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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Post by tamaracktopon Apr 09, 2024 12:54am
137 Views
Post# 35978202

7 months ago today, at 83 cents...

7 months ago today, at 83 cents...Sound familiar?

It's equally applicable today in many ways, only worse:

Comment by tamaracktopon Sep 09, 2023 4:04am
119 Views 
Post# 35627426

RE:RE:Disappointing

Unlikely may pyrogenesis shareholders are relaxed these days.

The AMF is seeking to have the CEO of the company banned from being a director or senior officer of any publicly traded company for 5 years.

Same for another board member. 

There were only 4 on the board when the transgressions occurred. 

There may as well have been one.

There still is just one. 

The CEO. 

The stock traded at a low it hasn't seen in over 3 years today. 

I put it's working capital at about negative $2.8 million today. 

The company owes more in the next 12 months than it has available today.

The CEOs family trust had literally been selling up to 50k of shares virtually every day for many months. 

Long stretches of selling every day for weeks.

The company has negative working capital and its recent quarterly revenues in the last 4 quarters are down about 30%.

But the CEO has far more supporters here on Stockhouse than he does people pwho think the stock is a joke.

It just goes to show that the vast majority of people would do anything to avoid admitting they made a mistake. 

Right to the end.

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