Pyrogenesis Canada Inc T.PYR

Pyro’s Balance Sheet

[Melida]

No question Pyro is experiencing a cash crunch. It's an issue. I remember when Shopify was in its infancy. The periodic scramble to negotiate new investment to meet payroll etc. Lucky those that stuck with it. 

I'm not comparing Shop & Pyro. However, I am illustrating just one instance of severe growing pains. There are many. It happens all the time  
 

Pyro has excellent technology that is patented protected.  The barriers to entry into Pyro's niche are close to insurmountably high, therefore reduced if not non existent competition.  

So, let's suppose the cash crunch turns into a crisis.  My take is that M&A activity would create a share price super premium given, as I've said, the patents and barriers to entry

[StairwayTo]

There were many companies with sever growing pain that didn’t make it, it happened many times. Shopify was an exception. There are currently many companies with sever growing pain that will not make it past 2024, small % will.

[Melida]

Can't disagree with you. My point related more to patents, barriers to entry and share price premium in an M&A scenario 

[filoux004]

Who has lien on the movable assets? Glta