A few genuine thoughtsGuys, think about it. Peter pascali was born into wealth, although I don't enjoy talking about the CEO on a personal level, it is the fact.
Now, the man was a millionaire long before pyr, he spent 25 years working on this company with vast amounts of research and Development, all this tech he is pushing into the market, to several industries. These industries that use legacy equipment worth hundreds of millions of dollars. Don't you think they would want to get some use out of all that already bought and paid for legacy equipment before they cough up big dollars for plasma?. The adoption of the plasma technology is not as fast moving as he and many others have thought it would be, But, there is huge interest as in the recent constellium partnership-as one single big example.
(and we all know there is a dozen more)
Not to mention, the new breakthroughs we have been seeing, such as with hpq reactor, and the recent cement additive, the NexGen patent etc... There is 25 years of R&D in this company. And patents. I want to be clear.
Now, if you spent 25 years creating something and were already a well off millionaire, would you just turn and walk away for a few million? If this venture gave you the opportunity to become a Billionaire? No sane person would.
Peter has 75 million reasons to push this company to success. 75 million shares he owns, and at a $10-$20 consistent share price that's that, he's a billionaire.. Plus the man has 25 years of commitment, and passion for this venture. Sales are slow, he got way too excited and thought adoption would be faster. Covid hit. I understand. I'm not impressed with delays either. Or the late receivables.
These are all things to consider,
To add.
The Mellon trust seems to be a sort of lifeline to the company, maybe that's it's intended purpose, right from day 1. Did anyone think of that? There could be 25 million in there to support pyr in hard times, Peter has always come through in that way.
If there's anything a millionaire wants, it's to be a billionaire. Don't forget that.
These are a few of my thoughts, and I don't care how the bashers want to shred it apart. It's my opinion and that it will stay.