Cielo Waste Solutions Corp V.CMC

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

Utilities Utilities - Independent Power Producers

Cielo Waste Solutions Corp. is a waste-to-fuel environmental technology company. The Company is focused on converting waste feedstocks, including organic material and wood derivative waste to fuel. It owns an exclusive license in Canada for patented Enhanced Biomass to Liquids (EBTL) and Biomass Gas to Liquids (BGTL) technologies and related intellectual property, and an exclusive license in the United States for creosote and treated wood by-products, including abundant discarded railway tie feedstock. EBTL is a patented process to integrate gasification, hydrogen generation and Fischer-Tropsch conversion of biomass to produce fossil-free renewable and net-zero carbon intensity fuel. BGTL process utilizes a gasifier to convert cellulosic biomass into bio-syngas (hydrogen and carbon monoxide), which is then converted into synthetic paraffinic diesel (SPD) through Fischer-Tropsch Synthesis. It is also focused on the development of its Thermal Catalytic Depolymerization (TCD) process.

TSXV:CMC - Post by User

Cielo Waste Solutions Corp > cash from $14m to 7m, 0 by the end of Jan.

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Comment by Bucketshopon Dec 22, 2021 8:55am

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Post# 34253783

RE:cash from $14m to 7m, 0 by the end of Jan.

They also owe $2million for covenants on their loan which pertained to market cap. Lots os shares and LOTS of warrants on this financing. Not hard to see why management has not been buying.

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