RE:If you're wondering why the stock is leaking It's funny.... How did your xbc financials analysis go for you? I'm not saying you're incorrect about the potential need to raise money in the future, but I don't know if you truly understand how little credibility your little nickname has...... Best of luck while accumulating here!
tamaracktop wrote: Go to SEDAR on Google
Type in Search for Company Documents
Type in Pyrogenesis
Look at the most recent financial statements
There they are. The bare-bones financials, not muddled with optimistic projections from management or any boasting of what the company has accomplished.
Look at the balance sheet, specifically the liquid assets and the company's cash position.
Pyrogenesis must be running out of cash.
They pretty much have to be running on fumes.
You better hope they do a secondary offering soon, before they have to do it at a buck.
Sorry to post some hard facts.