February! ......you all bought a PIG ....welcome to the Slaughter house ...
ENJOY! : )