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. > Director resignation

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Comment by ace1mccoyon Sep 25, 2021 2:06pm

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RE:Director resignation

The PR was issued at 9:27 ET and the CMC website has not been changed as yet , to reflect the 2 resignations of the BOD.

I suspect management and current lead BOD are feverously going through a slate of names of those that have completed the "Director" designation to fill the vacated BOD positions.

At this point to the investor , the optics of unexplained BOD turn over , raises questions of culture and corporate governance.

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