Post by
Purpledriller on May 29, 2022 7:30pm
Purevap QRR is solely HPQ's - PYR can not convert QRR to 50%
Can someone post this on ceo.ca as I dont' have account there but just lurk. Getting rather tired of misninformation such as googlesvancouver just posted as if PYR has a 50% right to take over HPQ which is simply not true.
I am very impressed by PyroGenesis engineering and tech. Pyrogenesis are entitled to a 10% royalty of Purevap QRR and 10% royalty of Purevap Nano. But only Purevap Nano can be converted to 50% equity of their JV with HPQ. Purevap QRR has no conversion/option it is owned 100% by HPQ.
People like captain111 keep attacking great posters like developbc for posting up facts over and over. Here is an example why it is needed as misinformation is evident.
Comment by
BCONTVentures on May 29, 2022 7:45pm
Thanks for this Purpledriller and for posting up the facts. I posted this on ceo.ca (HPQ). Many thanks for this. Long and Strong in HPQ Silicon and PyroGenesis!