This will be a quite different post than what we usually provide to you as a subscriber. We have noticed alot of downward movements for no obvious reason in many of our ESG positions and also other companies on our watch list . There may be several reasons for this trend occuring which we want to clarify.
First of all the same phenomenon often occurs globally this time of year in the form of tax season selling which means investors sell off positions with a loss in order to deduct it on their tax audit. Secondly the markets have been spooked by rising COVID cases around the globe. Last but not least it should not be underestimated what the current (hopefully) high inflation rates are doing to the markets. When there is a spike in inflation central banks may feel urged to start increasing their interest rates at a higher pace than they otherwise would have.
What is a dangerous balancing act right now for the Central banks is that the debt ratio for households in Canada , USA and Sweden to name a few are at historical highs. There is a big risk that any sudden massive raise in interest rates could cause a flash crash in housing prices which almost certainly also would affect the stock market.
ESG and cleantech is a global macro trend that will need to have a continuted growth most likely for the next 30 years if humanity is going to have a world that is sustainable for human life as we know it. Therefore we are not worried long term what any short term turbulence may cause although one should be aware of evaluation bubbles in the ESG sector such as the case with Rivian. What should be kept in mind as an investor is as always to keep your portfolio diversified (meaning minimum 10-15 positions) and never to invest money you cannot afford to lose. Remember Time in the market usually beats timing the market.
P.s This cannot be stressed enough, do NOT use leverage unless you are absolutely sure about what you are doing!
Legal Disclaimer
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.
Company: Lion E-mobility Listings :German exchange Xetra and Frankfurt Ticker: $LMIA and $LMI Market cap at time of publication: 28 million Euro Stock price at time of publication: $3 Euro Business: Supplier of electrical energy storage and lithium-ion battery system technology Website: https://lionsmart.com/en/company-news/
ESGFIRE comment: We made an incorrect assessment recently where we sold our shares in Lion E-mobility at 2.5-2.75 Euros. We have today repurchased our shares at an average price of 3,82 Euros since the company revealed today that they have received a huge order from one of their Canadian clients worth close to 50 milion Euro for 2022. this is almost twice the market cap of the company before this news. Our incorrect assessment was that the company would be losing their canadian customers since Vicinity Motors had chosen a second supplier of batteries but as today’s order showed we were wrong in this assumption. Therefore Lion e-mobiity re-enters the ESGFIRE portfolio as of today 17/11 2021.Press release in full below.
Baar (CH), November 17, 2021 – LION Smart GmbH, a wholly owned subsidiary of LION E-Mobility AG and developer of electrical energy storage and lithium-ion battery system technology, has secured a major order for the supply of battery packs from one of its larger Canadian customers.
The sales volume of this order was agreed for 2022 and amounts to around €48.4 million. By winning this major order, LION Smart continues to successfully drive its battery pack integration business forward, confirming its ambitious growth targets for the coming years.
Winfried Buss, Managing Director of LION Smart GmbH, said: “Winning this major order confirms that we have chosen the right strategy around our important business of supplying battery packs. We are proud to set a new milestone for 2022 with this major increase compared to the previous year in sales and look forward to further successful cooperation with our customer in the future.”
Legal Disclaimer
We own shares of these companies personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advice or recommendations of any kind to either buy or sell any stocks.
Char Tehnologies + up 41% Desert Control AS + up 22% Aduro Clean Technologies + up 5%
Worst monthly performers Aurora Solar technologies – down 36% Vicinity Motor – down 18% Biofrigas TO1 – down 12.5%
Current positions with monthly performance for October 2021
Aduro Clean Technologies – Up 5 % for october we are awaiting validation from third party on their hydrochemolytic technology.They have recently announced discussions to establish a pilot in Europe for plastics recycling . Just now (9/11) they also announced another pilot in Canada for plastics recycling which is faster than we had anticipated. Analysis is coming shortly from ESGFIRE on Aduro. Aurora Solar Technologies – Down 36 % The market chose to interpret news during October as very negative. We make a different assessment as the latest validation showed that the software (Insight) is also being evaluated by a second manufacturer. There was a slight delay in the first evaluation which is calculated to being concluded during the current quarter which means before the end of 2021.
Char technologies – Up 41 % Char Technologies announced progress on their plans for building their own facility in Kirkland which we calculate could bring in revenues of up to 18 MCAD per year. The rise this month can also be attributed to newsletter writer Keith Schaefer who put a 1,5 CAD current price target on the company.
