Co2 Solutions Inc COSLF

This is a lame BOD

[wdr522266]

After years of zero PR they are finally looking to find some people that could influence this company.I guess better late than never.Like i've said a hundred times they need an industrialist type to move this company along.I guess the free Government money train has run out  that they thought would always be coming.We can only hope they didn't blow all the cash and can hire a REAL business person that will lift this company out of the doldrums.
wdr2

[Co2Harvest]

I'm starting to see it your way. They are effectively not in business at the moment and any other company in that situation would consider it a crisis. Without details we are guessing. Maybe they waited too long (they knew they were running out of money a year ago) to look at options OR they have a bunch of good options and they need focus time. Who knows. We don't know how quickly

[HyperCube]

They didn't know they were running out of cash a year ago. There were costs over runs of about 2 million dollars at the St-Felicien project. If that had not happened, they would have 2 million dollars more than what they have now. And they will soon be receiving about 700,000$ per year from Resolute and Serres Toundra. Not enough to run a profit, but that would very significantly reduce their

[Co2Harvest]

I understand that the cost overrun was not planned for. That's a risk management issue. The $700k will help a little but we don't know when they will start seeing that money. From that perspective,  curtailing operations to stop the burn was smart but I hope they resume sooner than later. Inventys got $90M CAD $68M USD). That will give them a huge avantage over CST. CST needs probably

[M101]

This is a  cost of being publicly listed. We can't buy shares of inventys and they'll keep getting money because money raised privately is far more efficient (bankers don't get free reign to set the terms) than money raised publicy.  This is why Gates is not interested in public companies, he wants to own significant chunks without having bankers feed off him like the

[Co2Harvest]

I appreciate your perspective on this. I had not considered that they probably get plenty of bad offers to say no to. They probably have a lot to sift through. So, why wouldn't Canada just buy them? Crown corporation, and then the Government would have a Co2 division. Crazy but wouldn't this be a cash cow for the government of they could get it off the ground and scale up.