SHARC Energy Systems C.SHRC

Alternate Symbol(s): INTWF

Building Materials Building Materials

SHARC International Systems Inc. is engaged in energy recovery from the wastewater the Company send down the drain every day. Its energy's systems recycle thermal energy from wastewater, generating energy and economical systems for heating, cooling & hot water production for commercial, residential, and industrial buildings. Its products include SHARC Series and PIRANHA Series. The SHARC Series taps the potential of wastewater energy to reduce energy and water consumption, carbon emissions and energy costs at large, industrial scales. The SHARC utilizes the power of wastewater for both heating and cooling for the large capacity requirements of multi-family residential, commercial and energy districts. The PIRANHA Wastewater Heat Recovery & Cooling System is a specialized water-to-water heat pump that recovers energy directly from wastewater and uses this source energy to produce hot water. PIRANHA Series is typically used for potable domestic hot water (DHW) purposes.

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SHARC Energy Systems > New Press Release - SHARC Energy Announces Issuance of Shares for Debt

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Comment by Mostlyseriouson Nov 24, 2024 10:16am

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Post# 36327927

RE:New Press Release - SHARC Energy Announces Issuance of Shares for Debt

11 cents per share and shares hit over 20. Wonder if the creditor was able to lock in the quick profits.

And wonder what this says about the cash, working capital position. If you can't pay one creditor, what about the others and employees that can't really get by quickly on shares for debt? Some useful context missing.

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