Pyrogenesis Canada Inc T.PYR

Chain of events.

[Olderguy1]

Here is a possible chain of events I foresee :
1. PYR gets a nice size torch order from Customer A, B, or C.
2. The stock price goes up.
3. Peter sells his own stock to satisfy the TSX listing requirements.
4. PYR is listed on the TSX at around $8-10 per share.

Here's hoping. Cheers. Let's see.

[canyousayiii]

How does Peter's sale of own shares make it into the company? He sells the shares on the open market or finds a buyer and then he buys shares from company treasury? So, we get diluted even more? Let's make the shares really unattractive for institutions to buy and then we will wish we were back here. Sheesh.

[Olderguy1]

He arranges with the TSX to allow his founders shares to be sold to the public in lieu of new equity. The money from the sale goes to him, but the TSX allows it as proof that the company can sell shares by prospectus and proof there is a market of sufficient size for the company's equity.  

[MidtownGuy]

It's just one of many scenarios and unlikely, frankly, given all the ways they could raise the money. They have to meet a treasury criteria of $5million via issuance somehow, unless they get an exemption. All uplists have to do it. It's nothing exceptional. It's a drop in the bucket. PYR is massively, massively, massively under floated, so any additional shares would hardly be a

[Olderguy1]

The shares are sold by prospectus through an investment broker, but the shares sold are Peters shares rather than newly issued equity so the proceeds go to him and there is no dilution.

[canyousayiii]

he can sell his shares any way he wants as long as he properly files and respects blackout periods. But his shares and his money, how do you figure it goes towards satisfying tsx liquidity requirement?

[claudemc]

Most ludicrous post I have ever read on SH… ever… clearly you’re smart enough to be able to write and post comments so you’re smart enough, which is not saying much, to realize how utterly absurd your post is, yet you post it anyway which in effect makes you possibly the dumbest poster in the history of SH posts.   With all due respact since I do not know you or your situation and you could

[therealmccoy]

Well said claudemc! Olderguy1, you have posted some junk here before, this one is one of the best. Hard to think that you are really that old and still so dumb.  Might be time to take down your fake profile picture (do the equitable thing here) and tell us your true motives.  Time to eat chips Olderguy1!

[Satxxx]

If Peter sells his own stock, that money goes to Peter's pocket and not to the company's treasury which is where it is required for the listing.  The company will offer shares to the public most likely to secure the dollars required to list on the TSX.

[MidtownGuy]

Hmm, right. Though he has plenty of warrants that add up to more than enough. I don't know the technical details, or whether it's even allowed, but perhaps he could transfer the warrants he's yet to exercise back to the company, that way they never reach him, and are basically turned over to the buyer. But you're right, the company likely just offers shares to reach the amount

[rainorshine59]

Once the Treasury is beefed up with the first downpayment for client A, PYR can proceed by way of AIF See Below LINK TSX Graduation Sheet The TSX Listing Application has three main parts: 1. PRINCIPAL LISTING DOCUMENT Prospectus or prospectus equivalent documents such as: Annual Information Form; Prospectus; Annual Report for U.S. issuers using Form 10K; Annual Report for Foreign

[Satxxx]

An AIF is an equivalent to a Prospectus.  It says so in the Principa listing document..

[Satxxx]

Be reminded, warrants are exercisable into shares for which the exercise price is pre-established.  Ownership of warrants is via an issuance by the company or via the market.  Warrants are not exercised if they do not provide a gain and are allowed to lapse. Otherwise, they are exercised.  So, returning warrants to a company essentially means no transaction takes place so shares

[Qtrlbder]

Get out

[therealmccoy]

Come on Satxxx, give it a rest.  Are you buddies with Olderguy1?  Anyone could have copied your post below from wikipedia or the like.  Useless dribble here. Now, be reminded to eat chips and leave this board.  Take Olderguy1 with you too!

[Satxxx]

I did not copy my 'dribble', as you said, from anywhere.  Find it from anywhere, it would not be a challenge for you based on your post.  Find it, it's your word at stake.

[Qtrlbder]

yo jackass, how about your daughter's fund? Why are you still posting on this board. GtFO.

[Satxxx]

I did not know that any fool like you owns this board.  Send evidence of ownership and I will vacate it mostly because you are such a numbskull.

[sandysouci]

Satxxx: not sure why you are here... clearly, PYR stock is FAR, FAR too "risky" for you, and you will never actually buy any, so why waste your time, and our time by posting here?... makes zero sense for all of us, and this board is polluted enough as it is...

[Satxxx]

That's not true Sandysouci.  I do like the business PYR is in.  But to reduce risk. I'd like to see money that is not evident in the company.  Then risk will be reduced and, funds permitting, I will acquire shares.  Part of my investing strategy is to acquire shares in good businesses such as PYR.  But most of my stocks are known names such as AMD, CRWD, IMMU (just

[developbc]

You better cover your short position asap.   Your feeble attempt to spread lies and twisted false information is stock manipulation..which is highly illegal.    Long and strong PYROGENESIS 

[Breizh1]

Ye, right ; stock manipulator! I agree. It takes one tp know one as they say.! Snake!