Desert Control – Up 22 % The company gave an update on their big project in Abu Dhabi with Mawarid. The agreement was extended to include a bigger scope which could lead to larger revenues than initially was thought and is preparing for stage two.
Earthrenew –Down 2.5 %. The stock is currently a waiting game. Fundamentals are very sound with increasing revenues and one big seller which has put a major pressure on the stock. Once this seller is gone we expect a return to more normal trading levels at 0.30-0.40 CAD
Environmental Waste international – Down 11 %, another dissapointing month yet this is now a waiting game to see progress with the domestic facility which we hope to hear more about soon.
Vicinity Motor Corp – Down 18 % the company has revealed very impressive news lately and should shortly receive analyst coverage which may prove a signifcant catalyst. Recently came out with a financial projection of revenues for 2022 amounting to 140 MCAD. New EV models and orders have been announced. This company should also benefit from the new biden infrastructure bill.
Solarvest BioEnergy – +-0 , Disappointing stock price lately but our conviction remains. We think big deals could be around the corner.
Biofrigas Option 1 –12 % Biofrigas recently updated and stated their external customer validation should be done shortly. This should prove to be a great catalyst!
NEW positions:
Company: Leading Edge Materials Corp Ticker: LEM, LEMSE Industry: Battery minerals mining Listings: Frankfurt, Canada, Sweden, US OTC Shareprice development in October: + 84 % About: Leading Edge Materials is developing a portfolio of projects located within the borders of the European Union with the vision to supply sustainable and secure sources of critical raw materials to European industrial ecosystems. If the European Union is going to be self sustaining in battery minerals new mines will need to be opened. Sweden has some of the worlds harshest and toughest environmental regulations in the world making us confident this is an ESG friendly investment position.
Company: Hydrogenpro Ticker: HYPRO Listings: Norway Shareprice development in October: +18 % About: Hydrogenpro has a proprietary technology to produce cost competitive green Hydrogen using alkaline. Hydrogenpro announced on 2021-02-22 that they will be able to produce Green Hydrogen at a cost below 1.2 USD per kilogram already in 2022. This is an extreme breakthrough if the company can deliver on these promises especially since one of their competitors NEL has a target of 1.5 USD per kilograms for Green Hydrogen in 2023. HydrogenPro technology, if it delivers as promised, will be ready to compete in terms of price with gray hydrogen already next year in 2022.
IPO positions: We have a number of positions in unlisted companies which we anticipate will go public through initial public offerings within the next 6-12 months.
Evanesce packaging solutions Website: https://evanesce.com/ About: As a sustainable technology innovator,Evansesce is revolutionizing sustainable packaging with 100% compostable and affordable plant-based solutions. IPO time table: Likely going public in the first quarter of 2022 on one of the Canadian stock exchanges.
ChargePanel Website: https://www.chargepanel.com/ About: ChargePanel specializes in the management, operation and usage of Electric Vehicle Charge Points. We provide adaptable solutions for charge point owners, resellers and organizations. IPO time table: Likely going public beginning of December 2021 at one of the Swedish stock exchanges.
Ola Media Website:https://www.olamedia.mx/ About: OLA MEDIA is a network of interactive touch screens located exclusively in the backseat of Ubers. By leveraging innovative technologies and captivating spaces, they help brands create engaging experiences with a high value audience. IPO time table: Likely going public during the second quarter of 2022 at either Canadian exchanges or NASDAQ.
Rebought positions:
Absolicon
Temporarily sold positions:
Nuvve – Temporarily sold we expect to buy this stock back shortly.
Legal Disclaimer
The stock price development above was calculated by taking the opening price at the first day of October and the closing price at the last day of October.
We own shares of these companies personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advice or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this blog.
Current positions with monthly performance for September 2021
Aduro Clean Technologies – Up 11 % for september , awaiting validation from third party on their hydrochemolytic technology. Analysis coming shortly. Aurora Solar Technologies – +-0 Awaiting third party validation by a major potential client which should be imminent.
Char technologies – +-0 no material change.
Desert Control – Up 35 % we are expecting to hear news about their project in Saudi Arabia shortly which could mean big revenue.
