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Cielo Waste Solutions Corp V.CMC

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

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

Comment by tamaracktopon Dec 26, 2021 7:41pm
227 Views
Post# 34263046

RE:Can't take hope to the bank

RE:Can't take hope to the bank
odzie1 wrote:   "You're kidding right. There isn't a company I know of that has not taken hope to the bank. That is what they all do. Take there hopes and dreams to turn them into reality to the bank.." 


Sorry, but you started it.

Cielo doesn't have much to take to the bank.
What could they put up as collateral for a loan?
And what history of profitability or even revenues for that matter, could Cielo
provide any bank to povide proof of its ability to service any new debt?

Realistically, I doubt very much that Cielo has any recourse to debt financing, other than maybe maybe a convertible debenture offering, but that would be extremely dilutive.

I suppose when you already have 660 million shares outstanding, a couple hundred
million more wouldn't make much of a difference?

They should have done one when the stock was well over a buck.



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