HPQ Silicon Inc V.HPQ

RE:RE:Conspiracy Theory

[analyst8]

stocknews101 wrote:

analyst8 wrote:
Hmmm .. walk with me through this and see if this makes sense.  What if Bernard had another plan and didn’t need the Taiwanese Venture Group (TVG) anymore.  What if Bernard didn’t want the exclusive deal and got another offer by someone else but can’t break away from this current contract ..unless .. In order for the remaining money to kick in from the TVG, HPQ needs to announce 4N results.  What if this stall process from announcing 4N results is to get away from this contract.  Now, if I were the TVG, I would be pretty p!ss off.  Let’s say the TVG wanted to fund the project early by activating the advance and Bernard said NO.  So, what’s the TVG to do?? Well, let’s start by selling off some of the shares they got at $0.08.  The TVG still wants to make money, so they slowly sell and walk this down.  I would not doubt that FNC somehow is aware of this too because Mr. SMITH is on the board.  Either the TVG would come in with a better deal, or Bernard is going with plan B.  Stay tune folks, this is going to get interesting.

We did not have 4N in Q1. As the deal states, upon completion of 4N in Q1. If it is not in q1 both parties have the right to back out. Being that they released the 250k already we would owe them 250  thousand +ten percent interest. At this point we would do a pp. it is also in the contract that upon 4N achievement a 6N discount price would have to be figured out before they release the funds. So either 4N will be released and behind the scenes a discount price has been worked out allowing us to get 1.75 million of the funds from the tvg. Or another pp will be announced for 1.9 million to pay pyro. A pp will dilute us much more than the tvg locking in. I think a PP may be around the corner unless there is a bag of tricks kicking around. 

WRONG. 

First, HPQ only said "this testing and validation, which has already been funded and scheduled, is expected to be completed by Q1 2016."  This is not a drop dead date. 

Second, HPQ does not owe $250k.  HPQ had issue shares and warrants to cover the $250k advanced. 

Third, from their presentation .. HPQ Silicon funding advantages:

• HPQ will be en5tled to R&D research credits worth about 30% of CDN$7,260,000 of the program
• The project is eligible for government funding (Provincial and Federal) for 55% to 80% of the costs
• Over CDN$ 2,700,000 worth of warrants are in the money, majority in friendly hands
• The acquisi5on of PUREVAPTM Intellectual property opens up addi5onal op5ons for financing
because investors want to see direct control over the key intellectual property
• Management is exploring several likely non – dilu5ve paths for financing the Pilot Plant

Maybe PYR will just take the $1.9M in new HPQ shares and become a major partner? More of an incentive to succeed.