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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 29, 2020 6:42am

Spoke to

Lynn recently.  Not a whole lot to add to what we already know.  2021 appears to be the turn a round year in terms of revenue. Balance sheet appears to be getting better as well.  Which has been noted in a previous news release.  Eventhough its a very simple product, the market seems stubborn to accept it but it is starting to turn in the right direction.  As always patience.  Hold, long term.
Comment by canyousayiii on Dec 29, 2020 9:27am
The balance sheet got better by the $3 million private placement. It will only get worse until they sign some sales. Good to hear that he is somewhat waking up to the reality that all products need market acceptance and vast majority does not sell itself...despite being on the radar "of every city in the world". Will 2021 be THE year? We shall see. Second half of calendar 2020 was ...more  
Comment by Growth100Percnt on Dec 30, 2020 8:04am
You have to admit 2020 was a pretty good come back year, considering where we were in 2019. I think most on here may have counted this investment as a loss. It seems like we are on a much better path now.
Comment by canyousayiii on Dec 31, 2020 8:26am
Stock-wise, no doubt. The chart speaks for itself. But for it to stay and progress, it needs to be backed up by sales. That part of the business has not quite been sparking it up even though it was good to receive some independent recognition through EPRI. 2021 will really have to see quite an uptick in sales otherwise it willbbe just another promising year that has not materialized and not help ...more