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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 topseekeron Nov 12, 2020 6:58pm
198 Views
Post# 31892085

RE:Before everyone lose their minds..

RE:Before everyone lose their minds..
Mattboy wrote:

I lost money today due to the SP but I refuse to sell. Leasing is actually a great option and will not only drive recurring revenue for the company but cause companies to want more torches.
 

There are also beneficial tax reasons to lease instead of buy.

By 
leasing, they can deduct the total lease cost, meaning the cash they paid for use of the item during the tax year in question. This equals the deductionIn buying the capital item, they must lay out the full cash amount, but they can only deduct a portion of the cost each year as it is used. In the long run they will likely end up with more torches and not be forced to put out so much money. 

 

 


 



 Thanks for sharing the info for those who don't get it. This leasing should be seen as it is intended for. Bringing in more clients, great & small, to embrace this disruptive tech. that in turn will bring in ever greater cash flows than the torch sales would have accomplished for PYR.

 Qtr end results are coming out in the days ahead which will shed further light on PYR earnings growth. Rest assured, IMO, it will be quite good in more ways than one can expect.

 Best wishes to All, good health,

 Sincerely,

 Topseeker

 

 

Bullboard Posts