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Pioneering Technology Corp V.PTE

Alternate Symbol(s):  PTEFF

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

Post by Torontojayon Jan 16, 2021 10:22am
188 Views
Post# 32313095

Almost net net

Almost net net

As of Sat Jan 16th  Pioneering technology has a market cap of $4,483,340. I've calculated the net net which works out to $4,353,712. Just for clarity, I've discounted accounts receivables by 25% and inventory by 50%. Also, I added back long term lease liabilities (ifrs16) which didn't exist in Graham's time. 


If the company can be cash flow positive then we can expect some nice upside. 

 

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