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Bullboard - Stock Discussion Forum Northstar Clean Technologies Inc V.ROOF

Alternate Symbol(s):  ROOOF

Northstar Clean Technologies Inc. is a Canada-based clean technology company. The Company is focused on sustainable recovery and reprocessing of asphalt shingles. The Company, through its wholly owned subsidiary Empower, has developed a design process technology, the Bitumen Extraction and Separation Technology (BEST), at its Empower Pilot Facility for taking discarded or defective single-use... see more

TSXV:ROOF - Post Discussion

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Post by windymayor1 on Nov 23, 2022 11:38am

Renewable U

Who are these guys who did NOT come up with the $1mm debenture on time.
I stated this in a previous post. They were also associated with CMC. 
ROOF needs to to do their Due Dilly on who they are partnering with for fund raises.
They should be able to get some reputable known companies/financial firms involved by now.
Comment by lscfa on Nov 23, 2022 12:23pm
Northstar should be seeking grants from federal govt's clean tech funds.  
Comment by windymayor1 on Nov 23, 2022 1:06pm
I am sure that is in the works but will not be in the $millions they require to build out the facilities. Each facility's cost is $5-$10 mm which can be funded part equity part debt but they should get a long term partner and not rely on one which can not even come up with a quick $1 mm debenture on time.  
Comment by Possibleidiot01 on Nov 23, 2022 2:57pm
Tailor made for pension fund investment given the scalability and repeatability of the business.