Earthrenew –Down 11 %. The stock is currently a waiting game. Fundamentals are very sound with increasing revenues and one big seller which has put a major pressure on the stock. Once this seller is gone we expect a return to more normal trading levels at 0.30-0.40 CAD
Environmental Waste international – Down 41 %, extremely dissapointing development. The JV partner torreco is awaiting governmental approvals before they are willing to invest the remaining outstanding amount required to get the first test facility into commercial production. The company needs to step up and speed up their operations.
Newlox Gold Ventures Corp – Down 27 % despite very good test results in their projects.
Vicinity Motor Corp – +- 0 the company has revealed very impressive news lately and should shortly receive analyst coverage which may prove a signifcant catalyst. Recently came out with a financial projection of revenues for 2022 amounting to 140 MCAD.
Solarvest BioEnergy – Down 28 % , very disappointing stock price lately but our conviction remains. We think big deals are around the corner.
Biofrigas Option 1 –Stock up 6 % , Option up 36 % Biofrigas recently updated and stated their validation should be done shortly. This should prove a great catalyst!
Sold positions :
Landi Renzo – No progression as we expected, sold but we may buy it back if we see good progression on their commercial hydrogen projects.
Cielo waste solutions – The company has had a turbulent time and we chose to exit our position during september. We may consider buying it back into the portfolio when we see continous flow to be proven atleast in the range of 500-1000 LPH range.
Lion E mobility – We have not seen any progression with their TIER 1 client which we find worrying , also their largest client Vicinity motors corp have today (13/10 2021) announced a new battery supplier which leads ut to think Lion might lose revenues which would be even more worrying since they have just purchased the rights for the BMW batteries production and invested money in this revenue source. IF and WHEN we see that the cooperation with the TIER 1 supplier progress we will consider bringing the stock back into the portfolio.
Temporarily sold positions:
Nuvve – Temporarily sold we expect to buy this stock back shortly. Absolicon -Temporarily we expect to buy this stock back shortly.
Legal Disclaimer
We own shares of these companies personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advice or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this blog.
Company: Aurora Solar Technologies Listings : TSX Venture, Frankfurt, USOTCB Tickers: ACU, AACTF , A82 Market cap at time of publication: $38.14 MCAD Stock price at time of publication: $0.265 CAD Number of shares fully diluted: 160,899,725 Business: SaaS Solar producer software and cost savings Market Size: US$25bn Website: https://aurorasolartech.com/
This is a short introduction post to alert our community that we have taken a full investment position in Aurora Solar Technologies which is now a part of the ESGFIRE portfolio. There may come a more extensive analysis within the next few months.
Aurora Solar Technologies provides inline process measurement, analysis, and control systems for solar cell manufacturers, essentially they create tools and software which increase the yield and profitability for manufacturers. They are weeks away from finishing a formal trial of their Insights platform with a solar cell manufacturer and will be releasing it as a subscription based software program. Insights will increase the profit margins for solar manufacturers. They estimate an annual savings of 6-13 million US dollars for each 5 gigawatt factory.
Aurora SolarTech has created a software as a service (SaaS) solution to save solar cell manufacturing companies 6-13m for every 5 gigawatt factory that it is installed in. There are about 40 of these factories worldwide and with a first-mover advantage they estimate that they can get into about 65% of them (26 factories) time line. Assuming the low end of savings (6 million) and a planned subscription fee of 15% of savings (900k annually) would give them 23.4 million in recurring revenue. This should be able to increase the share price roughly by 9X from today’s price of 0.265 CAD by 2024 (or early 2023 if they have greater improvement or market penetration) and set the company for a 25% year over year revenue growth. Current investor presentation can be found HERE. Stock overview: Fully Diluted Outstanding Shares 160,899,725 (Includes warrants of 7,715,000 and options of 9,260,000) Float – 121.05 Million Short Interest – 49k Shares shorted aka .16% Institutional Ownership 14.9%
Legal Disclaimer
We own shares of these companies personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advice or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this blog.
Ticker: CMC.V / CWSFF Listings: TSX Venture Exchange / US OTC / Frankfurt Website:https://www.cielows.com/ Market Cap: 411 MCAD at time of publication Share price: 0.63 CAD at time of publication Industry: Converting waste to renewable fuel
September 27 2021: Cielo WasteSolutions Corp today announces that Mr. Gregg Gegunde, Chief Operating Officer of the Company, has also assumed the role of Chief Executive Officer alongside Mr. Don Allan, who will remain President and Chair of the Board of Cielo. Mr. Allan and Mr. Gegunde will share the responsibilities previously undertaken solely by Mr. Allan as the Company continues through its next phase of growth.
