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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

SHARC Energy Systems > Investors Were Fleeced with this stock
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Post by barnsy on Dec 28, 2022 5:22pm

Investors Were Fleeced with this stock

....so much promise, so much unfulfilled, self proclaimed statements and goals and objectives that were never fulfilled or remotely achieved. For the investor, what a waste of time and money over the YEARS, even though I had hoped this company do well. Somehow, it simply failed to deliver. Make certain to dump it from your portfolio for 2023 if you want to be in the black. 

Caveat Emptor

Barnsy
Comment by Mostlyserious on Dec 30, 2022 8:53am
Shareholders buying into the initial IWS story have not done well. The high-level narrative has not changed, but hundreds of millions of dollars have been dwindled down to some $11m design pipeline of ordered and potential business.  That sounds more realistic given the history, but does it really fit that narrative of how good and much interest for this thing is described and is this what ...more  
Comment by Tim2Agami on Dec 30, 2022 4:18pm
Talk about getting fleeced ... only in Australia you say? Well, time to leave the shrimp grilling on the barbie, and get back behind the sheepshed to review the great WET dream -- or the SHARC investor's nightmare -- as it was written and "promised" in 2017.  Gabberflab and persiflage only useful for the pulling of the wool over the Villagers and DYOD's eyes.  And a ...more  
Comment by Mostlyserious on Dec 31, 2022 7:51am
Fascinating that one can dig up topical news releases on so many subjects.  Now that the natural gas prices are even higher this may be a reminder to rekindle that relationship.  Given the financial results since then I am only assuming that those projections certainly did not materialize, certainly not an expansion of relationships.