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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 > Write-Off
View:
Post by StairwayTo on Dec 04, 2023 12:07pm

Write-Off

42% of their receivables are set to be written off imminently:
As at September 30, 2023 the allowance for expected credit loss on trade accounts receivable is $8,452,254. The amount as at September 30, 2023, includes $7,510,901 attributable to one specific customer.
Comment by campst on Dec 04, 2023 4:55pm
...and if said happens, bashers, having done their best to sew FUD, will be buying.....and I just may as well. Lol
Comment by sorrenson on Dec 04, 2023 8:35pm
What??   So you think writing off 8 million receivables is a good thing?  Please explain to us all
Pyrogenesis Canada Inc
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