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

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

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. > Do you know why companies are "limited" ?
View:
Post by tamaracktop on May 24, 2022 12:23am

Do you know why companies are "limited" ?

"Limited" means limited liability.

You can't be held liable for anything over and above any company's default on any debt if you're a shareholder.

You can only lose your investment in the company.

Otherwise, you'd have to shoulder your share of a $10 million current account deficit in this particular case.

I don't post here much, but I'm very angry.

Please please sell your shares.

You would have a strong case against Bob McWhirter, if anyone chose to purse one.

BNN as well.

They endorsed a fraud.
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