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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 > Delay with powders
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Post by Holdrrrr on May 01, 2024 11:18am

Delay with powders

Looking at all the events.  My assumption is pyr had entered into an agreement for Albert&Duval to distribute the powders exclusively.  But Albert&Duval also has other powders from different suppliers.

So my assumption is, they were giving priority to their longer term partners(friends), who may also have offered Albert&Duval a higher middle man rate, so they were putting pyr powders on the back shelf.  

Well that put pyr in a tough spot, because they wait in hope Albert&Duval would sell the powder, and in the same breath pyr didn't want to cancel the contract with them.

Now we are free to sell it without them, as that contract is over.   A tough call, but it needed to be done.  Very good news.
Comment by filoux004 on May 01, 2024 11:23am
Looking forward to the fins shortly. Glta. 
Comment by Mostlyserious on May 01, 2024 11:27am
Very good news based on YOUR assumption that has only a positive slant. And the other side of the spectrum as to A&D letting go of the agreement is.....you fill the blanks. Making assumptions is not safe for investment decisions, and at times, it is not safe to put a positive slant on companies' forward looking statements.
Comment by Holdrrrr on May 01, 2024 11:31am
Are you on drugs?  Or just lacking any common sense? Py cancelled the contract with Albert & Duval was for the powders, the next day we are dealing with the customers directly. Give your head a shake.
Comment by Holdrrrr on May 01, 2024 11:32am
Are you on drugs? Or just lacking any common sense?   Pyr cancelled the contract with Albert & Duval for the powders, the next day we are dealing with the customers directly.   Give your head a shake.
Comment by tamaracktop on May 01, 2024 11:40am
"Pyr cancelled the contract with Albert & Duval for the powders, the next day we are dealing with the customers directly.   Give your head a shake." Right! Just like it was PyroGenesis's decision to part with KPMG as auditors, and just like PyroGenesis "voluntarily" delisted from Nasdaq.  Smarten up.
Comment by tamaracktop on May 01, 2024 11:45am
How do you "cancel" a contract anyway? Doesn't say much for the company's credibility does it?
Comment by Mostlyserious on May 01, 2024 11:59am
Get ready to look like you are on drugs or lacking common sense.  Probably lacking business sense and experience because you are able to find this forum and type. "The Company and Aubert & Duval mutually agreed to end their distribution agreement." Not to argue about the important distinction between a "contract" and an "agreement" because the content could ...more  
Comment by Thinkbigsti69 on May 01, 2024 12:02pm
This post has been removed in accordance with Community Policy
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