Pyrogenesis Canada Inc T.PYR

Reality check

[bcsc]

They have spent the last month selling 1.15 million shares at $4.50 each due to the acceleration of the warrants expiration. and are now using the NCIB to buy shares back for about $7.00.
I was hoping that the funds from the warrants were going to be used for the acquisition mentioined by Peter as a possibility.

[Aarman4]

I believe those warrants were already part of the share count were they not? That means all they became was cash in the bank? And either way, they were attached for a reason, so we don;t let things like that bother us if the company can handle it and is structured well. OVER 50% INSIDER OWNERSHIP The management is aligned with shareholders like me and YOU! Cheers!

[COGT]

bcsc I enjoy your posts,but in the last 4-6 months Peter has kept saying we don't need the money  Something is UP and with the 40 F SEC filing to list on the Nasdaq, typically 90+% of companies elect to do a share issue but then have to stay quiet for 40 days. We are now inside that period and PYR can release ANY deal they want. Im not in this to make $2 on a $4.50 warrant flip and buy a

[bcsc]

I guess that what I'm feeling is that something doesn't fit, or the other shoe is about to drop. We have lots of cash on hand... So why accelerate the warrant expiration... Oh we are looking at an acquisition... So why are we using cash to exercise the NCIB (and losing > $2.00 a share on the swap) Perhaps it is just that for so many years I've been conditioned to PYR extending