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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. The Company 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... see more

TSX:PYR - Post Discussion

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Post by fdfd12 on Nov 12, 2020 8:09pm

PYR

1) Peter needs a CC to explain all this.

2) Also you can't release a PR during market hours that will influence
     the stock price this much. This should have been halted or done after hours.
  For them not to do so shows me that they really have no idea what they are doing!!!

3) What the heck does this mean? Is this English?

"Client B has finalized their modelling contract, and like Client A, has moved to contract negotiations and requested a quote for an initial order of four torches which we have recently provided."

If they have provided 4 torches, then why do you have to request a quote?
Did you deliver the 4 torches or is Client B asking for a quote fo 4 torches?
Also if they are asking for a quote, then you really haven't sold or delivered 4 torches!
What the heck is he talking about?
Comment by SmiteWorx on Nov 13, 2020 9:46am
I agree, this IMO is borderline manipulation IMO. My opinion only, but possibly with the uplist coming, real investors have started asking real questions. And Peter has realised he now has to put the real cards on the table, or if the big boys got in, and learned later it was leasing deals, there would be real lawsuits with teeth for the misinformation he has spread to date. Now, I am not against ...more  
Comment by Nosleep on Nov 13, 2020 10:14am
  they requested a quote for four torches, the quote was then provided by PYR. Pretty straightforward.
Comment by SmiteWorx on Nov 13, 2020 10:20am
No, it is not straight forward. The client B as I recall was believed to be on a similar scale to A. So why only 4 torches being quoted. How long to install? How long till they are satisfied and will ramp up their plants with the real sales? Is this for sale or lease? Peter doesnt say, as usual. Up until now, the expected torches were expected to be sales. Now it seems that leases are the primary ...more  
Comment by Mattboy on Nov 13, 2020 10:49am
It doesn't change this investment at all. You need to understand how leasing works. Pyro gets paid upfront for the torches being sold they are not out any money nor do they get monthly revenue. They may however be able to sell the torches at more of a premium based on leasing.  The leasing company carries the lease and make their money offering the lease and making a commission on ...more  
Comment by canyousayiii on Nov 13, 2020 10:51am
I don't think you understand how this works. Peter is clearly seeing leasing as providing ongoing recurring revenue, so you may rethink your wording about "Pyro gets paid upfront for the torches being sold they are not out of any money nor do they get monthly revenue".
Comment by Mattboy on Nov 13, 2020 11:22am
Agree to disagree it seems nobody knows exactly what is in store for the lease agreements as well as monthly recurring revenue that he speaks of. As it sits normally speaking a lease works the way I have stated but maybe he has something up his sleeve.
Comment by Mattboy on Nov 13, 2020 6:11pm
Just an FYI here is peter response on agoracom... Dear KingScorpion, By offering a leasing option we expect to increase the pool of potential clients. We also expect to make more money if this option is chosen. We will not be increasing our sales force through the leasing company’s sales force. It would just be the back office for a sale…just like when you lease a car…you walk into the show ...more  
Comment by canyousayiii on Nov 13, 2020 8:08pm
In another post he said they get the money the same way as a direct sale but they also get a cut from the lease. This is very confusing, especially when he talks about the benefits of recurring revenue. So through a lease they get $3 million for a torch upfront and then there is some small percentage over the life of a lease? I would say no, and I think he has a lot of folk confused with this ...more  
Comment by Mattboy on Nov 13, 2020 9:00pm
Just a guess but I would imagine there would be a lease price for torch and a cash price for torch. Buy more get a better deal. The lease one would include the lease companies cut and likely a bit of a higher price for PyroGenesis as the purchaser will pay a premium to lease.
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