Good things are about to happen... HOLD ON TIGHT!With today's NR regarding stock options.
It is most likely that this was the final piece of internal Pyrogenesis business to wrap up for Peter before he takes PYR for the Uplist to the TSX. It was time to take care of the employee's futures as well. Keeping highly educated and trained employees is what builds a sucessful business. And showing loyality goes a long way. The announcing of completed contract sales will elevate the stock price over the remaining portion of Q3, so all of PYR's people will prosper
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Remember we can expect some major contract announcements for Induction Torches, US Navy, Drosite, Powders, or Tunnel Boring by the end of Q3. This is anytime within the next 10 weeks! And these deals are for potentially multi billions of dollars.
The SP has been climbing consistantly based on a solid business model including product and process patents. To have these in place, when major polluting industries like Iron Ore Extraction, Steel Making, Cement, Etc, need to lower their GHG's and energy costs? That's almost perfect timing. And that is what taking this company out of the R&D Phase and into the Sales and Production Phase.
In my opion, past financials do not have any bearing on the direction this company headed except showing a steady hand and growing a business in tough times. R&D is not cheap, especially with a high tech product like Plasma Torches, I'm sure.
The customers are lined up, the product has been proven to work by the RISE Project and ongoing modelling contracts. Just need a signature on the dotted line.
Sounds like a pretty decent invetment here...
Hold on to your shares tight, they are many that want them NOW!
Long and Strong PYR!