Casavantsghost wrote: Yes I was aware insiders owned about 47% collectively. The large holding by the hedge fund guy makes this all that much more of.a tightly held equity. I’m in something similar with Pyrogenesis.
CEO owns/controls nearly half.
I have been adding YEWTF weekly and building up a position.. looking to purchase approximately 150K next week. If Elysium Nordic doesn’t get the funding via their investor search client Giraffe for the Nyborg plant, then it’s gonna be rough going.
Seems odd that the Canadian Gov. is dragging their azz with environmental approval when the carbon footprint for the Sault St Marie plant is minuscule? (Equivalent to two residential homes) Especially given the green nuts in Denmark giving the go ahead.
If that proposed 36K plant in Denmark gets funding, the share price appreciation should be decent.
If no funding ... That’s all she wrote... Go big or go home as far as myntaking a long shot with this.
Elysium and Wind Space dropped Enviro at the last minute to go with EWI. Some believe it was because of the Michelin deal. I think that is partly true... but I think it’s partly because it’s a cleaner process with reverse pyrolysis and the Danish.Gov already gave the approval for the 36k metric ton a year plant.
With regards to the company’s marketing contract:
Why spend $20,000 a month for marketing if you feel you just cannot get any traction?
It seems to me given that this technology has the least carbon footprint with regards the end of life tires you’d think industry would be crawling over each other to get it? It’s puzzling to say the least.
I agree with you on the lack of communication. It is so painful indeed. They are not doing themselves any favors and it makes them look sketchy. You want people to invest yet keep the public and current shareholders in the dark?
They are way past promise timelines as well so who knows. The are not doing themselves any favors.
nopump wrote: The firm is mostly owned by insiders...
Those of us that have been investing for so many years wonder what they are doing internally as there is so little messaging. Painful.