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Pioneering Technology Corp V.PTE

Alternate Symbol(s):  PTEFF

Pioneering Technology Corp. is a Canada-based energy smart technology company. The Company is engaged in cooking fire prevention technologies and products. The Company’s cooking-fire prevention products address the problem of cooking fires. The Company is focused on developing advanced thermo-based technology solutions for opportunities that exist to improve the safety and/or energy efficiency of common household products and appliances. The Company’s product solutions help reduce cooking fires and false alarms by helping prevent these types of fires from starting in the first place. Its proprietary cooking fire prevention solutions include Smart Element (SE), SmartBurner, RangeMinder and Safe-T-sensor and are suitable for the majority of the more than 140 million stoves/ranges and over 140 million microwave ovens in use throughout North America. The Company has other product solutions and is focused on commercializing/distributing other fire prevention technologies.


TSXV:PTE - Post by User

Bullboard Posts
Post by garrylakepaulon Apr 03, 2019 1:44pm
207 Views
Post# 29577202

I should have known better

I should have known betterThis stock was one of my "I should know better" buys at $0.85. At $10M in sales (when I bought), PTE has no business going public - accounting costs as a public company are way beyond what they should be paying, and , quite frankly, their Executive Renumeration is totally out of line with their Sales. I like the product (bought it for my cottage) but I can't see a huge upside given the market that they target and their huge operating costs relative to their sales. 

Bullboard Posts