RE:SAME OLD SHORTIESWell said Melida, thanks for this. Keep up your great posts.
Melida wrote: Every time Pyro announces another very good relationship with a multinational company the shorties go into deflection mode.
... but just wait for the Q1 2024 results ... I can't give accurate estimates just yet ... blah, blah blah. What a pile of baseless arrogance
Pyro announced many months ago it would stop providing projected revenue estimate for future quarters. This made sense to me at the time, and still does. New and disruptive technology; large capital outlays for prospective purchasers; very long (and I mean very long) sales cycles; Macro issues, including Covid, Russian invasion of Ukraine, the politics of decarbonization, war in the middle east.
If Pyro felt it would be pointless to provide estimates, how the hell can a shortie tell us to wait for his accurate estimate.
The emphasis, as I have noted in previous posts, is on the pipeline of very real sales opportunites that week by week get closer to completion. Just keep reviewing the NRs. IT'S ALL GOOD NEWS!
The shorties keep saying show me the money. They aren't wrong, as such, but neither are they right. They just aren't relevant at this point. Today's share price takes into consideration what the shorties keep on bashing about. It's a dead horse. Give it up.
As for the claims that Pyro is on the verge of ceasing to exist as a going concern, that's just fear mongering. Pyro's comments last week when they posted the 2013 financials was clear on this point. They've got the cash and the means to commercialize. AND, the AMF approved Pascali's share purchase of HPQ shares owned by Pyro, in spite of what shorties were predicting. Also in regard to this transaction, Pascali basically had no choice but to do a private deal. The AMF would not let Pyro do a public placement. While on the AMF, I think they are doing a grave disservice to Pyro and to Quebec innovation in general. They seem to be harming general shareholders more than anybody.
I'm running out of patience so I won't go on. This board has become a bit of a cesspool and a platform for ego-trippers who have nothing better to do.
I don't post all that often but I've promised myself no more than once a week to recap and take aim at the goof ball claims and other junk.