[fdfd12]

One thing I would like to add, if you guys think that the deal will be for 100 torches, that is $3M US for each, then that makes a sale of $300M US!! They have only $5M right now. How will they come up with the money to make those 100 torches? I assume that it must cost them maybe $100M to make them for a profit of $200M. They would probably issue serious shares to get the money.

[kjs4381]

If you had done your DD you would know that PYR has already worked that out with suppliers.

[vers1demainvert]

Fdff, stop posting such total nonsense. If you had done even the strict minimum of DD you would have the answer to your questions. Your motives here are very, very suspicious, you seem to always want to sow doubt. Why is that? I think we all know the answer.

[fdfd12]

Sorry but not trying to cast doubt. I am seriously asking how? I have not done my DD I guess. This is a forum to share info so please tell me what have they discussed with the companies?

[Duke101]

When PYR  receives an order say 100 torches a contract would cover deposit and delivery time Example. Deliver 10 torches@3M = 30M @25% deposit = 7.5M .At 55% profit is 1.65M per torch

[fdfd12]

Thanks Duke. At least you have the decency to answer to us who do not know. I was thinking of a deposit was a possiblity.

[Casavantsghost]

Anyone with any simple investment prowess understands the iron ore companies are pumped in the capital preservation war against draconian Government regulations. Pizzimg money out the window for carbon taxes doesn’t excite them much. These iron ore companies are frothing at the mouth for this technology that will in the end, allow them to KEEP that money. This technology that they want YESTERDAY,

[Satxxx]

What lies and what false information?  I do not have a short position on PYR.  The only company I ever shorted was TESLA.  This was its first attempt at $1000.  The short lasted 2 or 3 days and I was US$2.3k richer.  I am just trying to enter PYR when the risk is a bit lower.  That's it.

[fdfd12]

Let me tell you, there is no better time than now to enter. This is capable of being $200 in 5-10 years from now. It has that much potential and on this board, they call me a basher.

[fdfd12]

When it hits $200, it really didn't matter if you bought it at $4.20 or waited and got it for $3.50. Not much difference.

[ArnoldLayne]

20% is still 20%. Agree to disagree fdfd. For a less risky entry point, I'd suggest to buy after torch contract announcement. A lot less risky without speculation but you'll pay a hefty premium.

[fdfd12]

If it is a 100 torch contract, then the stock may open up in double digits. Then it would be too late.

[ArnoldLayne]

Again , agree to disagree fdfd. 100 torches it WILL open double digit and will NOT be too late. Otherwise you'd anticipate a collapse right after ? Its the beginning ! Wheres your 20$-50$ in 1-2 years target ?? Its coming :)

[sandysouci]

WATCH OUT FOLKS... I can see that fdfd12 is playing his "good cop" game now... suddenly all bullish with very high price targets, and everyone's friend... but you wait and see... he will suddenly turn on PYR, just when it might do the most damage... he is a snake in the grass lying in wait -- NOT TO BE TRUSTED, and best put on ignore...

[fdfd12]

Sandy keep quiet. I think PYR has great potential but not $100 by December 2020. $10 is possible and by next year, $20-$30 by end of year. Only inexperienced investors think this will be $20 once the order is announced. Those people will be very unhappy when order is announced. No way will it reach $20 even with a 100 torch order.

[ArnoldLayne]

Thanks for the advice, we are in freeland and one shoulf also question the motive of overprotecting anonym investors and pretending one's intention. This logic works on both side. Pumpers are dumping while telling you do not use stop loss etc etc. Stop paranoia I think fdfd isnt part of a organise short blah blah.. Lets keep it real !

[fdfd12]

Canyou buy a stock when you have been watching for months at $4 then it shoots to $12? People will say, I had it at $4 why should I buy it at $12.

[Mattboy]

Everybody has their own risk appetite and opinion. I personally believe as well as many others this investment has been extremely derisked and the reward far outweighs the risk. If you want to wait until such a time the company of which the ceo owns more tha half... that's HALF the shares raises cash then you will be leaving a substantial amount of money on the table by not investing now. To

[Satxxx]

Thank you for your response.  But I was not trying to scare investors.  The company needs money.  He can raise cash by issuing more shares; he can raise cash by going to the bank with an order in hand to provide collateral for the loan; he can go to the Canadian government for assistance with an export order.  These are ways I am aware of but whether the bank or the govt is

[sandysouci]

Satxxx: why don't you just BUY YOUR FLIPPING SHARES and be done with it... waiting for this to come lower now is a fool's game... yes, you WILL end up buying -- at $5, $6 or higher -- after a gap-up open... look at the chart, notice the recent cleansing of all weak shares (thanks to McWhirter and fdfd12), consider what we have been TOLD by the company is about to unfold (most likely

[Satxxx]

Sandysouci, don't shout.  I looked at the chart and it shows the stock trending down slowly with low volumes.  I will take a chance and let the stock hit the 100-day moving average but if it fails that test, it will trend to retest the $3.50 mark.  You asked so don.t be mad at me.  Meanwhile, any positive news will trump the chart characterristics.

