A few posters are jumping all over Mellon's sale of shares and its secured loan to Pyro. Nobody's got the proverbial crystal ball so all we can do is analyze the facts and then make decisions based on the analysis.If you have to know exactly why Mellon is selling, attend the next AGM and ask your questions. Pascali, at this point, must feel there is no need to address the Mellon sales and loan to Pyro, other than to make these transactions public. Keep in mind that as a director and the CEO of Pyro he has a legal/fiduciary obligation to act in the best interests of ALL shareholders. He gets obliterated in court if it's proven that he has ignored this obligation
If you believe that Mellon selling shares can only be a bad thing then sell your shares as well. If you've decided to keep your shares in spite of thinking the Mellon share sales can only mean bad things, then your irrational. And also, if you've kept your shares because you figure at this point you're in such a deep hole you might as well just see what happens, then why do you keep posting all the negative stuff.
Why not just keep your powder dry and say nothing. Lastly, if you own no shares in Pyro, which has been claimed, then you're either one strange dude or you're working for some entity holding a short position.
As for my shares in Pyro, I'm just waiting for more good news, commercialization and significant increase in cash and cash flow.