I Wonder If Our Partners Will Be As Generous To PyrAs they are to us. Read the pyr board comments with people being happy to get support from Shell Suncor and others. There is sadly a big difference between pyr and Axe the tech is more along the way and they are in the heating and environment space as well. They have 5 plus streams of revenue are an excellent company and as i mentioned reached $12 / share but as with all things there are cycles and market conditions. Nevertheless, what really hurt Pyr and still a spectre to shake off is the CEO was nabbed for some questionable trades/transactions it sent the shares plummeting earlier this year to the .30 but it has since seemed to recover decently to near .60 and fluctuatung.
Having billion dollar partners that dabble here and there mean absolutely nothing sorry to say. I held IBC Advanced Alloys at a time it was trading at .025 and it was in the final testing phase for a huge unnamed aerospace partner. It happened to be Lockheed Martin. When the non disclosure was lifted the shares shot to .36 but over time despite being reliable in casting not machining parts for Lockheed IBC got very paltry contracts in the 2 to 2.5 million for the year and they were overlapping years as well. They got peanuts thrown to them as these big companies have several suppliers. At one time i was impressed that pennies are being given any type of business and recognition from hugw billion dollar companies and while better than nothing i came to learn over the years that these paltry considerations while initially sending share prices soaring would crash due to having like 0 worth contracts that hardly help companies bottom lines.
I would dump half a position knowing what i do now on partnerships unless there are strong guaranteed mimimums orders with a 3 plus year time frame at any point within that time the amounts can be adjusted up otherwise companies get a look barely liveable contracts to the business survival and its bottom line.
You simply cant sit on your whole position for reasons like these and tons of others but what people decide to is up to them and they need to figire out what works best for them. Perhaps the lack of intetest here has everything to do with companies like pyr that have the goods right now and can deliver vs those who cant and are stuck in the testing phase trying to prove itself. Axe may be in a 500 billion heating space but as with pyr there are many players more likely further ahead.
Having said this axe is to its credit doing really well but will need to deal with the fact there is lot of game in town and so called partners they are fickle and as with Lockheed pick and chose those who suot their purpose have multiple suppliers etc. Thats just the way things mostly work and finding those solid backers who are mostly committed to you sorry to say are far and few in between and the reason majority of penniez even those with the most promise never make it or shine as bright as they can. I have said for any Canadian Company that does speak volumes because of the overall lack of support from Governments to a more fuller level and due to what i say about our "so called partners" who again i speak of and how they typically deal but it is no surprise. It isnt what can we do for you as much as what can you do foe us and we will call you dont call us mentality. Thats just the way it is.
I know everything in time but 5 million really as people said that is a drop in the bucket to billion dollar companies but i guess they dont have either the time or money to waste when they can move onto pyr and others more along the way ans who suit their purpose all the more reason for companys to reach out to their long time retail shareholders to do rights offerings..i would not suggest this at the time when axe was still figuring things out but given they narrowed it down more or less and said what it has and i strongly believe it true well like i said have at it prove it move forward and save time despite sure potebtially diluting at a not too favorable lecel but sometimes these tough decisions need to be made. That said i have given reasons for it but like i said ok wait time vs and including money maybe something big and more favorable comes this year but clearly our existing Pathway partners are mostly looking elsewhere and moved on although that is clear they did it long time ago!!!
I hope people at pyr are not disappointed because they may be setting themselves up but then again their tech as way more along the way than is axe at least as far as i can assess with the exception of purevap which is adapted in accordance to material used and it will have to go through testing cycles that can take up to 2 years unless the tech has been adapted where it shaves part of the time due to the common assembly and design and then testing specifically so that is one tech that i know takes some time. Their torches doesnt seem to their pawd for military materials disposal i am not super familar with their powders is the fastest turn around and quite versatile and in demand excellent company overall and well establishex on a commercial level but people move slowly something the CEO Peter has lamented...we are ready but people take time to embrace the tech this is an ongoing issue for small caps and if not well capitalized there are really two options low level raises heavy dilution and then consolidation or wait and lose tons of time and be at the mercy typically of the bigshots like what is going on here as well as government handouts. Companies therefore have a few shots in regards to their tech and as with the initial workover if ypu dont get it right the first time you will be waiting a long time still on top of it. Oh well simply put take the profit while it is there take a faster loss and hit to avoid finding a huge hole to get out of.
For me as i said never again be it here or anywhere else. With Bet at least i dumped a quarter positiin still on a small gain so thankfully i didnt entirely repeat my stupidity that i did here but i should have dumped at 54 percent gain vs 2.54 but i honestly thought the fmv would prevail not insiders killing even that but it doesnt surprise me 0 shareholder support here however it has been an eye opener from here as well as bet. Like i said see a profit above 20 percent shiatty market i will need to start taking some money otherwise when shares plummet they take way too long to even just recover qhat to speak of anything else. Buyers inon investible market right now one of just constant adding mostly oh well. In tight bear markets that makes taking money out on whatever runs all the more impirtant but again what people want to do is up to them.
Lets see if we will have anything to smile about this year. Like i said at least this finally seems to be holding a bottom hopefully it can ccat least maintain this if nothing else before some favorable news. I know there will have to be something in 6 months if not well we continue to ve snake bitten. Last nearly 2 years have been ugly but the third will be the charm if not this one. I know this cant go on like this forever and this is pretty well as bad as it can get development and progress wise so thats something positive. As far as raises i know long term retailers will happilly push it to a successful close unlike or so called insider partners so thats positive too bad my opiniin of those who i thought woukd be helpful really arent but thats what my long post has stated and it should come as no surprise. I have seen this time and time again whether being part of holding companies and experiencing directly or while looking to gamble on it is all the same!!
Anyways i will need to be more aggressive and smarter in how i manage my position as sitting on dead money for the most part is very usless but one needs to see what is tye best way to balance that once there and right now it is pretty well the same elsewhere most stocks i am interested in have moved up to a point they will not easily leg up again useless market is buy and hold until the stupid US starts cutting rates but of course they have to be the ones dragging it and recognized when they cut it.. gimme a break not like Canada and Euope dont matter lol.