Pyrogenesis Canada Inc T.PYR

Factual numbers

[StairwayTo]

The only factual numbers we have is from the CEO himself, which is Q3 eps of $0.06  and year end forcast at $0.11  (leaving $0.02 for Q4), which is concerning to me. Some of you mentioned that a contract would not generate immediate revenue, I agree, but it also means that if a x amount of torches are to be signed by end of Q3 or thereabout, it would take more then 3 months to deliver and book revenue, even for 1 torch. I thought it would be a faster process.
I'm affraid Peter does not anticipate additional revenue for the remaining of the year, does it mean that 0 torche will deliver this year?

[kingscorpion]

And i think you are talking from your rear end stairway Weren't you a troll in the beginning then you started talking like along and now back to troll position What happpend did your stairs led you to hell instead

[jchoo04023]

Dear StairwayTo, I do not understand why you are selectively choosing messages. Yes that was in the report, but we were also informed by Peter himself that they were expecting to close down a torch order near the end of Q3.  Thank you, Jchoo

[MaxlRose]

If I remember correctly, there 's a thing called  ''percentage revenu recognition'' or something like that. First time I read it, an iceberg came to my mind. Hope that helps   

[StairwayTo]

Yes, heard of it, even more concerning, is that there wouldn't be any revenue recognition either in Q4

[CountryChic]

I don't think it's fair to assume there will be limited revenue in Q4. In the Q2 financials guidance was clearly given for Q3 and one could extrapolate the Q4 numbers with some basic math. However lots can changed over the course of a day, week or a month as contracts get signed and projects get completed. I would predict by latest mid November we have the Q3 numbers with final guidance

[EveryDay]

I'm fairly certain, that no matter how likely a signed contract is (by the end of Q3), Peter would not release those numbers as expected revenue. Is not guaranteed yet (as said in his last torch release), so no good CEO would report that as expected. I'd assume the expected EPS is based on already signed contracts or expected payments from drosrite, etc. Anything above and beyond already