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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery, waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Comment by tamaracktopon Feb 19, 2023 2:30pm
104 Views
Post# 35294412

RE:RE:RE:Another pathetic rebuttal

RE:RE:RE:Another pathetic rebuttal "PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing."

"that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets"????

Vetted and adopoted?

I don't think so.

Remember this headline in "The Market Herald" on May 17th?


PyroGenesis sees slow start to fiscal year but secures $41.2M in contracts

The facts are that the company reported $11.51million in revenues in the third and fourth quarter, while at the same time,  the backlog dropped $million.15.2 

Pyrogenesis' technology isn't being "adopted by multiple multibillion dollar industry leaders in four massive markets", orders are actually being cancelled.

There is no other possible explanation.

The company lacks the financial resources necessary for potential customers to be confident it can deliver.

Note #12 to the Q3 financials:

"1 Sale commissions payable relate to the costs to obtain long-term contracts with clients".


The company owes $876,000 in sales commissions.

This is noteworthy.... That particular entry in the notes is the smallest font in the Q3 release..


How can you be s blind?

Thisn company is leading you down the garden path.



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