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Pioneering Technology Corp PTEFF


Primary Symbol: V.PTE

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

Comment by AVALONSHARKon Dec 09, 2020 3:23pm
130 Views
Post# 32069760

RE:Valuation - Target price

RE:Valuation - Target priceI am accumulating since summer of 2019 (0.03 cents) and want to buy more this month. This to me is one of the most undervalued microcap names. The company is selling for $ 3.9 mil with 3.2 mil in cash, zero debt and 4 mil in YTD revenue.

The reviews of their products on homedepot.com are excellent, the management team is lean and trying new lead generation ideas (recent video).

On the downside risk is tariffs & bulk discount.

In balance of everything, this is a potential multibagger opportunity and I am betting big on Pioneering.
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