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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 > Good for the goose, Good for the gander
View:
Post by tamaracktop on May 16, 2024 2:56pm

Good for the goose, Good for the gander

At the end of 2023, the Company reported having $1.8 million in cash, and 11.4 million shares of HPQ. 

They've just reported $170, 000 in cash, and 3.79 million shares of HPQ as of March 31st. 

Now they have neither of either.
Comment by tamaracktop on May 16, 2024 2:58pm
But they do have a new $1 million loan from your Peter paying 10%.
Comment by paul03 on May 16, 2024 3:09pm
You're right, he did loan to the company. People who haven't read about it yet should be shown the full description. Not just the parts you want people to read.   In May 2024, P. Peter Pascali provided a $1 million loan to the Company with a maximum term of twelve months. The loan bears interest at 10% provided that if the loan is repaid within 45 days of the loan date, no ...more  
Comment by StairwayTo on May 16, 2024 3:45pm
Another $100,000 in his pocket paid by the company.
Comment by dalesio_98 on May 16, 2024 3:51pm
Paul03,   Two items to bring up:   $1 million loan broght up within Q1 2024 financials and current update. May 2024, date and loan not disclosed to shareholders and the market when this was executed. Material, IMO, yes.   Special Committee consisting of 5 members whom are 5 independent members of the Pyro Board overseeing TMF/AMF Pyro file created prior to the end of Oct ...more  
Comment by paul03 on May 16, 2024 8:49pm
I posted the full description of this unlike another poster. What's your problem? Anything more I can do for you? 
Comment by tamaracktop on May 16, 2024 4:06pm
Comment by paul03on May 16, 2024 3:09pm 30 Views  Post# 36044034 RE:RE:Good for the goose, Good for the gander You're right, he did loan to the company. People who haven't read about it yet should be shown the full description. Not just the parts you want people to read.   In May 2024, P. Peter Pascali provided a $1 ...more  
Comment by tamaracktop on May 16, 2024 4:29pm
The balance sheet today very likely shows little or no liquid current assets. If the AMF decision was to go against PyroGenesis, I suggest they'd have real trouble coming up with half a million. That may seem far-fetched, but that's how stretched thus company's finances truly are.