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Sparta Capital Ltd V.SAY

Alternate Symbol(s):  SCAXF

Sparta Capital Ltd. owns a controlling interest in a network of independent businesses, which supplies energy-saving technologies designed to reduce energy inefficiencies, achieve reduced emissions and increase operating efficiencies in various industries. Its businesses are divided into three segments: capturing lost waste energy, converting existing waste for other uses and into new consumable forms, and optimizing energy efficiencies. Its subsidiaries include ReECO TECH, Illumineris and SuperNova Performance Technologies Ltd. ReECO TECH collects waste materials with a focus on converting such waste streams into new usable forms. Illumineris has three divisions: the photoluminescent safety products (Safety) division, the comprehensive energy audit (EMD) division and the power-factor correction (Energy Mitigation) division. SuperNova Performance Technologies Ltd. is a division focusing on green initiatives related to combustion, the transportation sector and storage technology.


TSXV:SAY - Post by User

Comment by GalAnonymouson Mar 02, 2021 8:24am
82 Views
Post# 32693045

RE:RE:RE:If we were THRM - we would be $2

RE:RE:RE:If we were THRM - we would be $2Great post Smokey! This is exactly why I invested in Sparta, because of their focus on the environment and green energy, which in today's world is particularly relevant (and is reflected in new environmental laws and the fact that more and more world leaders are on board re. fighting the climate change). When Sparta released their end year results I was concerned they will have to raise working capital to finance their technology through the issue of debt or equity and you pointed out that the acquisition of the Picton property could help with that. Now with all the revenue that will come from covid testing I don't worry about it anymore. I am invested in two other companies that generate tons of cash through covid testing but I treat it as a cash cow that pours money into their main domains. 
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