TSXV:CBLU - Post Discussion
Post by
partystocker on Jun 06, 2022 12:54pm
$CBLU.v continues to impress.
Strong recognition here for Clear Blue Technologies (TSXV: CBLU). Last week, Corporateknights.com placed Clear Blue in the 13th slot in its 2022 Future 50 List of the fastest-growing green companies in Canada.
In the company’s most recent quarterly update, CEO Miriam Tuerk stated she is optimistic about Clear Blue’s growth trajectory. They have undertaken an expense reduction program and allowed management and certain employees to accept reduced cash compensation in exchange for equity. These activities will bring the company to positive EBITDA and cash flow sooner at a lower revenue threshold than previously planned.
It’ll be worth keeping an eye out for updates from $CBLU.v this summer regarding contracts in the African sat-com industry. I also am anticipating positive updates regarding its new off-grid smart street lighting systems.
$CBLU.v is currently trading at $.145, valued at $9.72 million.
https://www.corporateknights.com/rankings/future-50/2022-future-50-ranking/meet-the-50-fastest-growing-green-companies-in-canada/
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