Pyrogenesis Canada Inc T.PYR

RE:RE:Peter - Overpromising and Underdelivering

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Seems hard to ignore the fact that this stock has lost half it's value since September... yet somehow that is framed as 'over delivering'...  Words a paid shill might utter and a true believer would believe 

Olderguy1 wrote: Excellent post. Right on the money. Could not agree more. Peter and his motor mouth has let the company and stockholders down.

TheCleos wrote: As a stock holder for several years, it is my opinion that Peter has consistently and repeatedly overpromised and underdelivered.  If iron ore was the first time then that would be one thing. However, he has repeatedly over promised (certainly in terms of time frame).  Unfortunately he has not benefitted from past mistakes in this regard. 

Powder (flows like water, low cost producer) - Peter definately wanted to create the impression with investors that the powders would sell itself based on quality and cost.  NOT.   Not seen anthing in terms of sales. Can only imagine that the competition has been getting better these last couple years. 

Drosite.  Had a big sale, but that was it.  Again Peter was suprised that prospects did not want to buy his tech that they would rather lease. Well now that Pyro has figured that out after many months ...where are the other leases.  Peter said the first to customers that purchased drosite would need more systems. Heard anything?

Peter clearly tried to create the impression that huge things would happen this year with respect to iron ore.   He succeeded.  Unfortunately a lot of investors have to date lost a lot of money as the stock has dropped.  Yes I know. You don't loose money until you sell.  Well guess what many retail investors don't have the stomach to hold when stocks tank.  Peter should know this.  

Would not be surprised if prospects are using Peter's PR and rising stock price against Pyro ..knowing that Peter needs to sell something soon or it will be big disapointment for investors.

Peter has not learned to keep opportunities in his back pocket so if Plan A does not work out he as a Plan B so that the stock does not tank.  He has not learned this.  I think investors should take note of the disconnect between what is Peter promotes vs. what actually happens.  I believe it is a big problem for him.  

Finally, I do not believe that Peter has ill intentions.  I do believe that he gets caught up in the hype and wants to look good with investors.  He has alluded to his in so many words in the past.  I have to believe that if Peter was not 51% owner, the PYRO Board would have told him to put a lid on it and only make announcements when deals were in the bank.  In short, The way other CEOs do it.    

For the investors who don't like to hear bad things about Peter, I suggest you get over it.  If you can't see or appreciate the differences between Pyro' press releases and the actual results that have been delivered to date .. then..well I don't know what to say.  Ask yourself, when does Peter acknowlege that things take time and don'ty move quickly.   It is before delays happen or after.  Seems to me he never says this upfront early on in the journey .. only after there are delays and investor disapointment.  I never heard Peter say early on that it was actually better for Pyro to sell just one torch to client A rather than selling hundreds for millions of dollars.   He is saying now.