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


Primary Symbol: V.CMC Alternate Symbol(s):  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

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Post by Stephy on Nov 23, 2021 7:40am

Good news

A news like this takes us away from a possible bankruptcy as some claim. A great opportunity at .$28
Comment by lscfa on Nov 23, 2021 11:04am
The co. spins it as necessary to appease institutional investors but Don said in one interview that the cost of a 4000 lph plant is $75 million (up from $50 million) so maybe REIU wanted the royalty gone to make the economics work with a higher priced plant.
Comment by lscfa on Nov 23, 2021 2:04pm
Renewable U was the one to pay the royalty. Now Cielo shareholders fork over $3 million (10 million shares) so Renewable U gets a break. Not fair. Cielo needs to renegotiate the revenue share arrangement with Renewable U.....    
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