Post by
StanPippen5 on Sep 04, 2021 12:15am
Notes from webinar yesterday 2/9 2021
Excuse any spelling errors or incoherent sentences . Cielo Waste Solution Webinar notes 1465 people on todays Call. Production of high way diesel, kerosene, jet marine and naphtha. We are well into the engineering and developing of the technology. Cielo Currently has tested 63 diff feedstocks including plastics . In plastics there are 7 different kinds and competitors mainly can only use 2-3 however Cielo uses all 7. We can also use tires excluding metal, railroad tiles, telephone phones, cardboards,pulp and paper and also municipal solid waste. Prices of Diesel today are up to 2.10 dollars a liter for Diesel. There are big issues with food crop,shortage of soy beans and food crops. Last time we had our webinar we said we need to get to the next stage and haveevery deficiency sorted. We have as you can see in today's press release taken in three experienced engineering firms to see what we could improve before building our other facilities. Status for the different things: End feed system- work is finished Reactor- this is the heart of the process , take out as much hydrocarbons as possible, today using saw mill waste mix with motor oil and mix with catalyst. We have produced for 2.5 years on and off and done alot of experimenting. We found some inefficiencys we took care of such as adding electric heat and big blender inside. We also added a vacuum pump and more pressure / temperature transmitters. Desulfurization We have been working with the University of Calgary for 3,5 years now.The university helped cielo develop thermoelectric polymerization. Cielo is the first in the world to use this specific process . We have our producer in China and when we got it we were building the equipment. In late august when we were ready to put the catalyst in the reactor we saw that it did not look right.The catalyst had missed components and it wasnt ion charged. We asked our chinese producer and they said they couldnt charge it because of hazard chemicals but unfortunately they had not told us this before. We have then sent it ( the catalyst) to texas to get this sorted and it turns around and is being sent back to us this or next week and we hope to have the catalyst installed in the next week, week and a half. Bottom line we believe we will be comissioning this month. Unforeseen things can happen but end of september is our goal. Good news is we also have alot of buyers for higher sulphur content. 3000 ppm sulphur is the limit we are today between 4-500 ppm. Mining, oil industri all of them interested buying with sulphur.we will work on desulfurization but we are still hoping to get into revenues while doing it. Production numbers:, we have our design capacity of 1000 ltrs per hourif we work too fast it changes the quality of the fuel. We need to make changes accordingly, needs to becontinuous so it looks the same. we dont want to add risk. We want a high quality product with the best price. We make changes continouosly and we can push it to 1000 ltr per hour but currently running lower and pushing this up as we see good quality stabilizing. Cielo general update on projects: Inauguration Dunmore 200 people showed up. Our partners did a good job. Engineering has been done on the railline. alot of sitework has been done. on august 24th we finished completed acquisition of edmonton 60 acres outside edmonton.Shell is next door. Gibson can take our sulphur. Right in the center among the biggest refineries in the world. The plans in edmonton , 3 plants at each site can create 1 billion liter of waste fuel per year. Each one plant is 30 full time jobs, 600 000 man hours . Medicine hat first JV to be built, goal to be the first. After starting Edmonton we hope to comission a plant every 3 month after the first one. We are now looking at toronto, halifax too ( deepwater port). If we make fuel out of plastics, it wont be renewable but it will be a recycled product. Airlines are interested . We could definately become importers of plastics. New projects We are right now finishing proposals with partners renewable U putting out in toronto and other locations,this will determine amount of feedstock , offtake customers etc. Renewable U showing great financial comittment flourishing on all fronts. Our business model is to grow many facilities where we can own 100 %.when you get out of our comfort zone you need JV. Cielo is in discussion with more JV partners and hopefully we can inform about new JV partners shortly! Railroad tiles - we have good support from provincial gov in alberta. We have to go through different steps , we picked 4 feedstocks to work with the testing. Question on oil companies building biofuel refineries in Canada: Oil companies know they need to get greener. Only way they can do is get into renewable stock. everyone is changing half their refineries into food crops. still they use soy beans and canola. It is VERY HARD to find anyone see how this will be profitable without subsidies from the government which doesnt exist in canada. Imperial will build a monster facility for renewable fuel but they will need big subsidies from local government. Biodiesel producers in Canada usually sell it in California because thats where they make money. It will be hard for these producers because food crops prices as soy and canola are going through the roof. 1000 ltr per hour We try to find all inefficiencies to get a great product for our bigger projects.We want to nail it all in Aldersyde. Difficult to give a date but we will keep everyone informed. When we hit it you will see a NR directly. Question on Facilty in the USA Number of different sites, working on a MOU with a municipality right now in the USA. Is China only place to produce catalyst? Are you Trying to find a new supplier? we have two different catalysts one in the main process with 4 different suppliers, mostly from germany second is from dezulphurisation we have begun looking for alternatives and we are looking for a different supplier than the one in China. Will Medicine hat be the next facility? Yes we believe so, Edmonton wont be short behind Question on dilution and financing: Looking at different opportunities, we have alot of money right nowWe are in the best financial position now than we have been in 17 years. We are talking to banks, large banks have given us term sheetsand we need to do some things to qualify. In Edmonton we have the worlds 5th largest bank with a term sheet but we need to secure feedstock with legal binding agreement got some work to do there. We are working with financial institutions, brokers and banks. Question on design: We know we can go into design. we want to take the 1000 ltr into 2000 and then 4000. we will start designing bigger after 2021. Are there alternatives to using catalyst in the dezulfurization phase? Yes we have looked at other alternatives than desulphur.we have worked different feedstocks and we have good results right now. Anywhere we can do upgrades we will do them. Expansion in Europe? We get inquiries around the world, right now we stick to North America but we will continute talks in europe because its big market for us in the air business.Right now we will focus on our 10 plants, and hopefully soon more announcements.
