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Pioneering Technology Corp V.PTE

Alternate Symbol(s):  PTEFF

Pioneering Technology Corp. is an energy smart technology and consumer products company. The Company is focused on developing advanced thermo-based technology solutions for household products and appliances. The Company operates through the development, manufacture and sale of products intended to save energy and offer consumer convenience and safety. The Company’s products include Smart Burner, Smart Range, Smart Micro, SmartBurner Polish, Standard Ring Replacement Set and Low Profile Ring Replacement Set. SmartRange monitors changes in the range’s cooking temperature and signals a pre-alarm if a cooking fire risk is detected. With patented temperature limiting control (TLC) technology, SmartBurner easily replaces electric coil elements and prevents the burner from reaching the temperature at which cooking oils auto-ignite. SmartMicro helps prevent unnecessary alarm activations. It also helps guard against microwave fires from starting.


TSXV:PTE - Post by User

Post by Captain71on Dec 12, 2020 5:44pm
174 Views
Post# 32094185

Future

FutureFinancial performance for fiscal Q1 2020 (period ending Dec 31/2019) was just beginning to improve before the pandemic hit. Also the tone of that report seemed quite optimistic. Then the slowdown and tarrifs killed the bottom line.

Just wondering how others are feeling moving forward from here. Given the change in business model a while back and weeding out of the dirty employees, think the company can ever meet and surpass the financial performance seen back in the fall of 2016 once the pandemic is over. Potential returns are huge if that is possible.

Tks
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