PYR CEO absolutely made the best decision this PFAS projectAs a long term shareholder I fully agree and support the CEO's decision to NOT comprimise or hand over the IP of PYR tech/engineering to the client. Only the FUD bashers are tryin to twist this into negative slant. Please re read key points:
"....Essentially, if we agreed to the Client’s demand, all the IP we developed in Phase 1 could be used by someone else in Phase 2. As a company who has invested decades in building its intellectual capital and assembling a team of world-leading experts, this was unacceptable to us on many levels, and not in the best interest of shareholders. It must be clear that we will always stand by our investors, and will not jeopardize long term benefits of the Company, no matter how good it might at first seem in the short term.”
"....the fact remains that PyroGenesis’ technology and expertise won a very competitive bid to destroy PFAS,” added Mr. Pascali. “Nothing can change that. The take-a-way is that it seems that using PyroGenesis’ plasma technology has a place in the destruction of PFAS. Sadly, we will not prove it out on this project, but rest assured, we are, as we speak, pursuing similar opportunities in the USA.” PFAS to me was always a bonus side project. I am more focused on of upcoming catalysts such as
Torches SAT before month end..next few weeks by Client A Vale. Drosrite JV residue plants and tolling and powder plants in Europe
3D Titanium Powder News on the Aerospace company for the Nextgen metal powder Q4 2022- Q1 2023
News on SI Nano powder $HPQ and guideline plus QRR 3-4N Si update
Remember at least one thing :
Long and strong PYROGENESIS PYR can do things either no one can or incredibly w dominance much better.
Their patents and proprietary tech that will IMHO absolutely dominate their targeted industries.
DROSRITE , TORCHES, PUREVAP, MILITARY WASTE DESTRUCTION, 3D POWDERS ETC can and will be incredible.
Pyrogenesis is finally at the doorstep / launch pad of breaking out to the world. Virtually of the divisions have been validated and are being scaled / commercialized...day by day more and more derisked.
The world is going green and PyroGenesis proprietary tech is going to be at the forefront in many many industries. I've never been so excited as now.
Long and strong PYROGENESIS and $HPQ