Pioneering Technology Corp V.PTE

Alternate Symbol(s): PTEFF

Consumer Cyclical

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.

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Pioneering Technology Corp > Pioneering Technologies – 2020 year end update

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Comment by Captain71on Feb 05, 2021 9:36am

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RE:Pioneering Technologies – 2020 year end update

Tkanks Greyswan. Nice report. I have been through the numbers as well and agree with your points.

Just out of curiosity when are you predicting the company will return to profitability? (Assuming of course you think that will eventually happen)

I think it might be fiscal Q4 2021. Many seniors will have been vaccinated by then. Some larger customers like Senior’s independent living property owners should be able to get small projects like installing smartburners underway.

GLTA

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