RE:RE:RE:Great List of What PYR Is Up ToAlso, another great post from Melida worth re-posting:
Melida wrote:
More importantly, investors have to decide if the technology is legit and whether it can be commercialized (my opinion is yes). In fact it has been commercialized in some verticals. We know all this so there's no point in detailing here.
Does Pyro have the cash and receivables and opportunities to carry on as a going concern well into 2025 (again, my opinion is yes). Pyro itself confirmed this in year end comments. It also has minimal debt.
As with all stock investments and especially with small cap start ups (and I consider Pyro to be in start up phase in spite of its actual age) you balance risk & reward. But, lets be blunt, you have to analyze the relevant information. Return on equity and return on assets,at this point in time, are ratios that don't provide prospective and existing investors in Pyro with particularly relevant information.
You can spend the time to figure out various ratios from the numbers contained in the financial statements (and I have no idea if yours are correct) but to simply post these ratios and to leave it at that, doesn't inform investors with respect to what's most important to review and discuss when making decisions on investing in Pyro.
You can pick away at these comments, but for me they're just common sense.
BCONTVentures wrote: Well said Melida, great post and worth re-posting. Melida wrote: Pyro is a growth stock on the cusp of commercializing its many applications.
Investors are free to agree or disagree with this statement. If they agree, they buy some shares. If they don't agree with this statement, they don't buy.
What investors in Pyro don't do at this time is consider book value of assets. Book value is an accounting term with a very specific definition. Book value has nothing to do with fair market value.
In relation to important financial information for Pyro I think you need to focus on debt, receivables, short term liabilities including payroll. But most importantly, you must seriously consider potential. In doing so you analyze the technology, its relevance and the pipeline of deals and potential deals just for starters. If your interest is piqued you then do more analysis, including barriers to entry and competition, macro issues.
For me, the above information is part of the due diligence. Lots more to consider.
Based on all of this work, I decided Pyro is worth risking some money.
What I didn't do is focus in any way on Pyro's balance sheet because it doesn't come close to telling us the complete story of Pyro.
Melida wrote: Thank you for keeping people focused on what Pyro is all about. I'm sure investors can get bogued down by the constant bashing. It's not about the warrants. It's not about the financials other than cash flow, which has been confirmed to support strategies in the near to medium term. It's not about the trust. The list of irrelevencies goes on ...
Stock price is in a holding pattern, pending what I know will be great news soon. Stay long and strong