Cielo Waste Solutions Corp. V.CMC.WT

Primary Symbol: V.CMC Alternate Symbol(s): 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. > Good news

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Comment by lscfaon Nov 23, 2021 2:04pm

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RE:RE:Good news

Renewable U was the one to pay the royalty. Now Cielo shareholders fork over $3 million (10 million shares) so Renewable U gets a break. Not fair. Cielo needs to renegotiate the revenue share arrangement with Renewable U.....

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lscfa wrote: The co. spins it as necessary to appease institutional investors but Don said in one interview that the cost of a 4000 lph plant is $75 million (up from $50 million) so maybe REIU wanted the royalty gone to make the economics work with a higher priced plant.

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