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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

Post by pjmac101on May 05, 2021 3:16pm
317 Views
Post# 33133826

89 cents

89 centsI can't believe every day the stock price is the same within 2 pennies. Personally I find the disposing of 3 directors and appointment of the Renewable U Energy Ceo/ director (Ryan) in their place as a Cielo director a bit of a red flag. Also Don went out of the way to mention that he and Ryan both see the huge opportunity in Cielo. That could imply the other directors didn't, or had different points of view. As a shareholder I want directors that will challenge management. It's a weird time for directors to leave when supposedly Cielo is weeks away from proving their technology on a commercial scale. They could have added Rick without kicking out all 3 directors if they really wanted to.
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