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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Bullboard Posts
Comment by MrAndersonon Jan 26, 2017 11:14am
127 Views
Post# 25758328

RE:Who owns what here?

RE:Who owns what here?The other poster is correct, HPQ owners the rights.  HPQ pays PYR roe the equipment, all testing etc.  They also pay PYR a set of payments based on a predefined schedule for the purchase of the licence of the rights to the technology.  Then PYR also gets 10% of HPQs gross revenue from this process as an ongoing royalty.  A pretty big royalty if you ask me. So in the long run PYR could do very well if this tech is successful.  Plus they have the other technological opportunities starting to shape up.  For the record I am a shareholder in both HPQ and PYR.  My avg For HPQ is $0.0275 so today could add a couple more bags to the gains.
Bullboard Posts