Cielo Waste Solutions Corp. V.CMC

Can't take hope to the bank

[odzie1]

You're kidding right. There isn't a company I know of that has not taken hope to the bank. That is what they all do. Take there hopes and dreams to turn them into reality to the bank.. Cielo is just perfecting there systems. There is no doubt that they can turn waste into diesel. They are doing it. Numerous private companies have already done this. It's not magic beans. It is being done by several companies already. There is no doubts about the concept of turning waste into biofuels. It's not hope. It's reality. I for the life of me cannot understand how people still have it in there mind that what cielo does is just a dream and just hope. Despite all the evidence to the contrary. Merry Christmas and glta.

[habsguy]

O1...as u mention we are way past the conception stage. It runs product but plugs....it is now and has been for a while in the engineering phase. We are going to debottleneck the front end. Pretty elementary in the big pic....obviously timeline is also part of the equation. So in a couple or 2-3 months we will have indications of rev$$i  flow.     I do not contribute too much

[Mari2019]

  nice post. I agree this is close to being the game-changer we thought 8-10 months ago. It's a totally different management team and you can tell how much more polished and professional their communication has been. Been here over 2.5 years. I think a partnership is coming that will avoid major shareholder dilution. Obtaining the patent was a critical piece that has been overlooked by

[tamaracktop]

You're right, if you meant it produces butt-plugs.

[tony08]

Something esle i would add..... Everybody knows there is no revenues and that the stock is more and more diluted. Cielo is not the only stock in this position, but something is badly missing: It's the CEO's credibility. I know Don finaly left not long ago (with is pocket full) but investor's trust about CMC is gone too!

[gossamer4]

This post has been removed in accordance with Community Policy

[tamaracktop]

Sorry, but you started it. Cielo doesn't have much to take to the bank. What could they put up as collateral for a loan? And what history of profitability or even revenues for that matter, could Cielo provide any bank to povide proof of its ability to service any new debt? Realistically, I doubt very much that Cielo has any recourse to debt financing, other than maybe maybe a convertible

[tamaracktop]

Posted December 26th This company is borrowing from Peter to pay Peter