[sandysouci]

LOL, I think you need to find another charting service!... recent action on the chart (all that matters) is NOT trending down -- at all... yup, you definitely should wait until $3.50... that's a very wise move... try to save 60 cents, but instead miss out on a sudden + $1, $2 or perhaps much more... once the next leg up starts, you will be far too afraid to get in, largely because you will

[fdfd12]

Sandy is right. It really doesn't matter $3.50 or $4.20 when it hits $100

[Satxxx]

I use BigCharts.  Look at the one month chart.  It certainly is not going up.  It  bumps off the 3.50 mark but later flatlines with a reduction of volume.  Reduction says investors are hesitant to buy at the price it is trading.  Meanwhile the RSI is flat lining.  I don't consider these behaviours positive.  And, yes, 0.60 matters since I would buy a

[Downtheline]

It was not long ago when it was trading 16 cents and I'm sure the chart was not too positive looking then either. Oh well, not everyone can snag hundo baggers like Unc.

[sandysouci]

you definitely have a glass-half-empty personality, that is clear... imho, "Reduction says investors are hesitant to SELL at the price it is trading..."...  this is a nice quiet time to buy, while the worst time is after a sudden rise... you could chase it like crazy then, changing your order several times in a panic, and end up paying far more than ever expected... and that'

[Satxxx]

Well. we don't see eye to eye.  A stock goes up under buying pressure and down under selling opressure.  Anyways, I buy into stocks with an input volume - 2K in this case,  When it goes up, I buy more.  I bought exro the other day - 3.5K shares.  Today I bought another 1K because I see the demand.  I sold my shares of MFC at a loss and used some of the cash to do

[Welderkev1]

Who wants to bet that next week exro takes a dive back down to $1.75 ? I see a classic pump and dump at play here.  

[sandysouci]

Satxxx: I personally think you are being far too rigid in the case of PYR... what are you, some sort of accountant or engineer?... #1. imho, PYR is currently trading $1.00-1.25 below where it should be, simply because of the Rob McWhirter + fdfd12 "debacle" on Sep-11... we have not fully recovered from that yet, but at least it served to de-risk PYR significantly and flush out 97% of

[Satxxx]

Thank you Sandy.  Actually, I did work as an engineer in the aircraft engine developer and manufacturer in Canada though I studied Physics at the highest level. You're a rich one!  The only stock which I own that has a cost basis of nearly US100K is CODX on the NASDAQ.  They are the most precise PCR test on the market so I refused to sell at US$30 and am holding.  AVG cost

[sandysouci]

ha ha, I knew about the engineer thing... apparently, engineers tend to make poor traders, because they can be too precise and think that everything can be figured out... sometimes true, but often not with stocks... sounds like you have learned to be more flexible and adaptable, which is key... looks like you have done very well... anyway, yes I have done alright and currently have some very

[developbc]

Actually there are bunch of engineers and tech experts that I personally know that are investors in Pyrogenesis bc they really understand what's going on...which is of course incredible.  Even some of the top posters here like MazerRR is a mechanical engineer who does lot of DD...so it's obviously very bullish on Pyrogenesis.

[sandysouci]

PS: here are my current HOLDINGS, in addition to PYR and HPQ... I always find it fascinating -- and sometimes profitable -- to see what other like-minded posters are doing... in rough order: PYR HPQ SONA EXRO KNR DOC GRA GSI AT yes, these are all Canadian which prefer for simplicity and lack of FX charges... I like -- and hold -- all of them right now, but of course that changes weekly

[Satxxx]

Thank you Sandy.  I see how you have become rich!  I will review those that I am unfamiliar with this weekendd. As to FX charges, yes it is too high but I have several ways of dealing with it.  The US market has a lot of stocks to choose from and that's why I am mostly there.  But I do have CDN stocks such as LSPD, BB, and BLDP.  BB as a dog for me and LSPD is , well

[sandysouci]

ha, ha well I wouldn't really say "rich"... but I guess I have done alright, but I believe NOTHING compared to several posters on this board who are well into the 7 digits of PYR/HPQ holdings (already)... all the power to them, and I fear they will do even better in the coming several months... feeling fortunate to have discovered both companies... yup, the USA sure has a TON more

[StairwayTo]

[sparky5]

what was that all about.....you deserve  the iggy..

[COMEwatch]

This post has been removed in accordance with Community Policy

[PteRoy]

Now this is how your short! The chart says, don't be mad at me, its the chart, its just the facts, you asked for it not me, im waiting because of the charts, the charts show its going down, not me its the charts. Oh and then a piece of hope at the end to say no no I'm not a shorter look I said this one thing after 30 bad things. See I'm a good guy just trying to help!

[sandysouci]

except, the risk has never been lower than right now!!!... so just BUY YOUR FLIPPING SHARES and be done with it... PS: boy, you had better be buying AT LEAST 50,000 shares to make all this fuss worthwhile...

[Oilminerdeluxe]

Or buy in increments instead. Should take care of any worries about share price average.