Cielo Waste Solutions Corp. V.CMC

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

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.

TSXV:CMC - Post by User

Cielo Waste Solutions Corp. > CMC valuation

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Comment by Zibo510on Jun 14, 2024 12:05pm

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Post# 36089340

RE:CMC valuation

I put zero credibility to the value of 125K purchase price.

This is not an arm's length transaction.

This deal has been cooked up by insiders and 100% financed with zero money being put up with a price based on a guesstimate of future revenue.

The markets reaction to this deal says it all.

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