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Cielo Waste Solutions Corp. V.CMC

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

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

Comment by lscfaon Feb 08, 2021 5:08pm
478 Views
Post# 32506266

RE:RE:PapaSchmuck

RE:RE:PapaSchmuck

29,397,315 warrants with $0.07 ex pr. have acceleration clause.  => $2.06 million 

The warrant expiry date is subject to earlier termination in the event that the market price of the Company’s common shares trading on the Canadian Securities Exchange remains at $0.15 or higher for a period of five (5) or more days, at the option of the Company.
 



TradeTracer wrote:

oceaneleven wrote: year low was a penny...high of 18 cents..I feel for all the investors who bought in at the hod today....the share float is massive and they are not profitable..They might get some Kenney funding ..Good Luck !!!


I definitely think that's the elephant in the room, but a reverse split in the medium term would help their cause

(Something like 1 for 6 or 1 for 4 would be ideal, imo)

One positive of the increase in share price tho is that after a certain period of time the warrants can be called, which would add much needed cash to the balance sheet.


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