RE:RE:RE:I have done some homework
TOCKY8008 wrote: Pyritetrap,
My statement regarding PPP worth
$600 MILLIONS in early 2021 was based on his holding in the Cie and the share price then, that's all. For a few weeks he made it, on paper. Who here can say the same ?
And believe me he wants it back.
TOCKY8008
Pyritetrap wrote:
TOCKY8008 wrote: Gents,
This weekend I have compiled some tables for future reference.
To post those here was not an easy task because of format and whatnot.
We ear about precarious financials,balance sheet, negative working capital, insider selling,
bailing CEO, dilution, low bank balance, SP going to zero.
Yes, numbers are numbers but you have to look at them with context and perspective.
And then there is the human factor.
Photis Peter Pascali CEO,
Family man, newly wed, with at least 3 sons.
Grand Master of the Masonic Grand Lodge of Quebec in Montreal.
Multimillionaire with connections and the major shareholder of PYR.
In the spring 2021, he was worth more than $600 MILLIONS
If anybody think he and if family will settle for less than HALF A BILLIONS, well...
The first table, some company shares history.
TOCKY8008
Better do some more homework, or provide a reference for some of this. If you look at the list of the wealthiest people from Quebec, he's not on it, and 600 million, would put him on it.
Sounds like pure fabrication.
Also why would someone worth almost $1 billion be cashing out stock at $.60 for a couple grand.
the optics of it aren't great, and if he wouldn't need the money, that makes absolutely no sense.
Just ridiculous. Can't believe people buy this pump.
good to imagine there's some saviour that will make the company profitable, but remember this has been going on for a while, and not profitable. So the shareholders not getting any of this. It just keeps dropping, and unless they post a profit, it's gonna need more financing just to keep this thing afloat, or insiders by shares, and then they just sell them back to retail
that's how I see it, show me some proof
By that measure-there were lots of people on this board Md readers that transiently had a lot more money briefly with this company on paper in 2021, same d=for cannabis, bitcoin etc.
I state again, it is odd how someone that is so wealthy would be selling this stock at 60 cents for a few thousand at a time , consistently if they don't need the money or if they believe in the long term propspects.
Why sell when, as pumpers say-big contracts are coming and the SP will go to the moon.
Unless it won't.
or let me hypothesize, if there were a fictional endless supply of shares in the treasury and you can reload and cash out at will. Like a printing machine-just print some shares, cash out, repeat.
An All you can eat buffet
Only the little shareholder is needed to pay for the buffet- sounds like Melida, think, hat]rjay others or maybe lurkers