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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 Feb 24, 2021 2:43pm
184 Views
Post# 32649088

RE:Gave up almost all its gains

RE:Gave up almost all its gainsYes unfortunately seems like it was some kind of Pump & Dump.

The volume was the highest in 15 years last thursday however seems to have died down this week. This does NOT take away from the fact that PTE continues to be a deep value stock with the potential of a multibagger. 

Q1 results are due on March 1st or 2nd. I dont expect profitability this quarter however any progress on the tarriff front or indication of top line growth in 2021 will be a net positive.

We had revenues of more than $6 milin 2020, if we can start crawling towards the $8mil mark in 2021, the market cap ($4.7mil now) should atleast triple. Fingers crossed !!
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