Cielo Waste Solutions: Related Party JVs Mask Financial Vulnerability

Cielo Waste Solutions: Related Party JVs Mask Financial Vulnerability Cielo claims to have funding through Joint Ventures with a related party known as Renewable U Energy (RUEI). RUEI’s founders concurrently ran Cielo Investor Relations in exchange for millions in Cielo equity We uncover evidence that RUEI is financially weak – its currently struggling to raise a meager $1.5m, strongly indicating the $150m necessary for the first JV facility is out of reach