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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 mirdad22on Dec 14, 2020 3:27pm
133 Views
Post# 32101868

RE:Future

RE:FutureThis past quarter as well as the next one will not be very good due to Covid.  However, I would think that since the elderly will be the first or second in line to get the vaccine we might see some activity sooner than we think.  

I also think with the Biden presidency the company should be able to void the tarrifs.......that would be huge.

The biggest negative in my mind is that the company diluted the shareholders by approximately 20% when they gave out massive stock options.


Another not so good sign is that they is no investor relations representative firm other than from inside the company.  When things are real bad you cut the outside rep firm so I understand that move.  

Another frustrating thing is that if you notice in the quarterly press release it says to contact michaelquast@pioneeringtech.com.  However, when you click on his email address it takes you to Rob's email at Contact Financial who was the last IR firm.  I've called and told Michael about this but he has not changed it.  Kind of tells me they don't care much about answering investors questions now.

But I guess for these reasons its trading like its going out of business.
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