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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 PteRoyon Nov 12, 2020 6:41pm
193 Views
Post# 31892022

RE:Leasing

RE:Leasing When I was younger I leased my hot water heater. I couldnt afford the purchase price outright, plus I would need to purchase a warranty on top of that or pay out of pocket for all my repairs. I couldn't afford either of those options at the time. So what I did was, I leased the hot water heater from the company for $129 a month which included free service and discounted repair if anything broke. I lived in that house for just over 4 years using and leasing that same product. A new product then came out which was even better, the company called me and asked if I wanted to switch the product for the new one and keep the same monthly lease payment. I said yes of course and when I sold that house the next buyer then took over the lease. That company made more money in the long run leasing me that hot water heater then if I had bought it outright. Think of all the other customers who were also leasing their hot water heaters from them. Every month they knew exactly how much money they would make because of their leases. There was no "We need to sell this many units this month to make a profit" Every month there was a steady stream of income. Sounds pretty good to me.  

RESTandRelax wrote: hope someone can explain why leasing is a bad thing,
Peter mentions a leasing company which is who would be handing over the money to PYR . the client would be on the hook for paying the leasing costs back to the leasing company .
PYR gets the money up front.
This type of transacation would probably be  off balance sheet so the it doesnt affect the clients ability to secure more financing.
so it seems to me everyone  wins.
what is wrong with the approach ?
 



Bullboard Posts