RE:PatienceGreat post Elderstockman. I have every confidence in Peter's approach to negotiating with Client A. He could have probably sold or leased many torches to them now at the lower price point, but instead chose to sell a single torch so PYR could
demonstrate to the client the many added value benefits of the torch. If Client A took a 'show me' don't 'tell me' stance, then Peter's tactic to slow down negotiations until Client A could observe the added benefits with this first torch should pay off dearly in the long haul with a higher torch price for the hundreds of torches they'll need to convert their plants as well as a higher price for all future clients. Yes, I agree they are still in the "slow is smooth" phase and Patience is needed, but's it's still all good! I anticipate a very large lease order for torches from Client A sometime early 2021.How this all effects negotiations with Clients B & C, not sure, except they know the price that the first torch was sold from the NR. I'm sure Peter has negotiating tactics for them as well. I have faith, Peter knows what he is doing!
Elderstockman wrote: I have followed Pyrogenesis for about 6 years. My DD says that this company has potential for huge upside. I agree with Peter that " slow is smooth and smooth is fast ". I also agree with the quote " the stock market is where money is transferred from the impatient to the patient ". During the slow is smooth phase its easy to see the impatience of some traders, although they don't want to be caught without a position when the smooth is fast phase hits as the share price could rise quickly. That could happen at any time although it may or may not be "imminent'. Just saying