Co2 Solutions Inc COSLF

Industrials Pollution & Treatment Controls

CO2 Solutions Inc is a Canada-based firm engaged in the development of proprietary technologies for capturing and producing of carbon dioxide. The company is focused on commercializing an enzyme-based technology for efficient CO2 capture from various industrial flue gasses for reuse or sequestration. The company's technology has various industrial applications, such as enhanced oil recovery, pulp and paper, water treatment, greenhouses, beverage carbonation, and other uses. Most of its revenue comes from the Canada market, while it also has a presence in the United States and European countries.

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Co2 Solutions Inc

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Comment by HyperCubeon Dec 07, 2015 7:43pm

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Post# 24363347

RE:RE:RE:RE:RE:RE:RE:Financing

That average burn rate is a dubious affirmation. The two previous years are not a good indication. They were building and operating their pilot demonstration plant. They spend a little over a million a year when they aren't building something like that. If they get back to that kind of burn rate soon, I would personally see that as an interesting development as it would indicate something is coming up.