Post by
tamaracktop on Aug 28, 2022 1:11pm
Dig a little deeper Aarman
Take a look at note # 2 to the financials
"These consolidated financial statements include the accounts of the Company and its subsidiaries, Drosrite International LLC and Pyro Green-Gas Inc. and its subsidiaries. Drosrite International LLC is owned by a member of the Company’s key management personnel and close member of the Chief Executive Officer ("CEO") and controlling shareholder’s family and is deemed to be controlled by the Company."
Alex Pascali is the CEO of Drosite
Drosite owes Pyrogenesis $17.5 million.
And just to answer my own question for you, changes in the fair market value of strategic investment in the 3 months ended June 30th: ($7,477,864)
You can call me ignorant all you like Aarman, it's water off a ducks back.
Good luck to you.
Comment by
HARJAY on Aug 28, 2022 4:53pm
So is this like Suncor who pumps tthe oil out of the ground as one co. , manufactures it into gas and other petroleum liquids etc. as anotther co. or " subsidiery " and then sells the oil as gasoline as another co. or subsidiery o the Suncor parent but the whole shebang is actually owned by only one co. .
Comment by
Aarman4 on Aug 28, 2022 11:22pm
Reread your original message captain ignorance...... There is a difference between Drosrite international and HPQ. You're in such a hurry to knock the company that you didn't even get your bash straight. Cheers