Cielo Waste Solutions Corp. V.CMC

Another red flag ?????

[captwade]

The deal announced in the press release dated Nov. 23 includes the award of 10,000,000 shares of Cielo to 18887711 Alta Inc.  The deal was to close last Friday.  Don Allan is a shareholder in 18887711 Alta Inc.  The press release makes no mention of a "hold" period on the 10,000,000 shares so it would appear that they may be available to be dumped at the holder's option anytime after tomorrow morning.

The reasons offerred for the deal do not make sense so there may be something else at play here. Could it simply be another way that Allan and those close to him could pull another couple of million out of the company?  It would be interesting to know who the other shareholders of 18887711 Alta. Inc. are.

[checkup]

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[lscfa]

The whole thing wreaks....Cielo sold the tech to 188 for $1.00 who then invested some money to improve the tech, patent it, and license it back to Cielo for $0.05/litre royalty. But Cielo has been the one lately spending a ton of money improving the tech so that it works. So 188 did squat to provide a working model. They should get squat now for extinguishing the royalty. Instead 188 gets $3

[lscfa]

Cielo has spent $5 million on R&D in last 27 months to fix dud technology from 188 so 188 should not get $3 million to extinguish royalty on faulty tech.       April year end R&D spend 3 mo jul 2021 1,682,280 12 mo 2021 2,052,793