RE:RE:RE:RE:RE:What news are we expecting?Prior to the stated “payment in full in Q2”, there was another statement with more specifics, with $ expected within a certain time, followed by some $600,000 monthly in the following few months to complete the total due, sometime last year. (it is somewhere in all their NR)
The excuse provided by the CEO, that contract payment term is changing to accommodate their client doesn’t stick at all.
And why set up a reserve for “BAD DEBT” of over $800,000,000.
A year later now they say some payment will commence sometime in Q2.
Can't wait to read the news release that they receive $50,000 as part of the new agreement.
BCONTVentures wrote: Well said kjs4381:
It was stated in the Financials and conference call, full payment would be received in q2. Full payment is approximately 10 million Canadian. No where does it state they're getting an installment, that's misinformation , and you know it. Connecting the dots is pretty much always conjecture, and that's because people can connect the dots and end up seeing things a little differently but overall reach the same conclusion. Of course there are those people who don't have the ability to connect the dots and prefer to sit there and criticize everything. They would rather cast doubt and negativity at every chance. Instead of doing some dd, they'd rather criticize those that do. Glta that matter. kjs4381 wrote: tamaracktop wrote: "Great points kjs4381, and like you say, one needs to "read between the lines" to look at the big picture. "
Great points BCONT?
His entire post is conjecture.
Conjecture with no facts to back any of it up, for example his statement that PyroGenesis "is about to get the final payment of approximately $10 million "
It's closer to $11 million than $10 million, and they're about to get an "Installment".
And you have to go back three years to see that sale, not "a couple years".
His post would make a newcomer think PyroGenesis is having less trouble collecting than they in fact are.
Nevertheless, he's trying to argue a bullish case, so he attracts many plaudits, regardless of how shaky the foundation of his " great points".
It was stated in the Financials and conference call, full payment would be received in q2. Full payment is approximately 10 million Canadian.
No where does it state they're getting an installment, that's misinformation , and you know it.
Connecting the dots is pretty much always conjecture, and that's because people can connect the dots and end up seeing things a little differently but overall reach the same conclusion.
Of course there are those people who don't have the ability to connect the dots and prefer to sit there and criticize everything. They would rather cast doubt and negativity at every chance. Instead of doing some dd, they'd rather criticize those that do.
Glta that matter.