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 > My guess for continued operation

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Comment by Co2Harveston Sep 19, 2019 10:22am

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RE:RE:RE:My guess for continued operation

I agree and I did not intend to suggest that they will survive, I was attempting to highlight the massive uphill battle that any CCUS tech company faces at the moment. It's likely to be a years long battle. If I had the resources, I'd buy up the tech and be ready for the eventual point when it's needed. There are far too many anti-coal, anti-fossil fuel dreamers out there and it's going to take years to turn that around + all the policy changes and funding shifts as well.

rimbus wrote: Guys what are you talking about? The company is insolvent and just initiated bankruptcy proceedings. It's unlikely to last 3 to 8 weeks let alone 3 to 8 years.

As far as the reverse split idea, wishful thinking. But if that does happen it'll be more like PLI's 1 for 100 split and the creditors take like 99% of the shares. That IS the best case scenario though.

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