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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 > Granting of options is getting ridiculous
View:
Post by Dividends on Aug 07, 2022 8:18am

Granting of options is getting ridiculous

I was looking and in December of 2021 peter was given just over 1.9M shares. Then in June this year 600,000 shares. No wonder he can sell so much! They just print them.

Others like R. kafal we're given 150k shares. This is on top of their salaries. At a price of ajout $2 a share that's 300k in stock options. Isn't that ridiculous?


we need to end this as shareholders. It's completely devaluating our shares. If the company can't afford to pay it as salary it shouldn't print shares as a mean of compensation. Get the company profitable management! 


The company's performance does not warrant any stock options like this.

Comment by Dividends on Aug 07, 2022 8:20am
Correction, R. kafal was 100k of stocks. Have a look for yourself. click on link below. select grant of options from the drop down.  https://stockhouse.com/companies/insiders?symbol=t.pyr
Comment by Breizh1 on Aug 07, 2022 12:18pm
Can I suggest Telus for your investments Dividends. . Very good dividends and promising higher div with their recent quarterly results.
Comment by Dividends on Aug 07, 2022 2:20pm
Thanks but already have them :)  BCE SHAW (sold) didn't want the risk of not closing with Rogers  ENB manulife  great west life  All the major banks except laurentian. I have no respect for them having cut dividends at start of covid MINTO reit morguard reit i love my dividends. Pyro was a 1 off for me and never again. 
Comment by MidtownGuy on Aug 07, 2022 2:50pm
FYI... jus a reminder on options... Rodayna Kafal, in addition to her role as VP of Investor Relations and Strategic Business Development, is on the board of directors, and the options are compensation for that role and the effort behind it. Also, these stock aren't just given, they are options that must be purchased. In this case, it's 100,000 shares, which if I recall correctly were ...more  
Comment by Burgersandfries on Aug 07, 2022 2:57pm
Appreciate your posts midtownguy can you comment on Peters relentless selling until recently?
Comment by HARJAY on Aug 07, 2022 3:03pm
updated_at: 1654614366419 Issuer Name: PYROGENESIS CANADA INC. Insider Name: Kafal, Rodayna Stock Symbol: PYR Issuer Number: 00031955 Date of filing: 2022-06-07-10:20:51 Insider Number: RKAFAL002 Ownership type: Direct Ownership Transaction ID: 3957478 Closing datetime: 2022-06-07-10:20:51 Registered holder: Transaction State: ...more  
Comment by HARJAY on Aug 07, 2022 4:12pm
On June 7 , PYR was  about $3.15 , exercise price is  $3.88 with a 5 yr, time horizon. Back  that time i doubt the co. saw the meltdown in the mkts in gen. and the co. shareprice in particular coming over the next  6 weeks down to that oversold  $1.60 level. Probably figured it would level  and consolidate in the low to mid   $3 's until  a major co ...more  
Comment by developbc on Aug 07, 2022 3:05pm
Great points and facts midtown thank you.  I think the options were $4.41 which were staggered and the final 25% will be expiring July 2023.   https://www.globenewswire.com/news-release/2020/07/16/2063586/0/en/PyroGenesis-Announces-Grants-of-Incentive-Stock-Options.html
Comment by MidtownGuy on Aug 07, 2022 3:14pm
Thanks Develop. Rodayna wasn't appointed to the board until September 22, 2020, so the July 2020 option details were prior to her appointment. I think Harjay's post has it right with the $3.88 avg: https://stockhouse.com/companies/bullboard?symbol=pyr&postid=34877330
Comment by developbc on Aug 07, 2022 3:21pm
Thanks midtown.   Look forward to seeing you get some nice  options that can be converted into massive,handsome and hefty sum of money that will be overflowing.   In this regard....What is good for you guys is good for us.   Long and strong PYROGENESIS 
Comment by Dividends on Aug 07, 2022 5:11pm
Thank you for clarifying! Now I feel a lot better that they are not just given stocks for free thus making ours worthless.    i hole peter will have pyro in a strong position like Manulife and able to pay out dividends very soon 
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