Pyrogenesis Canada Inc T.PYR

David and Friends, let's set the facts here

[fdfd12]

The CEO has said he will be selling 45,000 shares everyday until Aug 6.

Now the CEO is not a STUPID man.

If there is an order for 36 torches which will make the stock get over $10, he would not be selling!
Also the day after he finishes selling, Aug 7, DO NOT expect any torch order there also.
If there was one in the works, he would not be selling there also.

Realistically, it should be perhaps in September before any significant orders come to fruitition.
This is NOT bashing but using common sense.
No CEO would sell shares weeks ahead of a big order.

Please, no one post that a big order is imminent.

[HARJAY]

Why wouldn't he if he is raising money to exercise options at a deep discount to even todays  S / P  so he ends up with more total shares than what he had before he started selling.  Isn't that what the advance warning said he was doing, or did i read that wrong.

[fdfd12]

Get serious man. He is selling 765,00 shares at avg $6. That makes over $4MM. The options he buys are for perhaps.50 (not sure though). Do you know how many options you can buy for $4MM? Not all the $4MM is going for options. He is also diluting shares. If you remember a while ago, there used to be 150M shares of PYR. Now there is 167M shares. All because of option dilution. Not really a good

[HARJAY]

You don't know the price of the  options he might be exercising , don't you read the board ? its been posted twice by me . and i presume he will use some of the money to pay for the options but as is known  by people aware of  financial accounting  the tax implications are the diff. between the option price and the share price when excuted is considred income so just

[fdfd12]

DO YOU THINK I READ EVERY POST!! But you are right. Most of the money should be for taxes to be paid

[Bennyfatboy]

45 000 / 80 000 000 =  0.0005625 of his shares per day. It's insignificant. If the stock goes to 10$, he has millions of other share that make him rich beyond your wildest dreams. I think he is clever enough to do what's right without thinking of the potentiel rise in the SP for a few stock. 

[fdfd12]

765,000 shares that he is selling at $5. If there was an important release which would bring the stock to over $10, then he would lose out on $5 on 765,000 shares which is almost $4MM. The man is not STUPID. He would release the news then sell it 1 month after. There is NO NEWS coming in the next few months

[Bennyfatboy]

Pocket change for PPP

[fdfd12]

$4MM is NOT pocket change to anyone

[Bennyfatboy]

I guess he will be able to pay his bills without these $4MM... You see small. If the SP rises to 20$ or more someday, he will be swimming in cash. Don't pretend to know what are his intentions. He knows better. That's why you comment here with your few stocks and he doesn't.

[5oceans]

Yep ... i like that angle. That said who knows what is going on. Never a good idea to be in bed with someone who controls the sheets or, the AC for for your space in the summer time. Have an fast exit plan. Just saying.