Pyrogenesis Canada Inc T.PYR

Leasing

[BarstoolSage]

Not sure why the share price tanked on this news. There was a general "covid decline today" but leasing is good news

Maybe some thought it would be too capital intensive, ie monies are tied up in leased assets, but that is not how it will happen

The torches will most likely be sold to a financial partner who carries the lease. That is how most companies that do not have a leasing division do it. 

So they will collect 100% of the sale price up front and the leasing company will take it from there

[sandysouci]

GOOD POST -- READ THIS PEOPLE!...

[fdfd12]

You are not sure why the stock tanked? I will tell you. The stock tanked because everyone on this board were waiting for a 100 torch order and they got a quote for 4 torches. IS THAT CLEAR!

[Stubbyinsider]

Actually nothing has changed. Last I read, nothing yet....so chill out and look at the long term ducking positives.

[fdfd12]

How come nothing changed? The 100 torch order went down to a QUOTE of 4 torches. I repeat a QUOTE. You don't think that has changed?

[Stubbyinsider]

Do my brain a favour a actually read the PR. Thanks.

[sandysouci]

fdfd12: you're starting to lose it my friend... you need to shut off Stockhouse... then find a quiet place, and actually read the news release carefully... it appears you are really mixing up clients here -- whether innocently or on purpose -- and in the process spreading misinformation and confusion...

[rainorshine59]

Just to correct you, there never was 100 torch order in the first place...that was just a speculation on this Board based on the gross size of some of the companies that PP said had 'expressed interest' after the LKAB results. There was a total of 0 confirmed orders before...just like today. Except that today PP said that there was an RFP to supply a total of 4 torches. Let's use

[fdfd12]

Everyone on this board called for 100 torches. I said no way but they all screamed at me. They said they need 100 for their projects. Also each torch would be $3M US each. Most probably, if sold, they would be squeezed to mcuh less than $3M.

[Qtrlbder]

ok, you GUESSED it right this time, don't act like you actually know. Anyway, still good new, because companies are actually ordering. This is just the beginning.....!

[sizzlingbeef]

Actually, fdfd12, not everyone is expecting 100 torch deal from deal #1. or #2 or #5.  I was expecting uplist news to be honest. Thats why I was moderaterly disappointed -not because of the content of the release, but the fact that it wasnt uplist or Q3 results which are anticipated any day now.  Im just following the story because I like what pyro is doing and I think its fun and I

[fdfd12]

I am upset at everyone on this board who promoted 100 torch contract. Now they get a QUOTE (not a sale) for 4 torches and they act like it is great.

[sizzlingbeef]

They will sell 100s of torches. Do you think that will happen overnight? Ive been long for years. Do you know how many times I wanted to sell? Boy am I glad I didnt. Learn about your investments and their timelimes. Dont read "boards" to understand. Notice how Ive posted maybe 3-4 times ever. I get on here for laughs when news drops. Do your DD by reading about the science and the

[Peacefultrader]

Please do not confuse ppl. Those are 4 torches for testing. Not all they need. I feel you have the problem with independent critical thinking capability. The sizes of this industry can eat matters not the initial testing size. Day trading guys like 100 units PR one day and cash out to catch other company good PR. In long term, do it matter? If it tasted good, they will keep buying or leasing until