SHARC Energy Systems C.SHRC

Alternate Symbol(s): INTWF

SHARC International Systems Inc. is engaged in energy recovery from the wastewater the Company send down the drain every day. Its energy's systems recycle thermal energy from wastewater, generating energy and economical systems for heating, cooling & hot water production for commercial, residential, and industrial buildings. Its products include SHARC Series and PIRANHA Series. The SHARC Series taps the potential of wastewater energy to reduce energy and water consumption, carbon emissions and energy costs at large, industrial scales. The SHARC utilizes the power of wastewater for both heating and cooling for the large capacity requirements of multi-family residential, commercial and energy districts. The PIRANHA Wastewater Heat Recovery & Cooling System is a specialized water-to-water heat pump that recovers energy directly from wastewater and uses this source energy to produce hot water. PIRANHA Series is typically used for potable domestic hot water (DHW) purposes.

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SHARC Energy Systems > The solution is not dilution

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Comment by Growth100Percnton Jan 30, 2021 6:56am

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RE:RE:RE:RE:RE:RE:RE:RE:The solution is not dilution

I think its the Greenshoe thats causing the decline.
I got an in depth reason to why it was done later than the original PP from Hanspaul.

If they were to have expanded this reason further in the news release it may have been helpful for the market to understand.

Apparantly they were waitng for the investor to free up the cash and it took this long to do it.

I'm assuming it pissed off some players and this caused the decline.

Overall this is another small bump in the road. Hanspaul seems very confident there will be a lot of sales/ news annoucements coming this year and beyond.

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