INVEST IN PYROGENESISTwo general areas to comment on:
1-The bashers are trying to have you believe Pyro is out of cash. Not so. Q3 financials are just that. They tell the story from July 1 to September 30. The balance sheet for Q3 takes a snapshot of how things are on September 30. It does nothing more with respect to Pyro assets. You will note that a number of contracts were signed in October. Significant ones in spite of what bashers are trying to say. The financial effects of these contracts on Pyro, as illustrated by a balance sheet (and income statement), will not be known until Q4 and year end financials are posted.
In the interim and since September 30 what do we know? We know that Pyro continues to carry on business in the normal course. And quite well I must say. If you believe the bashers, Pyro would have ceased to operate at the time of Q3 was published if not sooner. I remember reading one post that tried to claim Pyro had current assets sufficient for half a day of operation. Totally false. Totally misleading. The navy doesn't do deals with companies going out of business.
I could go on with more detail but I don't think I have to. No doubt the bashers will attack these comments so a few words about them.
2-The bashers (Otto, Filoux, Delasio, Mostlyserious, Sumpineh and others) are relentless. But they are also wrong about pretty much everything they say. I'll only mention one thing: the attacks on Pascali and management make the false assumptions that they are fraudulent criminals or that every action taken has a sinister motive. This is false. I know what the bashers will respond with. What about the AMF? What about the trust sales? What about this, what about that? Well, what about them? Responses to all these issues have been made on this board. If you haven't read them, you should. While these issues play out, I am not seeing Pyro failing to execute on its strategy.
Moving forward, I'll be significantly curtailing responses to bashers (I say this for myself, no one really cares). It would seem that when I respond in kind to one of their posts they run off to the moderator, and I get deleted. I don't mind that they're thin skinned. Unfortunately though, it they gave up the bashing they could have very easily made money on Pyro this year. There's no denying the share price this year is up 100% from its low. Suggestion for them: less time reflexively bashing are more analyzing will make you wealthy