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Bullboard - Stock Discussion Forum SHARC Energy Systems C.SHRC

Alternate Symbol(s):  INTWF

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... see more

CSE:SHRC - Post Discussion

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Post by Growth100Percnt on Dec 03, 2020 6:55am

PP

The placements last spring were closed within a few days, actually the one was only 2 days.

I am uncertain as to why they couldn't execute current warrants for more cash?

Speaking of warrants. it appears this pp has no warrants?

Its unfortuneate they aren't at the point where they can sustain the company without more dilusion.

Thats really sucks for shareholders.  Especially for those of us who entered in at 39M fully diluted.

Maybe someday we will see a share buy back program or even dividends.  

All in all they are still moving forward, good things to come...
Comment by Tim2Agami on Dec 03, 2020 12:37pm
All in all the "moving forward" is true enough in the short term -- in December last year, it was 6 cents and is now headed towards 30 cents. Looks good. For the 6 centers.   But in December 2015 it was $1.70 or more and phones were ringing off the hook from every country on earth.  Is it concern that there is a certain boozle and puffery in the "moving forard" ...more