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Bullboard - Stock Discussion Forum Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s):  V.CMC.WT | CWSFF

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood... see more

TSXV:CMC - Post Discussion

Cielo Waste Solutions Corp. > Pounding the table
View:
Post by CandyC on Sep 24, 2021 6:19pm

Pounding the table

No more "pounding the table " as it has been repossessed
Comment by CandyC on Sep 24, 2021 10:31pm
Even I understand the financials enough to know that the company could be heading towards bankruptcy 
Comment by tamaracktop on Sep 24, 2021 10:38pm
Technically, it is, basically. I could obviously be wrong, but after 2 downward revisions and negative working capital, and $4200 in revenues and a $36 million loss, clearly it's not the leader of the pack. It's the laggard. I hope people realize that before they cannibalize themselves fighting over scraps.
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