How bad has Agoracom gotten? They deleted this post. I suppose since I do not pay to pump the stock, this is what you get from a site that takes money to pump. How sad.
"The reason for terminating the original contract does not match the original reason why it was cancelled back in 2022, in this press release today. I find that odd but suspect many here do not and that is sad. Integrity matters to some.
https://www.wate.com/business/press-releases/globenewswire/8661234/pyrogenesis-announces-that-the-negotiation-for-the-land-based-system-to-destroy-pfas-contract-has-been-suspended-and-discontinued/
"On October 28, 2021, it was announced that PyroGenesis, after a competitive bidding process, had been selected to provide its plasma based thermal process equipment in a two-phase project geared to providing a land-based system to destroy PFAS. The first phase was to provide pilot testing. The second phase was geared to a full fabrication, furbishing and commissioning of a fully commercial land-based system.
“This decision was made because we remained firm in our decision to not compromise nor hand over, to the Client, the intellectual property (IP) which we would have developed in Phase 1,” said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. “Furthermore, after continuous negotiations, it became clear that there was no guarantee that we would be granted Phase 2. 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 incredulity of the level of disingenuous demeanor is just breathtaking.
https://www.globenewswire.com/news-release/2023/09/12/2741538/0/en/PyroGenesis-Signs-2-25-Million-Plasma-Torch-Contract-for-PFAS-Removal.html
"PyroGenesis previously announced its involvement (Press Release dated October 28, 2021) in this very same project before subsequently suspending and discontinuing discussions (Press Release dated October 7, 2022) as, at the time, the project did not align with the minimum requirements of the Company’s global strategy. "