Cielo Waste Solutions Corp. V.CMC

Insider Share Sales

[carterZ21]

Good Day Everyone,

I've been reading many posts regarding company insiders selling shares over the past number of months. I have always had issues with people (largely short sellers) posting speculative comments about these sales being a significant concern.

The reality is that there are many justifiable reasons why insiders sell shares, some of which are not known to the public but are as follows:

1. Source of income as non-revenue generating companies often can only compensate senior officers through share issuance/warrants. This is often the case with companies in the GROWTH stage;
2. Income tax obligations as described in previous posts;
3. Personal/family financial obligations.

Bottom line is that it is NOT necessarily indicative of problems within a company. Also consider this fact. If, as some short sellers allege, company insiders are aware of material non-public information and that the company will imminently report such negative news, they would be committing a regulatory and criminal offence by selling shares in said manner, that is called illicit insider trading. Does anyone of sane mind actually believe that Don would be so idiotic to do such a thing a few weeks before releasing production update news?

Bottom line. Don't let the fear mongers who claim to be market knowledgeable convince you to panic and sell your shares. They show up and spread doom and gloom scenarios when the stock retraces and disappear when the stock moves higher. Their actions should make it clear how their thesis lacks credibility.

Long and strong.

Carter

[RagingBull84]

Well done, Carter!

[Bucketshop]

Well done Raging Bullsh%t. You cannot be that dense...Don Allaen is a 2 time failure. He is selling because you INVESTORS think a failed Car salesman is onto something! They hired an IR firm which one of their insiders(Lionel) was part of so they could pump the stock and get out!! I love it...he had tax implications...personal issues ....Jeff Bezos and Bill gates sell...These clowns loaded

[Freedom1966]

Wow sounds like you are about to loose your shorts lmfao bad as the crapppper ... someone's getting worried ha ha ha GLTA. That's u too bud !!

[anydaynowplease]

You obviously don't believe in the company, so why the hell are you worried with what is being posted by shareholders on this board.  If you still own shares in this company you are bloody stupid.   You can't come on here and bash the CEO if you are a shareholder, only an idiot that owns shares would do so.  Assuming you're not or no longer a shareholder go about your

[Gringotts]

Good post! Thank you for taking the time to express your insights. If i may add one other item to your list: I also suspect some of the recent sales (Jun 14) are related to the uplisting. My understanding is that certain obligations regading insider holdings of warrents and otions must be met before uplisting. I believe that is why we witnessed a slew of trades by insiders the day before the news

[Bucketshop]

He owns less and has sold 10 million shares since January. This is of course due to an uplisting....The reason the uplisting is CONDITIONAL is possibly these people have moss on them CSE is a joke,,,,VSE is 1 step above joke. Enjoy your fantasies

[lscfa]

Don's overpaid for a start-up...      Don Allan, President & Chief Executive Officer       2019....$325,246      2020...$311,539    

[Bucketshop]

Definately morre than his last 2 failures and his used car dealership. 

[Bucketshop]

Why wouldnt a car salesman and 2 time loser get thatsalary!! the revenue that this POS has generated.....more than offsets his salary!! Pay him more...he needs to continue to sell his useless paper. 

[Freedom1966]

Well said!!!

[Bucketshop]

You cannot beleive that garbage!! What SANE insider would sell knowing that every milestone,Target,Desulpherisation,new contracts,was going to be realised???? Taxes...get a new accountant...

[Bucketshop]

This wannabe has been pais $300k to NOT make any money!!

[Freedom1966]

.   Nice !!!!!!