Cielo Waste Solutions Corp. V.CMC

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

Energy Oil & Gas Refining & Marketing

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.

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Cielo Waste Solutions Corp. > Stock Price Drop

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Post by Olderguy1on Mar 17, 2021 1:11pm

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Post# 32817254

Stock Price Drop

Today’s JV Fees announcement forgets to mention the revenue Cielo expects to get from each JV location. That is why I think there was a big selloff at the open today and demand continues to be weak.

Don should add this (from his Investor Presentation) to each of his JV News Releases :

Highlights of the proposed terms of the joint venture agreements include:
- Joint venture partners (“JV Partners”) are responsible for 100% of the financing of each project (“Project”) including land (railway access and servicing, buildings, equipment, permitting, constructing and commissioning of the JV Facilities
- CIELO will execute the planning, construction, commissioning and operation of the JV Facilities, and overall manage the joint ventures
- Until the JV Partners recover an amount equal to 100% of the cost of the Projects (“Project Costs”), the JV Partners will be entitled to receive 70% of the profits from the first JV Facility in each territory.
- Upon the receipt by JV Partners of an amount equal to 100% of the Project Costs for each JV Facility, CIELO will be entitled to receive 50.1%, and the JV Partners will be entitled to receive 49.9%, of the profits from the JV Facilities.
  
  Cielo would receive non-dilutive funding from 5 follow-on facilities, each at an anticipated cost of ~$50M generating for Cielo $8.75M in Management Fees and a carried 50.1% Ownership valued at $125M