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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 carterZ21on Jun 19, 2021 11:34am
467 Views
Post# 33416646

Insider Share Sales

Insider Share SalesGood Day Everyone,

I've been reading many posts regarding company insiders selling shares over the past number of months. I have always had issues with people (largely short sellers) posting speculative comments about these sales being a significant concern.

The reality is that there are many justifiable reasons why insiders sell shares, some of which are not known to the public but are as follows:

1. Source of income as non-revenue generating companies often can only compensate senior officers through share issuance/warrants. This is often the case with companies in the GROWTH stage;
2. Income tax obligations as described in previous posts;
3. Personal/family financial obligations.

Bottom line is that it is NOT necessarily indicative of problems within a company. Also consider this fact. If, as some short sellers allege, company insiders are aware of material non-public information and that the company will imminently report such negative news, they would be committing a regulatory and criminal offence by selling shares in said manner, that is called illicit insider trading. Does anyone of sane mind actually believe that Don would be so idiotic to do such a thing a few weeks before releasing production update news?

Bottom line. Don't let the fear mongers who claim to be market knowledgeable convince you to panic and sell your shares. They show up and spread doom and gloom scenarios when the stock retraces and disappear when the stock moves higher. Their actions should make it clear how their thesis lacks credibility.

Long and strong.

Carter
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