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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Bullboard Posts
Comment by billy4325on Oct 09, 2019 6:06pm
186 Views
Post# 30214356

RE:RE:RE:RE:DROSITE LLC setup in USA...MASSIVE profit flows back to PYR

RE:RE:RE:RE:DROSITE LLC setup in USA...MASSIVE profit flows back to PYRYou're saying that a US company owned 100% by Canadians is not a Canadian company.  But if it was owned by PYR (which is less than 100% Canadian ownership), it would be a Canadian company?   Better think through that again.

Nowhere did I see any indication that 100% of the revenues flow back to PYR.  From the Drosrite release:
"The Contract is for approx. US$15 million in first year revenue, in addition to (i) future spare parts, and (ii) annual royalty payments."

From the PYR release:
"As part of the exclusive arrangement between DI and PyroGenesis, DI will pay PyroGenesis approximately $20M within 12 months, plus $2.5 M per year (fixed) for the next two (2) years, plus a variable amount for the subsequent 18 years based on certain international benchmarks which we are targeting to be approx. $2.5M."

The first year are similar amounts, however there's no indication of Drosrite's revenues after that.  Could be $5 million a year for all we know, with the shareholders of Drosrite pocketing the difference between what they receive and pay to PYR.

Anyone with investing experience (especially on the TSX-V) should be aware other situations where management sets up a related company which sells goods/services to the publically traded company.  Also, accusing anyone who brings up potentially negative implications of business decisions of being a shorter or spreading fear is pretty ridiculous to be honest.


Kongratulation wrote:
If the Company was an "official' sub, it would be the same as if the deal was done with PyroGenesis a CANADIAN COMPANY...

That is the only thing this set up is designed to do is to allow everybody to save face...  
 
The Saudi are dealing with a 100% American company and the equipment is made in the US...  They are happy
 
And Pyro found a way to make the deal...  We are happy...
 
From the information released today by the two companies,  100% of the revenues from flow back to Pyro...
 
All the speculation about Management trying to steal and is acting in  bad faith is just done to spread fears 
 
NOW WHY MAKE A BIG FUSS ABOUT THAT...
 
Maybe one needs to cover a large short or his trying to buy a large position and his spreading lies to buy shares cheaply.


Bullboard Posts