Comment by
scott01 on Sep 04, 2021 12:59am
great job taking notes. Many positives coming this fall.
Comment by
vitalina2233 on Sep 04, 2021 12:27pm
You know what, it doesn't matter what you expect or suspect. Move on. You need not post to save us. Bye Candy Take care of yourself papi
Comment by
CandyC on Sep 04, 2021 2:49pm
Me giving my opinion on here won't move the SP. I just don't have confidence in Cielo right now have 3 separate engineering companies in to fix separate issues. I'm not a malicious person and I hope everyone still holding does well. My bet the engineers are resolving any issues for quite a while. I may get in again at some point but not until I hear positive news
Comment by
vitalina2233 on Sep 04, 2021 2:54pm
good enough, now youve made your point several times. Enjoy your long weekend. I'm retired so its always a long weekend
Comment by
fdfd12 on Sep 04, 2021 2:56pm
Guys, my question is this. That delay is the problem. Maybe they are delayed cause this thing isn't working. Robert found out and he sold everything and he can't comment on it! I don't know but I sold everyting too. Ever hear, "sell first ask questions later". Well some of you should be experienced enough to sell yesterday
Comment by
ace1mccoy on Sep 04, 2021 3:43pm
Good one fd ! Ditto that's what I did "sell first ask questions later" .... I'll be watching from the sidlines.
Comment by
fdfd12 on Sep 04, 2021 4:07pm
If this is going to $8, then I will be more than happy to pick it up at $1.20 and ride it to $8. What is the difference to me from $.80 to $8 or $1.20 to $8??? I would suggest some to do the same. If it goes from .83 to $1.20, then things have improved and we have confirmation. Sidelines is the place to be
Comment by
StanPippen5 on Sep 04, 2021 4:34pm
Huge overreaction! Nothing changed fundementally, just a slight delay in schedule.
Comment by
vitalina2233 on Sep 04, 2021 6:01pm
i'm so eager to find out whats goin on and we will next week
Comment by
vitalina2233 on Sep 04, 2021 7:55pm
I will agree with you 12 Bought more at .84-85 Now i got my million shares and i will sit on the sidelines. I cant go wrong if it goes down substatually i will buy more,if it goes up i'll sit pretty. That's my plan Papi
Comment by
goldrainium on Sep 05, 2021 1:10am
You seem to have unlimite funds must be nice
Comment by
jerry115 on Sep 05, 2021 10:22am
There is a reason they call this a "Bull" board.
Comment by
RagingBull84 on Sep 05, 2021 3:11pm
Then also look at the amount insiders still hold!
Comment by
CandyC on Sep 05, 2021 4:30pm
then also look at the stock price
Comment by
vitalina2233 on Sep 05, 2021 10:29pm
Thanks for you input Very helpfull NOT Why do people that don't own the stock opine? What brings them here? Their knowledge NO
Comment by
RagingBull84 on Sep 05, 2021 10:58pm
Wow, now we have used truck salesmen giving advice on this stock. Thanks but no thanks, we are not buying what your selling.
Comment by
ACTIONK on Sep 05, 2021 11:13pm
Look at the numbers dummy. I am cheering for this company but I am not a dummy that is going to lose money on this gamble. Your a bad investor - happy dreams and hopes. One more thing, investors (Bob) I am sure sold his shares as it hit the 30DMA stop price. If you have no idea what that means - keep on trucking. Do you DD, dummy.
Comment by
RagingBull84 on Sep 06, 2021 12:15am
You talk out of both sides of your A$$. You are cheering for the company, but it's a bad investment? That makes a lot of sense now doesn't it? So who is the dummy, here? Since you don't have a truck anymore why don't you just walk away from this board and don't come back. You bring nothing to the board anyway. GOOF!
Comment by
ACTIONK on Sep 06, 2021 12:26am
Hahaha, I took a truck load of cash to the bank and can buy many trucks, thanks for the money. BABY
Comment by
vitalina2233 on Sep 06, 2021 10:44am
If your refering to me i will show my portfolio against yours for all to see and see who the dummy is,of course there's a wager attached. Show up or Shut up ROOKIE Papi
Comment by
vitalina2233 on Sep 04, 2021 9:05pm
Hey RB its been awhile. I concur with everything you said,we dont know if he sold. Were in the dark. Plus that what i always say about Rome Cheers
Comment by
CandyC on Sep 04, 2021 9:50pm
They flat out said he wasn't taking calls on Cielo. Not a good look. Could also be manipulation going on
Comment by
StanPippen5 on Sep 05, 2021 1:17am
Candy I'm just curious what he could say about the company that wasn't covered in the presentation. Either you believe in the process and the company or you don't and if you don't you shouldn't own any shares in it...just my thoughts
Comment by
ace1mccoy on Sep 05, 2021 1:19pm
Might even want to put MDX on the list of historic McWhirter pumps. His wife was (key word , "was ') a consultant / employee of the company ..... One must be cautious and take McWhirter's recommendations with eyes wide open ......
Comment by
CandyC on Sep 05, 2021 1:48pm
@ace1mccoy mar the start of Market Call Friday Cielo was 0.96. McWhirter refused calls from myself and others to discuss Cielo. Ended the day at 0.83. Not professional after "pounding the table" and giving it $8.00 target. His reputation definitely is damaged. Shame on BNN to have him on.
Comment by
jake12116 on Sep 05, 2021 1:51pm
McWeasal is a user him and his family made millions on Cmc then cold shoulder the company & refuses call on the company,,, fail big time