RE:RE:NR April 13
Correct, there seems to be a bidding war emerging for the PYR contract. The licensee seems to be unwilling to pony upfront the $0.5M cash, while their competitor seems to be eager to pay up more to snatch away the contract. Actually a good situation for PYR, if the original licensee doesn't quickly pay and come up with signed purchase orders, they can drop them and take on the competitor for better terms...