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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 Captain71on Sep 01, 2021 3:37pm
163 Views
Post# 33795740

RE:RE:Q3

RE:RE:Q3Q3 was pretty disappointing revenue wise. Just don’t understand why sales are not increasing to anywhere near they were pre pandemic. I guess they will sometime but when?

To be honest though financial performance was pretty good considering revenue was only 838K. With the new measures in place looks like they can turn a profit as revenue nears 2 million. (Correct me if that looks off)

I hope we get a few positive news releases soon as larger customers resume their orders.

On the bright with still nearly 0.03 cents/share cash, over 0.075 cents/share in total equity, and recent quarterly losses being very small, downside in the SP should be limited (can’t get much lower haha).

As I mentioned earlier not sure why revenues are so slow to pick up, hope to see quite an improvement in Q4. Need lots of patience for this one folks!!!

GLTA

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