Management Team Growth
As President, CEO and Chair of the Board of Directors, Mr. Allan has led the Company through several years of research and development activities, bringing the Company to a point of demonstrating a successful track record of diesel production, which the Company will continue to build on today. Mr. Gegunde, during his tenure as Chief Operating Officer of the Company, has proven to the Company’s management team and Board of Directors his abilities and commitment to the Company, its technology and its objectives. Mr. Allan and Mr. Gegunde will work together with the rest of the management team at Cielo to continue forward with the Company’s research and development and business plans. While the Company has experienced delays in the past in advancing the commercialization of its technology, with its proof of concept in place, the Company believes it is on a clear path to commercialization of its technology on a large scale.
Don Allan, President of Cielo, commented: “We are very lucky to have added a very strong senior management team. Gregg has proven his experience with senior management decisions and his strong engineering skills. Cielo is growing into a much stronger and loftier company, and we are lucky to have Gregg accept the promotion to CEO, I look forward to working with Gregg to continue the substantial increase in Cielo.”
Gregg Gegunde, Chief Executive Officer and Chief Operating Officer of Cielo, commented: “The current Cielo management team and dedicated Board of Directors were drawn to this organization because of the tremendous potential impact we see from deploying our solution. We truly believe Cielo presents a unique opportunity to help our planet deal with the massive amounts of waste by-product generated by society, but also to provide a greater supply of diesel, which is a cleaner energy source that can help support the ongoing demands of our North American lifestyle. This team is motivated by the opportunity to generate a greener energy supply that improves the sustainability of our planet while also creating the kind of organization capable of generating meaningful returns for our shareholders. I look forward to leading Cielo with Don and the rest of the Cielo team.”
Annual General and Special Meeting
Generally, Cielo has focused in recent months, in particular in line with its transition to the TSX Venture Exchange (“TSX-V”), on attracting qualified and dedicated directors and management to contribute to the advancement of the Company’s objectives as a TSX-V listed issuer. In recent months, the Company has built what the board of directors (the “Board”) and management believe to be a strong and qualified set of individuals. The Board and management may experience additional changes as it continues to grow and adjust to its objectives.
As a result of recent changes to the Board, the Company will be filing an Amended and Restated Notice of the Annual and General Meeting of the Shareholders, to be held on October 21, 2021, and a related Amended and Restated Management Information Circular and Form of Proxy (the “Proxy Materials”), however no other material changes to the Proxy Materials anticipated. The Board is actively engaged in the process of identifying new and suitable candidates who can bring the necessary skills and commitment needed to continue propelling the Company forward and will provide updates as they become available, including in the Amended and Restated Proxy Materials.
Operational Update:
The Company is pleased to also share an update concerning operations:
The desulfurization process unit is still on track for warm-up and start-up before the end of September, 2021. Once the unit is on-line, the Company’s primary objectives are to:
confirm the ability to produce diesel with a sulfur content that complies with road diesel requirements;
monitor, trend and measure system performance parameters for design purposes; and
gain an understating of expected operating costs.
While continual operation of the desulfurization unit is not critical to operation, we will operate the unit as required.
The existing process at the Company’s facility in Aldersyde, Alberta is currently undergoing design enhancements and system modifications. In the immediate term, attention is being directed to demonstrating the concept of a continuous steady-state operation. This includes the three process blocks of the system that are currently in design: (i) the inlet feed system, (ii) the reactor and, (III) the biomass waste management system. We will be able to update the market in the near future regarding the status, progress and tuning of this facility.
Cielo is in the design stages of a scaled-down version (60-litres per hour (“lph”)) of a complete process system that is intended to mimic a full-scale 4,000-lph facility. Based on the current timeline, management anticipates approaching the fabrication and construction phase by Q1-2022 which is planned to be constructed at Cielo’s new, recently announced site at Fort Saskatchewan, Alberta. The purpose of this research facility is to achieve a very high degree of detailed performance characteristics, feedstock yields, optimum carrier fluid design, rector design, catalyst experimentation and a detailed material balance for the system. This system is expected to give Cielo the flexibility to experiment with a greater range of pressure and temperature regimes, reactor configurations and catalysts to greatly enhance the quality of the fuel yield. The detailed lab-grade engineering output is expected to facilitate the confidence to successfully design full-scale commercial plants with predictable performance, capital cost expectations and operating cost metrics.
