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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

Industrials Technology
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 > Did anybody ask why Peter has sold 1.4M shares?
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Post by Markcalgary on Jul 26, 2022 2:11pm

Did anybody ask why Peter has sold 1.4M shares?

Since May 1 ending July 20, Peter has sold 1.4m shares...... anybody ask why?  

He is either selling by choice, or .... not by his choice, but his banker/broker on a margin call. It doesnt match out with tax time.  

Cant see why he would need that much cash, without an orderly sale process, unless its not his choice.  

Just something to think about.

MM
Comment by Gordinno on Jul 26, 2022 2:29pm
Taxes he pays them 40 years in advance
Comment by IvanVanBeethoven on Jul 27, 2022 10:32am
It's about shares held by "Fiducie de Crdit Mellon Trust" and sold under an automatic securities disposition plan to make tax payments and reducing debt. A better question would be 'why does he hold his own shares so tightly?' On 2021-08-06 he possessed 61,702,541 shares and on 2022-07-21 he had 63,642,941 shares! It's all relative, n'est pas? regards
Comment by EtheGreat on Jul 27, 2022 10:40am
CEO 3P Holds Shares Tightly as he sees his newly BILLIONAIRE FORTUNE Status Very Soon in his Telescope & Binoculars ! -- EtheGreat or Not ?
Comment by IvanVanBeethoven on Jul 27, 2022 11:08am
Indeed! I have nothing more to add! ; )
Pyrogenesis Canada Inc
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