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Cielo Waste Solutions Corp V.CMC

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

Cielo Waste Solutions Corp. is a waste-to-fuel environmental technology company. The Company is focused on converting waste feedstocks, including organic material and wood derivative waste to fuel. It owns an exclusive license in Canada for patented Enhanced Biomass to Liquids (EBTL) and Biomass Gas to Liquids (BGTL) technologies and related intellectual property, and an exclusive license in the United States for creosote and treated wood by-products, including abundant discarded railway tie feedstock. EBTL is a patented process to integrate gasification, hydrogen generation and Fischer-Tropsch conversion of biomass to produce fossil-free renewable and net-zero carbon intensity fuel. BGTL process utilizes a gasifier to convert cellulosic biomass into bio-syngas (hydrogen and carbon monoxide), which is then converted into synthetic paraffinic diesel (SPD) through Fischer-Tropsch Synthesis. It is also focused on the development of its Thermal Catalytic Depolymerization (TCD) process.


TSXV:CMC - Post by User

Comment by sam2100on Apr 19, 2021 2:23pm
175 Views
Post# 33022987

RE:RE:Cielo's Progress Updated April 18

RE:RE:Cielo's Progress Updated April 18Hey Bucketshop,

I've never seen management actually increase their share position during a large initial run of their stock price.  For example, during the potash, rare earth, lithium manias virtually all of the companies management dumped millions of shares and reduced their overall positions by 50 to 90%.  They would receive options, warrants and then sell these as well.

This isn't the case with the Cielo management, the CEO, COO are actually increasing their stock position during the last year.  Some directors are buying, some are selling.  This doesn't concern me since directors are generally compensated by stock.

Are Cielo management receiving shares for cheap, that is for sure but they are holding onto most of them.  Nothing odd about management receiving shares for cheap in the small, mid-, large- or mega-cap worlds.

Also, see below.

GLTA,

Sam



The below was posted on the Facebook Cielo Shareholder page, by Stan de Krosse,

"[@Kimay I asked Don about his selling a few days ago when that SEDI report came out and he basically said this 'I am buying my stock options, warrants and also exercising my conv debts. There are tax implications and purchases that I need to pay for, so I am selling stock to gain a much larger shareholder position.'"


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