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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 8:02pm
163 Views
Post# 33256011

RE:RE:RE:RE:RE:RE:jv funding

RE:RE:RE:RE:RE:RE:jv funding
Nugold wrote:
the way I understand it the debt will not be on Cielo, correct me if I'm wrong. There is an old saying " stay with what you know" , this JV set up allows Cielio to do just that. Plus as they are NOT taking on anymore JV's , they will be able to build their own plants....should that be the way that they go. I kinda think of it as the same scenario as to why you take a company public to begin with, you can't do everything all of the time so you get others to have a stake in it to help it along. New technologies don't have a bunch of billionaires lining up to fund. This is a" toddler "learning to walk and it's better that it gets more interest and investors than never walks period. I would recommend against being to quick to bash some of their decisions. They are in touch with all the info. Staying long and reaping the harvest is my goal. Glta.


lol.  I'm not too quick to bash.  I'm not bashing at all.  I'm embarrased to say I'm extremely slow to learn. I've been involved for 2 years, I should have known some of this stuff much earlier.  I'm finally doing more research which I suggest to all.  With the recent run up it's much more important to me to pay closer attention than I have before. (How will you known when to exit?) the jv deal may have been 'necessary', may have been 'ok' or even a 'mistake', but I would disagree with your term of 'brilliant'.  I have much respect for Don and this company, but not everything they do is perfect.  I'm not sure why they are on such a hgh pedestal and untouchable, can't discuss anything they do. 
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