PyroGenesis Inc T.PYR

RE:PYR Comments Recent Trading Activity KEY PTS *HIGHTLIGHTED*

[bcsc]

In the future I would suggest that you refrain from inserting "your" comments (Not Torches...DEALS) Into the body of a Press release that you are quoting without proper notation.

developbc wrote:

Thanks to Pete to go over and above to confirm NOTHING has changed and Mcwhirter is out to lunch and NOT up to date....sounds like he has an agenda.

Conveniently does NOT even mention about DROSITE, US MILITARY, TUNNELING, 3D POWDERS, OTHER TORCH DEALINGS , barely knew anything about PUREVAP

Btw...from a post on another forum:

The caller fdfd12 even sounds like a basher mocking and laughing about $1.5Billion potential contract , possible $20 sp etc....as if it was a setup to please help bash bc the questions sounds as if he already talked to Mcwhirter as he claimed he called and chatted with him before....very suspect.
 

PyroGenesis Comments on Recent Trading Activity; Provides Additional Insight to Pending Torch Orders

 

** I can confirm that the current status of torch negotiations with various clients anticipate closing more than 1-2 torch DEALS(**NOT torches...DEALS!!) in well under 3 months, let alone 3-6 months. 

MONTREAL, Sept. 11, 2020 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the "Company", the “Corporation” or "PyroGenesis") that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, issues this press release in response to a sudden decline in its stock price this afternoon.

Given the recent decline, and inquiries from investors, the Company confirms the following:

Everything material has been disclosed by the Company in either its press releases or financial reports. PyroGenesis further confirms that none of the contracts press released are at risk. Last but not least, the Company wishes to reassure PyroGenesis’ shareholders that we remain on track with our current and prospective projects.

“There seems to be an indication that certain comments made by a fund manager in the course of an interview lead to this decline.  In the interview it appears that one could conclude that he suggested that he did not expect more than 1 to 2 torches to be sold by PyroGenesis within the next 3-6 months,” said Mr. P. Peter Pascali, CEO and President of PyroGenesis.  “Although I respect analysis done by third parties, I am also aware of the challenges that this presents to these same very same analysts who, by the very nature of the job, are always on the outside looking in. This is also exasperated by the pressure they have of providing insight within sound bites.  Having said that I can confirm that the Company has visibility on more torch orders than that alluded to in the interview.  In fact, I can confirm that the current status of torch negotiations with various clients anticipate closing more than 1-2 torch DEALS in well under 3 months, let alone 3-6 months.  These comments are not meant to reflect badly on the analyst in question, but merely to provide additional insight that only a CEO with full information can, and which I felt, under the circumstances, was necessary.”