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 > Q2

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Comment by mirdad22on May 27, 2021 4:32pm

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Post# 33280137

RE:RE:RE:Q2

The problem that is plaguing the company is that the Biden Administration has not cancelled the tariffs.

I believe earnings report will be lousy but will dramatically improve over the next few months. But, again, the big question is what will be their margins given that the tariffs are still in place? I also think they said they were raising their prices so that should help.

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