/biz/ - Business & Finance

>>29927442
>no debt
This is not true. Also they are dilution city.
They are not selling biodiesel. They are selling stocks.
Like AQB.

>>29896539
>Cielo
This is what I was wondering about. Will they be able to ramp production up before cash runs out, or do they have to issue 30 million more shares like they did in Q3? Maybe just 10 million since they are now very expensive.
They didn't have any revenue because they were doing R&D until around October, so that's normal and not really caused by the corollavirus.

Their catalyst being a trade secret rather than a patent still worries me. Also there are not much good info on how robust they are in terms of feedstock. Does it have to be selectively collected plastic and paper, or you can just throw in regular trash and don't even care?

>pic related, it's a screen from their latest financial statement.
Their business model is not selling renewable diesel. It's selling shares.