CEO Peter Pascali commentary regarding spin-out and uplistThis is from Agoracom . I like the msg I read into it which is things are moving along well on both spinout and uplist.
Dear Mr Pascali:
First I would like to thank you for all the hard work, you and your team have put in and continue to do. I would also like to thank you for being so accessable to shareholders.
I was wondering in light of the recent climb in sp and public exposure of pyr, has your previous guidance of when an uplisting or spin-off might occur, changed?
Thank you
Peter's response
Dear Positive Thinker,
Thank-you for posting here.
With respect to the guidance we supplied in the past on the topics you mentioned I must admit I feel I should tread carefully as several people were disappointed in the delays in fulfilling that guidance.
Suffice it to say that it makes eminent sense to do both in due course and the take-away should be that these are considerations that are always front and center with respect to strategy at PyroGenesis…that was meant to be the key takeaway when such was announced originally.
With respect to the question you ask, and recognizing I must keep within what has already been announced, allow me NOT to answer your question like this:
A) These are still two strategies embraced by the Board; nothing has changed there.
B) If you think that an increase in share price and public exposure has eliminated some of the hurdles in accelerating the strategies mentioned, then I would suggest it might be reasonable to assume these strategies might be accelerated.
C) If on the other hand you think that an increase in share price and public exposure has not eliminated some of the hurdles in accelerating the strategies mentioned, then I would suggest that it might be reasonable to assume these strategies might not be accelerated.
Not sure that helped, but hope it did somewhat.
Peter