MidtownGuy wrote: Avoiding heavy mentions of HPQ is a risk mitigation strategy, and part of the whole structure of the PYR/HPQ relationship. It is intentional.
HPQ is set up as the separate entity that test runs the commercialization of potential products.
PYR specifically keeps themselves separate as a "contractor" doing work for HPQ, even if the reality is it's essentially a 100% PYR endeavour (technology, staff, physical location, etc).
Selling the IP to HPQ even further minimizes PYR's exposure while legitimizing HPQ (who, without the IP for Purevap, would be an empty shell).
Under this structure, if the HPQ product fails, it primarily effects HPQ, and not PYR (notwithstanding the value of the share ownership). If it succeeds, PYR moves in further with more publication of that relatinshiop, their share options, or stays where they are and enjoys the royalties.
In either situation, PYR can continue to roll out other product ideas to be trialed under HPQ.
But until commercialization of a final viable product is confirmed, and major sales begin, it remains better for PYR to stay on the outside as a contributor, rather than take the risk to its main business.
Finally, the battery powders and purevap process are under HPQ partly because they add more complexity to an already confusing and multi-faceted company that is PYR. It's just better for all that they exist elsewhere, rather than potentially get lost in the broader story that is PYR.
it is the concept of "unbundling", in full motion.
Yajne wrote: Agreed that the focus will be on the four 'verticals' that Peter focussed on in his SNN presentation. It just seems to me that they might tweak that presentation a bit to drop in a few words in the Sidoti presentation for their 'de facto' fifth vertical, especially since they are the largest part of Q4 eps guidance. Guess we'll see soon. 2021 is starting GREAT with Peter going onto the news circuit in advance of NASDAQ listing
canyousayiii wrote: Big boys will put HPQ on their "watch list". Without knowing names of partners or seeing many $ at this stage, they will not take the words of the two CEOs as a gimme. I think PYR needs to draw more attention on where their commercial or near-commercial products are heading. JMHO.