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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

Post by mirdad22on Feb 02, 2021 2:26pm
223 Views
Post# 32448677

President has left the company...........hmmmmm.......

President has left the company...........hmmmmm......."Pioneering also announces that Dan MacDonald , President, has left the Company to pursue other opportunities. "Dan has been an important part of Pioneering for many years and we thank him for his many contributions," said Mr. Callahan. "We wish him well in his new endeavours."

Dan has been with Pioneer for a long time.  Anyone have any idea why he left?  If it wasn't for personal reasons such as health, retirement etc......I don't see this as good news.

Despite this I am a holder of shares and would like to add as I see a lot of pent up demand once Covid is minimized.  Tennants don't want repair people in their apartments during the pandemic.  They also mentioned that key distributors and customers are still keeping with their plans to use their products once the dust clears.

I also think they will eventually be successful at eliminating the tarrifs once the Biden Administration settles in.  It makes no sense to penalize a company with tarrifs that supports a health and safety solution that is desperately needed in the States.
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