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HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.


TSXV:HPQ - Post by User

Comment by ausingeron Sep 05, 2023 12:21pm
172 Views
Post# 35620042

RE:Collateral damage

RE:Collateral damageI have shares in HPQ and had in PYR but knew nothing about the legal situation with the AMF and Peter's father's old company.  I have tried to look through the Pyr stockhouse bullboard to find out about this, but there are too many posts and most of them are, rather, well, heated and not very infomative.  So Taramacktop, since you seem to have been there when this all went down, my understanding is that Peter purchased IP from his father's old company (Pheonix Haute Technologies) -- the agreed price was 5.2 million dollars but he ended up paying 2/3 that price in pyr stock.  So my questions are (if you or someone else could answer) 
a.  not knowing the relevant security law issues here, what was the law being violated?  Peter's father was alive then -- was he otherwise of sound mind etc?  Was the 33% discount suspicious?
b.  Pheonix Haute Tech was wound down after this transaction or after Peter's father's death, no?
c.  and what exactly was the IP that was being purchased?  Did this have anything to do with the plasma arc furnace technology HPQ is using?

Thanks

Alex
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