RE:RE:RE:PYRNo, it is not straight forward. The client B as I recall was believed to be on a similar scale to A. So why only 4 torches being quoted. How long to install? How long till they are satisfied and will ramp up their plants with the real sales? Is this for sale or lease? Peter doesnt say, as usual. Up until now, the expected torches were expected to be sales. Now it seems that leases are the primary agent. That is not necessarily a bad thing in the very long term, but it changes the revenue expectations dramatically, and short to midterm EPS dramatically.
Nosleep wrote: SmiteWorx wrote: I agree, this IMO is borderline manipulation IMO. My opinion only, but possibly with the uplist coming, real investors have started asking real questions. And Peter has realised he now has to put the real cards on the table, or if the big boys got in, and learned later it was leasing deals, there would be real lawsuits with teeth for the misinformation he has spread to date. Now, I am not against leasing. It does have good longterm prospects, possibly even better then outright sales like we have been led to believe. Problem is that changes the investment horizon from a year or two for sales to ramp up, to lease income spread over 20 years. There are other things I can do with my money in the mean time. I am out.
fdfd12 wrote: 1) Peter needs a CC to explain all this.
2) Also you can't release a PR during market hours that will influence
the stock price this much. This should have been halted or done after hours.
For them not to do so shows me that they really have no idea what they are doing!!!
3) What the heck does this mean? Is this English?
"Client B has finalized their modelling contract, and like Client A, has moved to contract negotiations and requested a quote for an initial order of four torches which we have recently provided."
If they have provided 4 torches, then why do you have to request a quote?
Did you deliver the 4 torches or is Client B asking for a quote fo 4 torches?
Also if they are asking for a quote, then you really haven't sold or delivered 4 torches!
What the heck is he talking about?
they requested a quote for four torches, the quote was then provided by PYR. Pretty straightforward.