RE:Book ValueGreat post Melida, and with PyroGenesis, each of their business lines/divisions is built on their core plasma technology. This is what smart companies do, innovate and expand around the core.
Keep in mind that PYR has some of the most plasma expertise under one roof, a number of PYR's employees are scientists and engineers.
Melida wrote: The balance sheet of a going concern does not account for assets created by that going concern. Example: all the patents created by Pyro are not included in assets on the balance sheet.
Book value is the price that an asset has purchased for. It is not the FMV of that asset.
Not relevant to try to ascribe a value for Pyr based only on the balance sheet and income statements that don't illustrate future prospects or the value of assets that have been developed by the company