May 21, 2021 – Vancouver, British Columbia, Canada – Cielo Waste Solutions Corp. (CSE:CMC),(OTCQB:CWSFF) (
"Cielo" or the
"Company") Cielo Waste Solutions issues this statement in response to significant inquiries from shareholders which have been addressed by the following statement from Don Allan, CEO and President of Cielo Waste Solutions:
“Our stock has reacted today, to a report that seems to be a short seller attack on the Company, and was in no way affiliated with Cielo, its management, or Board. At no time did the authors of the report contact Cielo despite their contention that they did.
The report is replete with additional false and intentionally misleading statements, innuendoes, inaccuracies, outright distortions and lies, all of which appears to be an attempt to generate panic selling. Regretfully, some investors may have made decisions based on these falsehoods.
We do not take this report lightly. At Cielo, we stand for freedom of opinions, but draw the line when lies are used for manipulation, no matter what side of the market one may be playing.
I wish to reassure all interested parties that I am totally committed to every aspect of this business, and further confirm that we always operate legally and, more importantly, morally.
At Cielo, we are committed to building real value with real clients who are leaders in their respective industries, and we have successfully demonstrated this over many years. We do not believe that time spent addressing specific rantings by manipulators who have hidden agendas is a good use of Company’s time. However, we will note that we stand by our disclosures.
I would ask readers to put today’s report in its proper perspective. The report is faceless,no author. On the other hand, Cielo has been audited every year by reputable firms.
We thank you all for your understanding and support. Rest assured that the Company is stronger today than yesterday. In my opinion we have never been better positioned to execute on all our strategies.”
On behalf of the Board of Directors
“Don Allan”
Don Allan, President / CEO / Director
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