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Cielo Waste Solutions Corp. V.CMC

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

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.


TSXV:CMC - Post by User

Post by tamaracktopon Jun 03, 2022 12:29pm
325 Views
Post# 34729899

If you take comfort, don't

If you take comfort, don'tIf you take comfort in a bid for 269,000 shares at $0.18, your confidence is misguided.

That's less than 50 grand of stock wanted there in a company cap'd at $119 million that has no revenues, is trading at 3.6 X book value, and has a return on equity of -228% and a return
on assets of -129%.

That bid could be gone in a heartbeat, never to return.

If you own this, that bid is for taking advantage of, not for taking comfort from.


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