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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

Post by tamaracktopon Mar 21, 2024 12:30pm
342 Views
Post# 35945260

Pyrogenesis your nemesis

Pyrogenesis your nemesis Pyrogenesis is very very short of cash.

Their short-term liabilities exceed short-term assets.

Next week they'll report a working capital deficit close to negative $10 million.

I believe as of the last report the company announced it still had around 18 million shares of HPQ .

They specifically mentioned it in their discussion of the company's liquidity. 

They refer to it as their "strategic investment".

That was very likely Pyrogenesis who took out 260,000 at $.19.

It came from "Anonymous".

Pyrogenesis us in trouble. 

By extension, so is this.
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