RE:RE:RE:RE:Fact....sumpineh wrote: As long as the CEO controls the board room he will continue to bonus himself and the directors a neverending supply of shares and cheap warrants which they can sell off throughout the year..As the Globe and Mail said a while back, the only people making money on PYR is the ruling family (and friends). The existing shareholders don't seem to care as long as he keeps painting a rosy future for all of those irons in the fire.Oh yeah, Christmas is coming along with those hard earned bonuses.And the beat goes on (and on and on)
Agree.
All the projects have one big problem. They are losing money. No matter how many loaves you stick in the oven, the costs of production, and all the other costs like salai]rise etc eat up the profits and that is why the cash flow is negative
I was trying to explain the differences in accounting earning , adjustment for non cash items, and real cash to Melinda, but she can't or doesn't want to get it.
Still, there is no profit, no free cash flow-only growing debt, negative working capital, and the business can't survive with out loans, financings etc
all imo fwiw
for entertainment and education