RE:FINAL COMMENT ON FINANCIAL STATEMENTS Well said Melida , unfortunately this truth is directed to someone who is not interested in the truth...When the goal is profit from shorting , accompanied with Baloney on chat sites to enable this agenda....Not too many investors fall for this , or pay any attention to BB's....they can read about PYR's plasma technology and realize the value it creates...This plasma technology can single handedly reduce massive amounts of GHG emissions & toxins worldwide....So far , a trickle of Pyrogenesis plasma technology has emerged ....the best in every market entered , best dross recovery, the best torches, the best water purification, ask the US Navy why they keep buying waste disposal systems for each new generation of aircraft carriers , 25 year's ???....Potential will become bigger sales in more & more very big markets , industrial and commercial worldwide...A tickle will become a raging torrent.....uncleron is always right !..cheers......
Melida wrote: Pyro is a growth stock on the cusp of commercializing its many applications.
Investors are free to agree or disagree with this statement. If they agree, they buy some shares. If they don't agree with this statement, they don't buy.
What investors in Pyro don't do at this time is consider book value of assets. Book value is an accounting term with a very specific definition. Book value has nothing to do with fair market value.
In relation to important financial information for Pyro I think you need to focus on debt, receivables, short term liabilities including payroll. But most importantly, you must seriously consider potential. In doing so you analyze the technology, its relevance and the pipeline of deals and potential deals just for starters. If your interest is piqued you then do more analysis, including barriers to entry and competition, macro issues.
For me, the above information is part of the due diligence. Lots more to consider.
Based on all of this work, I decided Pyro is worth risking some money.
What I didn't do is focus in any way on Pyro's balance sheet because it doesn't come close to telling us the complete story of Pyro.