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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

Comment by AVALONSHARKon Feb 25, 2021 9:15am
132 Views
Post# 32656413

RE:RE:RE:Gave up almost all its gains

RE:RE:RE:Gave up almost all its gainsDude I understand the frustration. However we should always be cognizant of the numbers.

Cash+ receivables without inventories is 0.06 cents !!

The net-net value itself should be around 0.07-0.075 cents. No way is this going down lower than that. The business is turning around, expenses are way down, topline is going up. There are way more reasons for optimism than what existed a yearback.
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