Pyrogenesis Canada Inc T.PYR

RE:Has anyone here even read it

[BCONTVentures]

Great post by @Brodeur9 (from ceo):

@Brodeur9 @Jpvwxyz @Djoko To begin with, we should already point out that $PYR is not bankrupt, nor towards bankruptcy. Many simple and simplistic commentators offer half-truth views with the aim of confusing and misinforming. They know that few people have sufficient accounting or financial knowledge. To help, here are the liabilities (including debt) of Pyrogenesis:
We are talking about a little more than $5M in debt with a creditor, which is very little for $28M in assets and $31M in liabilities. We are talking about a company with a project pipeline of highs economics and technologicals values added which could in due course GROWTH, or FINANCE through debt or capital. Other liabilities cannot lead to bankruptcy in themselves. The most important is ''Billings in excess of costs and profits on uncompleted contracts'' So work to be done... not a monetary debt.

That being said, HPQ holds the patents and will be able to maintain their development. Good news? In the event of a far-fetched bankruptcy, some will lose their jobs and will be able to keep the job for which they are qualified with $HPQ... it would even be exceptional to obtain talent so easily to manufacture things ourselves! PYR's profit margin would come back to us!

Personally, this would be news that I would welcome, especially since we have reached the commercialization stage which follows the long and expensive R&D process!

Finally, a simple reminder that it is good to do your due diligence and invest while respecting your risk tolerance. The phase we are in is the most profitable for investors, but also the most risky. But I still find it absurd that it is so discounted. Especially since the projects (QRR and FSR in particular) are largely de-risked.

@BCONTVentures Also, keep in mind that the $8 million (US, approx $10 million Canadian) that Radian owes to PYR is expected to be paid/received in full during Q2. #PYR #HPQ