The Company has also made improvements in its processes, both in the corporate and operational contexts, taking steps to bolster the underlying strength and integrity of the organization overall.
As a responsible and trustworthy organization, Cielo is focused on ensuring the health and safety of its employees, contractors and partners, while also striving to minimize the environmental footprint of its operations. Under the leadership of Mr. Gegunde as COO, improvements to health and safety measures are being employed across Cielo’s operations.
Cielo has also established a robust internal engineering team with the goal of minimizing reliance on external engineers or consultants, maintaining control over all intellectual property and processes, and driving down overall costs within the organization. As needed, Cielo has built a professional working relationship with a leading third-party engineering consulting firm to ensure the Company is ideally positioned to execute. Through the development and implementation of new and more rigorous engineering standards, management expects to have stronger business processes and feedback controls, which has been a primary focus over the last quarter and will continue to be a focus as Cielo continues towards commercialization.
The opening of the Calgary office allows Cielo to attract additional professionals who are focused on creating effective cost controls, instituting budgeting processes and capturing synergies as a result of Cielo’s team being centralized.
Release of Fiscal Q1, 2022 Results & Conference Call
Cielo anticipates filing its financial statements and management’s discussion and analysis for the three months ended July 31, 2021 on September 28, 2021, and in the interests of enhancing engagement with shareholders, plans to host a conference call and webcast to discuss both the results as well as the recent developments and future outlook for Cielo the morning of September 29, 2021. Further details, including dial-in numbers and webcast links for the event, will be provided in the coming days.
ESGFIRE comment: We have been caught by surprise with the latest complications in quality of high continous flow and the first delay in the dezulfurization process as well as recent changes to the board.We note a change of communication from the company regarding the Desulfurization process as follows: In the operational update of 2/9 2021 Cielo stated ” Commisioning of the desulphurization process equipment is expected to be completed by the end of September, 2021.” In todays (27/9 2021) operational update the communication from Cielo has changed to “The desulfurization process unit is still on track for warm-up and start-up before the end of September, 2021. ” We are unsure what this change in communication originates from, it could be an unintentional change but nontheless we find it concerning. The latest departures of two board members in Andrea Whyte and Mr. George H. Brookman is also concering especially since the two board members joined the company less than 2 months ago. Finally we find it most concerning that Cielo seems to be further away from steady high quality continous flow than we had previously anticipated and the fact that they see the need for a construction of a 60 LPH test device. We have therefore decided to temporarily remove Cielo from the ESGFIRE portfolio until we see that the company reaches continous high quality flow of atleast 500 LPH and a complete success with their Desulfurization commissioning, when these milestones are reached we are positive to once again add the company to the ESGFIRE portfolio, meanwhile we will continue to monitor and report news released by the company.
Legal Disclaimer
We own shares of these companies personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this blog.
We have temporarily chosen to sell our positions completely in the companies below ( sell order has been executed today 20/9) to have some dry powder for anticipated market turbulence. We aim to rebuy these positions in full within 4-8 weeks. Rarely do we try to time markets so this course of action is not advisable for everyone. We do however believe that there are no near term (4-8 weeks) triggers for the companies below hence we are not scared to exit temporarily. Positions sold temporarily
Absolicon – sold in full Nuvve Corp – sold in full
Current market offers, what we think is a good entry point in the following companies: Desert Control Aduro Clean Technologies Solarvest Bioenergy Hydrogenpro ( On our watchlist, no position yet)
Legal Disclaimer
We own shares of these companies personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this blog
After a rough couple of trading weeks we felt it was time for us to give our general view on the current market situation.
“It seems to me very clear that the stock market is extremely overvalued and this is very dangerous,” says Andrew Smithers, an economist who has written extensively on how to value the stock market. “Bubbles usually end in tears.”
This quote comes from a recent Financial Times article. So is this true and are we all doomed?
