RE:RE:RE:RE:PYROGENESIS Clean tech article To clarify, I never said anything was a fraud. You are right that I present facts that support my point of view (naturally). I have accurately quoted statements made in press releases and filed financial statements. I have not, and will not, make unsubstantiated statements. I may hypothesize on outcomes I feel may result from business practices as I understand them just as many others here have suggested outcomes when they also have no first hand knowledge of what the details are of the contracts alluded to in various press releases. I have been a shareholder and may be again. I continue to be interested in PYR and follow the discussions as is my right. If I read passages that refer to me, or positions I've taken, I may respond. If I read statements I feel are wishful thinking I may respond with facts that show these statements in an objective light.
Kongratulation wrote: This is what is so funny about basher, they present as facts whatever support their points of view, but refute all other points of view...
Not long ago basher claimed that the contract did not exist and it was all a big fraud...
Now you are claiming, without any knowledge of the details of the contract will not generate enough free cash flow to cover operations... and you base that claims on 2019 results
You know full well that 2019 performance will not really include the benefit of the contract...
Bytheriver wrote: Hi Auntie Ron... I'll consider getting excited if PYR should transition to profitability. I'm over press releases and stories that propose great things but as yet haven't delivered. The audited full year financial statements were published Apr 30 last year and if that's the date this year it will still be a few months before we know the actual PERFORMANCE for 2019. Since the 9 months ending Sep 30/19 reported a consolidated loss of over $4 million, and no substantial revenue was reported yet for the 4th quarter, and expenses likely were incurred for the Drosrite deal, it's unlikely 2019 was the breakthrough year hoped for. If deposits are received in dribs and drabs (not the originally Oct 9/19 reported $6.4 million payment in 2-4 weeks) we won't know until that quarterly report is filed to know if these monies just covered expenses to date. I sincerely hope PYR turns it around, becomes profitable, and all stakeholders make lots of money. If a press release is issued confirming payment(s) have been received the share price will probably react positively but we won't know until the financial statements are filed to know if the (assumed) profits from that contract are enough to make up for the expenses incurred developing the various other technologies. I'm still interested and hope to see the company de-risked.
Uncleron wrote:
I'm sure bytheswamp & good4nothing ect are going into full hysteria mode after reading this article. 6 huge markets for the QRR Si , so far ! 10% royalty + machine builds + parts + maintenance profit for ever and ever. EACH of hese markets are worth BILLIONS $$$ which should generate revenue in the BILLIONS $$$$$. This is only for the QRR business ! Once the dross, AM powder , waste disposal , PWADS , PCWADS , all become main stream business we will have a very wealthy company , a real BLUE CHIP COMPANY. Don't pay any attention to the chicken little bashers , take this opportunity to load-up on cheap shares before the SP takes the big leap into the dollars $$$$ per share . You can take this TIP to the bank. Cheers.