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
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
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 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.