After cancelled IPO, GFL exploring ICO using coins found in customer’s trash
- News Default Swap

- Dec 4, 2019
- 1 min read
VAUGHAN, ON – GFL Environmental Inc. is the latest company to shelve an IPO shortly before the planned listing on the Toronto Stock Exchange.
GFL has joined a long list of companies who have learned that investors are searching for profitable companies.
“We didn’t consider the fact that our company has never made money as an important issue in the decision to go public,” said GFL Founder, President and CEO Patrick Dovigi. “There was no way to know that profitability is high up on an investor’s wish list.”
“We didn’t consider the fact that our company has never made money as an important issue in the decision to go public”
In an effort to put a positive spin on the news of the cancelled IPO, the company is now reportedly exploring an initial coin offering by collecting random currency found in the trash of their customers.





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