RE:RE:RE:New Press Release - PyroGenesis Signs Two Contracts with Aluminerie Alouette for $2.7 MillionBCONTVentures, in light of your item 3 and how you could state the same ... I'll take the liberty to provide an excerpt from Paul03's posted comment:
The CEO constantly selling stock is misleading. The credit Mellon trust fund sells pre planned blocks of stocks of which Peter is a trustee, officer and benificiary. Is there a vote to when and how many has to be sold? Do you know what percentage of that money actually goes to the ceo himself? Is there more then one recepient of this fund? Relatives? Siblings? Family? Spouses? Exes? Etc...Do you know all the details of this fund and what has to be done with it's profits? I don't so if you have the answers I'd genuinely like to know."
https://stockhouse.com/companies/bullboard/t.pyr/pyrogenesis-canada-inc?postid=35506544
BCONTVentures wrote: I don’t think people realize the magnitude of yesterday’s news:
1) Aluminerie Alouette is 40% owned by Rio Tinto, 7% by the Quebec government, and is the largest aluminum smelter in North and South America. Despite a small contract, these types of companies don’t play games. They typically intend to follow through on R&D testing (which they are doing here), once you are in you are in. The fact that PyroGenesis made it this far is huge.
2) Yesterdays’ AGM presentation was top tier. Steve McCormick (VP Corporate Affairs) did an excellent presentation detailing his knowledge of the industries in which PYR is involved in and a comprehensive understanding of the industrial needs these players require and PyroGenesis’ top tier solutions to these.
3) A private placement is announced where the CEO is subscribing to 2/5th of it. An amount that far exceeds the proceeds from Mellon shares. Basically moving money from Mellon to the company, and in the process getting shares through warrants.
Then we have the upcoming catalysts that should manifest soon.
Fantastic work Peter and Team!
Long and Strong in PyroGenesis!