Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

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

Pyrogenesis Canada Inc > Stock split

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Comment by Welderkev1on Oct 12, 2020 11:44am

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Post# 31704191

RE:RE:RE:Stock split

I don't really see an issue with liquidity the smaller float makes the shares worth more just look at shopify, $1100 sp with 110m shares out

CndnBacon wrote: Actually, I was thinking about PYR being considered a "Low Float" stock, and Peter controlling over 50% leaving only 70m shares and rhe TSX not particularily fond of low floats......by issuing a 2/1 split, the float would double to 140m and would definitely improve liquidity, and Peter would still own over 50%.....I certainly wouldnt by upset if at $10+ I wound up with twice as many shares at $5+...we all know where PYR is going over the long term...

vers1demainvert wrote: Peter has often talked about spinoofs. I wonder if that would replace the need for a stock split.

A spinoff is the creation of an independent company through the sale or distribution of new shares of an existing business or division of a parent company. The spun-off companies are expected to be worth more as independent entities than as parts of a larger business.1 juin 2020

Spinoff Definition - Investopedia

OTChawk wrote: Since Peter knows how the stockmarket works, I think that after we have listed to TSX and Peter has announced the torch deal, he will split the stock 2-for-1 or 3-for-1. Why? Because it´s obivious that we need more liquidity when things are going to get real . This quote is straight from investopedia: "
"A stock split is when a company divides the existing shares of its stock into multiple new shares to boost the stock's liquidity."
Thoughts?