Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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.


CSE:SHRC - Post by User

Comment by canyousayiiion Feb 08, 2021 9:11pm
105 Views
Post# 32508718

RE:RE:sale!

RE:RE:sale!I lost track. If the OS number of ahares is 200 million then the current market cap is approaching $120 million. I spoke of TMG as an example. Last year $20 million revenues and profitable. Today's market cap just under $40 million. SHRC obviously needs to have spectacular revenue growth. Backlog of $1.44 million has to ramp up quite significantly. I don't know what it consists of because we have not had many sales announcements and they did not have dollar figures. That would be over 20 Piranha's for example at $60k per unit. Anyhow, good luck to whoever is left with decent positions here. I did not enjoy the last reverse and the "backorders" prior to it.
Growth100Percnt wrote: Yup, woo hoo! another Piranha sale of $50K

They need to annouce sales of at least 700 Piranhas to get to the current valuation/ market cap.

Fully diluted at 200M or 4000 Piranha sales, annually

They need to sell 60 this year just to break even.  IF, that doesn't happen where do you think they will get the money from?  Possibly another PP.

I still can't understand why there are so little sales (approx 30) in all these years.  


<< Previous
Bullboard Posts
Next >>