RE:RE:PYR Unveils New Mini – DROSRITE™ System; Provides Update ...
Contrary to Peters revisionist statement
"After our first system was accepted by our client in Q3 2017,
Read more at https://www.stockhouse.com/news/press-releases/2018/06/25/pyrogenesis-unveils-new-mini--drosrite-system-provides-update-on-drosrite-busin#xw4Gm0Jfoq0QpFeI.99
The first sytem was installed in April 2016 as announced in the press release of April 18, 2016.
it has successfully completed the installation of its DROSRITE™ Furnace System (the "System" or "DROSRITE™") at its client's production facility, a North American automobile parts manufacturer (the "Client").
Read more at https://www.stockhouse.com/news/press-releases/2016/04/18/pyrogenesis-drosrite-tm-system-installed-results-exceed-expectations#2adCDvCXfTEWvHi0.99
Further, they announced the receipt of the final payment in July of 2016
"This final payment clearly demonstrates the System's capabilities in a commercial setting," said Pierre Carabin, Director of Engineering of PyroGenesis. "The System has, to date, already recovered over 45,000 lbs of aluminum.
Read more at https://www.stockhouse.com/news/press-releases/2016/07/05/pyrogenesis-receives-final-payment-on-first-commercial-drosrite-tm-system#hAFxBjIJjtVvOvIZ.99
Which leads me to question why now on numerous occassions does Peter insists that these events happened a year later.
How many more "successful" demonstrations will be required before any sales are realised. The goal of the demonstrations is sales of units so at this point I don't see how either the Middle East Demo in 2016, or the recent India Demo can yet be termed a success. There is no way to sugar coat it, they have at this point failed to deliver on any of the 6-10 systems Peter was 90% confident would be sold and delivered in 2018.