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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 > MELLON TRUST
View:
Post by Melida on Jan 21, 2024 6:38am

MELLON TRUST

Posters are still trying to claim that Pascali is bailing on Pyro because Mellon Trust is selling shares.  None of these posts have addressed the fact that on December 20, 2023 Mellon Trust loaned Pyro $1,200,000.00. Read the News Release.  
I've already explained how this Mellon sale of shares and then the loan transaction is good for Pyro.  The posters claiming Pascali/Mellon  is bailing on Pyro have to explain the Mellon loan to Pyro.  
Anti Pyro posters are not addressing/explaining all the facts.  Can any poster, all negative about the Mellon sales, step up and give their take on this loan?
Comment by dalesio_98 on Jan 21, 2024 8:04am
Thanks for sharing your opinion Mtg? Perhaps the Mellon Trust and/or PPP ought to announce the reasoning behind the continual sales to stop the speculation. Or perhaps in a letter to shareholders.
Comment by filoux004 on Jan 21, 2024 8:52am
Explain why the BOD agreed to a universal hypotec  on all movable assets which include the IPs for 1.2M. Mkt cap 120M.?  Glta
Comment by Mostlyserious on Jan 21, 2024 9:15am
I know the Mellon Trust filing.  Intention to sell to be executed by the trustee indeependent of 3P to my understading. Can you explain why it is selling? As for the loan, I see it as a low risk because patents have some value and it sounds like everyone agrees that they would have the right to a lot of stuff in case of default.  It is a short term loan, yes it is at a low interest ...more  
Comment by filoux004 on Jan 21, 2024 9:55am
Still why did the BOD grant a universal hypotec on the movable assets for 1.2M when The mkt cap is 120M?? Any input much appreciated.  
Comment by raphaelle2 on Jan 21, 2024 9:58am
Your true colors are showing " Melida" Instead of wasting bandwidth, why don't you work to bring some good business common sense to this co. After the failure of the coffee /donuts PYR strategy...dont you have nothing serious to offer so your EMusk can save face...? GLTA
Comment by COGT on Jan 21, 2024 12:09pm
Melida The Mellon has been going for about 3 yrs and I think around 5 million shares at the outset were to be sold in an orderly fashion. Two things have never been conversed about in this sandbox....Since the start of the disbursement Peter has increased his share count with the after tax proceeds exercising options any warrants. That tabulation has never been posted here. And, myself and most ...more  
Comment by Melida on Jan 21, 2024 2:29pm
Can't be of any help here. I have no idea who buys and sells on a daily basis.   
Comment by COGT on Jan 21, 2024 4:23pm
Well I just logged out and pizza guy and the crew are about today and they haven't posted on the increase in ownership by the CEO  since the Mellon sales began. Nor do they have any comment on who actually buys the small blocks at end of day from Mellon. Mellon does not dump into the bid end of day.              Crickets  GLTA
Comment by COGT on Jan 23, 2024 9:50am
And still crickets from circle jerks on my two question weekend post.  The first one can be obtained from Sedi easily . The second we will find out in the future. ( A hint.....It's Not retail).  Meanwhile back at the ranch I think it's AMF round up week right now ,with the process being the penalty. GLTA
Comment by tamaracktop on Jan 23, 2024 10:02am
This post has been removed in accordance with Community Policy
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