FormerXBC Inc XEBEQ

RE:You asked for it, you got it

[therealmccoy]

I urge you to stop posting pap/dribble on a daily basis there TT/the titanic/the "due didiotic"..... you've sunk just like the titanic did 'promoting'/'pumping" xebec.....

now,,, at the end of your message below, please do what you say you will do TT:

I promise I won't be back.

tkx from all of us that are tired of your constant pap that you churn out TT

tamaracktop wrote:

I urge you to look carefully at the balance sheet

Look at the difference in these highlighted portions of the Q1 and Q2 releases from
PyroGenesis:

• Cash, cash equivalents and publicly traded shares at March 31, 2022 of $18.5MM
• Cash, cash equivalents and publicly traded shares at June 30, 2022 of $9.4M

At June 30th, the company was down to $650,000 cash from $3.61 million on March 31st

Cash equivalents were $640,000 at June 30th

As per note #10 in the financials, the company owns 25,610,000 shares of HPQ Silicon

These are the "publicly traded shares" referred to above, and make up the vast majority of the  "Cash, cash equivalents and publicly traded shares at June 30, 2022 of $9.4M" referred to in the Q2 release.

HPQ Silicon closed at 52 cents on March 31st

It closed at 31 cents on June 30th

It closed at 27 cents on Friday

The stock was actually down 14.75% on March 31st

I'm thinking Pyrogenesis may have sold some that day so they could shore up their actual cash for the Q1 report.

The better part of this company's reported "liquid investments" is tied up in shares of HPQ.

Virtually all of it.

They fall under the heading "Strategic Investments".

They couldn't sell them if they had to.

HPQ's 30-day average volume is 123,069 shares.

Personally, I think this company is facing a severe liquidity crunch.

I urge you to be careful.

This company needs cash badly.

I promise I won't be back.