Of course not! Even though yes the markets do look like they are stretched in evaluations right now it has mostly been supported by economic growth but ALSO due to the Federal Reserve banks measures in quantitative easings. We think that the anticipated end of tapering ( meaning the end of quantitative easing in support of the financial system) could possibly trigger a correction in the stock market this fall. We have therefore chosen to currently put 20 % of our portfolio right now in cash for this possible opportunity.
We have recently taken some gains of the table in the following positions: Clear Blue Technologies – Whole position gone Thermal Energy International- Whole position gone Cielo Waste Solutions – Part of our position sold
We urge all our followers to do an inventory check of their portfolio to see if there are certain positions you think are too large or where you could take some profits in order to have a cash reserve in case of a possible correction.
Something to consider
“Prices in the US equity market look extreme relative to history, but they look less extreme relative to interest rates,” says Inker. “If this turns out not to be a bubble, the answer will be that the underlying environment for financial valuations has changed, so investing in stocks with a much lower expected return makes sense.” “I’m sympathetic to the idea that with very low-interest rates you can sustain higher equity valuations,” he says. “But it’s still very explicitly a bet on where real interest rates are going to be or that they’re going to continue to go lower.”
So the conclusion is stocks can both be considered overvalued right now or reasonably valued depending on if you compare them to historic evaluations or relative yields available for bonds! Undoubtedly it’s impossible to judge when or how a correction/recession will occur. However for the time being we prefer to stay in the safe zone with our 20 % cash position being prepared for whatever this fall holds for investors.
Legal Disclaimer
We own shares of these companies personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this blog
Current positions with monthly performance for August 2021
Absolicon Solar Collector – Down 12 % despite good news of cooperation with Carlsberg. We expect big things this fall! Cielo Waste Solutions – Down 8,5 %. Char technologies – Up 5 %. Desert Control – Up 17 %. Earthrenew – Down 2 %, BIG insider buys lately, 6 months financials report coming soon. Environmental Waste international – Up 21 %. Newlox Gold Ventures Corp – Down 19 %, reported a gross margin of 64,5 % in their latest financial report! Nuvve Holding Corp – Down 13 % despite no negative news, feels like this is being heavily traded by market makers. Vicinity Motor Corp – Down 13 % despite only good news with material orders, the market is clearly sleeping on this one. Lion E-mobility – No material change, CEO is resigning which actually could be positive, awaiting news of the TIER 1 cooperation. Landi Renzo – Up 5 %. Solarvest BioEnergy – Down 10 %, very disappointing stock price lately but our conviction remains. We think big deals are around the corner. Biofrigas Option 1 – Up 28 % We are expecting news of the verification for their system process during September /October.
New position; Company: Aduro Clean Technologies Inc Listing: CSE Ticker: ACT ESG comment: Aduro Clean Technologies has been working to address some of the pressing environmental issues faced by the global community today. One is the matter of unlocking value from waste plastics that pollute our lands and waterways. Others include improving the characteristics of bitumen through a greener conversion process and increasing the economic value of renewable oils in scalable operations that can be implemented locally. Originally developed to upgrade heavy oil, Aduro has redirected and reconfigured HCT to upcycle plastics and upgrade renewable oils. Simply put, HCT leverages the unique properties of water in a chemistry system that transforms large molecules of low value into smaller molecules of higher value; materials with undesirable characteristics are converted into materials that are more useful, the result being a tremendous uplift in market value. We see this company as a great complement to our investment in Cielo Waste Solutions, they’re not direct competitors at the moment but they work in the same line of business. An extensive initial analysis will be done by us on the company in the coming months. This company likely, according to us, has an equally bright future like Cielo Waste Solutions.
Sold positions:
Clear Blue Technologies- CBLU The company reported very good increases in revenues however we suspect the company may soon find themselves in a position where they once again will need to raise more money. The company is burning 500-800 000 CAD per quarter and the cash reserve is quickly disappearing. We have spoken to several of the investors who participated in the last financing who are disappointed in the development of the company since they would of hoped to see bigger orders in a shorter amount of time. We still like CBLU and will most likely return our position with participating in the financing that we are expecting will take place within the next few months. Should CBLU land a big contract in this time it may deffer the need for a placement however the company is currently heavily leveraged with debt.
We hope you enjoyed our portfolio update and don’t forget to subscribe to always stay ahead of the herd as we always aim to give our subscribers a head start before we release our blog posts on our other social media channels!
Legal Disclaimer
We own shares of these companies personally.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advise or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this blog.
