RE:If you're wondering why the stock is leaking Public info available to all...a must read for all actual and prospective investors.Especially because PYR not being followed by large institutional investors groups, this kind of neutral financial analysis is not readily available and publicized. Thanks for Nasdack rigourous analysis. Q: For how long can you run with a negative EBITDA? GLTA.
tamaracktop wrote: Go to SEDAR on Google
Type in Search for Company Documents
Type in Pyrogenesis
Look at the most recent financial statements
There they are. The bare-bones financials, not muddled with optimistic projections from management or any boasting of what the company has accomplished.
Look at the balance sheet, specifically the liquid assets and the company's cash position.
Pyrogenesis must be running out of cash.
They pretty much have to be running on fumes.
You better hope they do a secondary offering soon, before they have to do it at a buck.
Sorry to post some hard facts.