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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

Comment by JustLooknon May 23, 2021 12:46pm
160 Views
Post# 33255403

RE:RE:jv funding

RE:RE:jv funding
TradeTracer wrote: Unfortunately 650 million shares is diluted enough, long term less dilution is key Deals made are water under the bridge, can only prove the tech and learn going forward with future deals
 



I don't disagree, what is done is done, and am glad they have cancelled future deals.   I keep hearing dilution though, you dont think reducing cash/ebitda by 50% has a negative impact to shareholders?  Have you done a simple spreadsheet to show net cost of EACH to shareholders? Not sure why we needed 9 JV. Anyway, just food for thought, it would be refreshing if someone would admit this may not have been the best deal.  Too often I see shareholders put management on a pedestal as if they walk on water and do no wrong.  imho we can influence change, if we are organized we can have a voice going forward.
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