YOU KNOW WHAT?The Q1 financials and the outlook are good. It's what was expected, in spite of the frantic, overnight bashing.
To quote Pascali,
"The company's flagship technologies are now being assessed, tested, or in use across a much wider array of major heavy industry categories, in more primary jurisdictions globally, than even we once thought possible. In so many ways, we are just getting started."
Mr. Pascali added, "We have more work to do as we continue our optimization efforts, but this is a good start, and with our backlog of projects holding strong above $28 million, and our sales pipeline growing, we become better positioned with each passing quarter to succeed in our stated goal of becoming a leader in heavy industry decarbonization technology solutions."
This is not overstatement and it's what I've been saying (and BCont and others have been saying) throughout Q1 and into Q2. Pyro, although it's been around for decades, is really in its startup phase.
I've read what the bashers have said overnight. In essence, they can't point to anything specific that constitutes new and surprisingly bad information. It's just more of the same.
The post Q1 activities and progress are particularly good. I'm really pleased that the backlog of projects is holding strong above $28 million.
I've never considered selling my holdings in Pyro. More than ever I'm looking forward to big news in the future. I'M STAYING LONG & STRONG. IGNORE THE DAY TRADER BASHERS
Lets see what the presentation this morning adds to this positive outlook