HPQ Silicon Inc V.HPQ

Alternate Symbol(s): HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.

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HPQ Silicon Inc > hpq

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Comment by Mostlyseriouson May 12, 2024 12:43pm

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Post# 36035908

RE:RE:RE:RE:RE:RE:hpq

My info comes from the last available management information circular. This was for 2022. Next one will show for 2023. If we want to nuance what "unpaid" means, but I think without that precision "unpaid directors" gives a wrong connotation. They were paid for some time fort sure.

cashbag101 wrote: from the 2023 annual fin report ,they say that the salaries are in arrears to the tune of a million dollars,with an agreement of no collection of the arrears untill jan 1 2025, with a interest of 3.1 %,With that bit of info I would say that the directors are not receiving a pay cheque,or at best they are receiving a deferred salary.

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