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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. It 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. Its... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > Pete stated clearly leasing will make much more $$$
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Post by developbc on Nov 13, 2020 10:25am

Pete stated clearly leasing will make much more $$$

Dear Octavius 

The quiet period ended with the conclusion of the financing.

As I posted elsewhere on this platform, a number of times, the only reason we decided to pursue this strategy was that we believe we could make a hell of a lot more money doing this. Really, nothing more than that…plus recurring revenue at that!!! Who wouldn’t want to rent something out, year in year out, as opposed to a one-off sale and then having to go look for a new sale?  

Just to be clear, clients A B and C have no issue in buying our torches should they wish to move forward. This strategy comes 110% from our desire to make more money; nothing else.

Hope that helps.

Peter

Comment by SmiteWorx on Nov 13, 2020 10:32am
Total revenue over a 10 or 20 year period yes. So if you are looking to hold this for 20 years to realise your gains, you go right ahead. This company needs to make ~$100M a year to become a $10 stock. At 4 torches a year, leased. This is a long way from that. Say $200K lease per torch (to pick a number...no idea what it really is), client A's 1 plant, at 50 torches per plant I think it was ...more  
Comment by Mattboy on Nov 13, 2020 10:38am
Your missing the point and aren't looking at it accurately. You are basing on 4 torches with no growth. Do you think any company started out by selling a million of one product or started small and worked their way up to selling multiple units. These torches are still virtually unknown in the industry and fairly young. You need to understand how leasing works. Pyro gets paid upfront for the ...more  
Comment by canyousayiii on Nov 13, 2020 10:43am
Wanting recurring revenue rather than a sale necessitating to find a new client is a little bit weak, without more detailed economic analysis. A lease is a sale but a sale chopped up over a longer period of time. I am not sure that grabbing all the money upfront, and then using it to grow the business in other ways, is an inferior model.
Comment by Mattboy on Nov 13, 2020 10:47am
Maybe the purchasing company requested a lease option knowing it was an economically way to keep more of their capital and actually allow them to get more torches? Leasing gives them the option of acquiring more torches while only paying a monthly fee from with excellent tax write off potential.  
Comment by kingscorpion on Nov 13, 2020 10:53am
You guys realize that as soon as lease agreement is in place and torches are installed the company automatically starts saving on emissions as well as operating costs Based on this model companies going the lease program will get the plasma torches practically free. Savings on using plasma torches will still be higher than what they will pay on leasing them
Comment by canyousayiii on Nov 13, 2020 10:55am
So, why isn't everyone signing up?
Comment by Mattboy on Nov 13, 2020 10:59am
Lol this isn't like buying a car. You don't just go in pick your options and walk out. There are details to be figured out pricing, amount of torches installation, etc. orders take time but trust that they will happen. If you don't believe in a stock or company you shouldn't own it plain and simple and if you don't own it ask yourself why are you here?
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