Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s): V.CMC.WT | CWSFF

Energy Oil & Gas Refining & Marketing

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.

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Cielo Waste Solutions Corp. > CIELO ANNOUNCES NEW COO AND CHANGES TO SENIOR MANAGEMENT

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Comment by downtozeroon Jul 23, 2021 4:02pm

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Post# 33597323

RE:RE:RE:RE:CIELO ANNOUNCES NEW COO AND CHANGES TO SENIOR MANAGEMENT

I have a lot of shares and am not selling. Based on market reaction today, the news didn't impress anyone including me. Greg did not retire from Penn West, he was fired. Here's the piece from Penn West's announcement:

"Penn West is announcing a leadership transition effective immediately. David Dyck, Chief Financial Officer ("CFO"), and Gregg Gegunde, Senior Vice President of Exploitation, Production and Delivery, will be departing the Company. Mr. Dyck has served in his current role for nearly three years, and Mr. Gegunde has served Penn West for over 18 years in a variety of leadership roles."

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