Pyrogenesis Canada Inc T.PYR

Once in TSX ...10 Bill Cap $80 per share

[PaulArchos]

Once it will apply for TSX .....1 Bill Cap

With in 2 years .....5 Bill Cap

5 years.... 10Bill Cap

$80 per share in the next 5 years

Relax and enjoy the ride

[humbleguy13]

WOW! Yes the "potential"  looks great but lets look at the forecast for next quarter. Management Guidance for Q2 2020 Revenues of $2-2.25MM are expected in Q2 2020, Management expects that Q2 2020 and the six months ending June 30, 2020 will be profitable. This is with a signed contract that is guarenteed 25 million of revenue in the first year ....somehow the math just

[Kleptocracy]

Something I posted awhile back... I'm not an accountant and this is a new thing for me. The following is a statement from the MD&A "Percent complete revenue recognition in our major projects, which is the revenue recognition method we are mandated to follow by GAAP, is such that it is not linear, but exponential, and as such Q1 may not have reflected the results one might have

[humbleguy13]

No, revenue has to be reported as revenue.

[humbleguy13]

The contract should have produced approximately 6 million in revenue in q1 or at least in q2... Q2 results should be interested...

[Kleptocracy]

This is the news release on the first payment of the Drosrite contract. https://finance.yahoo.com/news/pyrogenesis-announces-receipt-first-payment-170116154.html 1.44M in the last week of march and then there was another PR confirming the 2nd payment at the beginning of Q2. There was another one I can't seem to find talking about payments weekly were expected after that. So probably Q2 was

[developbc]

Yes you are correct : Percent complete revenue recognition in our major projects, which is the revenue recognition method we are mandated to follow by GAAP,[NOTE Very important as this is shown as a liability...Billings in excess of costs and profits on uncompleted contracts  is as stated. Percentage completion -Accounting anomaly whereas collect faster than work completed but IF

[vers1demainvert]

Very possible. If you take the sum of all divisions and of course the pelletization plasma torches which could one day go well beyond the most fanciful numbers quoted on this board. Will be having to name them other than by letters of the alphabet.