Cielo Waste Solutions Corp. V.CMC.WT

Why do you still own this?

[tamaracktop]

Some excerpts from the company's 2 most recent press releases...

VANCOUVER, BC / ACCESSWIRE / April 18, 2022 / Cielo Waste Solutions Corp. (TSXV:CMC)(OTCQB:CWSFF) ("Cielo" or the "Company"), a waste-to-fuel environmental technology company, today announced that Chief Financial Officer ("CFO"), Ms. Stephanie Li, has advised the Company of her decision to resign from Cielo to pursue other interests.

Aldersyde Facility Operational Update

Cielo continues on its previously stated plan for the development projects at the Aldersyde Facility and the Fort Saskatchewan Research & Development ("R&D") Facility. The R&D Facility is expected to be commissioned in August 2022 and the Aldersyde Facility Phase-II project remains on target for commissioning in September 2022.

Less than a month later:

VANCOUVER, BC / ACCESSWIRE / May 12, 2022 / Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) ("Cielo" or the "Company"), a waste-to-fuel environmental technology company, today announced a revised capital allocation plan to meet its commercial waste-to-fuel facility development goals. The fiscally prudent measure to pause Aldersyde Phase II development is being taken to mitigate the inflated cost of materials, equipment, labour, and services in the current market. 

"Recently issued pre-construction cost estimates of approximately $18MM to $20MM represent an increase of at least fifty percent, with further escalation a distinct probability"

This company has no revenues and no money
Sell it now and colour it history.
It's going to zero.

[Justing]

Bro, don't worry about what I'm doing with my stocks and crypto. Worry about what you be doing with your own business.

[captwade]

Tamaracktop has posed a fair question and I would challenge you to answer it. Try coming up with one single (just one) fundamental reason to own this stock. I don't think you can.

[habsguy]

I can....its called speculation.....

[captwade]

So,I would assume you agree with me then. There is no fundamental reason to own this company.

[habsguy]

Fund don't matter in penny stocks my friend.....imo it's a concept that i'm layin my coin on...year after year I buy in tax loss season and sell when fomo and greed kik in......I come out of the electrical sector and build these things so I speculate on  what I understand...kiss....I'm speculating that flow is comin soon....thanks to the fomo and greed crowd tho....made me