RE:BCONT AND OTHERSMelida wrote: I don't view him is a pumper. He provides very relevant information about Pyrogenesis products. I assume he does not feel the need to post on an hourly basis about these products. His posts have been very important in providing product and strategy information to this board.
Based on BCont and the factual information from other posters and from posters on other boards, my take is that Pyrogenesis is now in a position to sign contracts that not only further validate its products but takes them to the next stage of product development. Contracts that provide the products on a commercial. Read the news releases.
Maybe four/five years ago too many people thought the production process would proceed to full commercialization much quicker. I took my cue from an early investor (forget his name) who would appear BNN. The guy loved the product but at one point in time he indicated it would take some time. Three to five years or something like that. I'm not going to bother getting the exact time frame because the guy was just giving his own prediction. What I took from this is to be patient and stay long. I have.
Obviously it has been a rollercoaster at times, but when you go back and review things, there has been constant progress. And that progress has cost a lot of money without the immediate revenue coming in. This has been mentioned a lot here. And it's right. Revenues lag R&D. I might add that with respect to such high end and technical products the R&D and ongoing validation takes a lot of time and is intensive.
When the stock price shot up to $12.00 I was flabbergasted. No way that price could be sustained based on existing revenue and it was not likely revenue would increase quickly enough to sustain it. Pyrogenesis had too much capital intensive work to do to get prepared for commercialization.
But we are there in regard to some applications and so close in others. I've waited this long, I would be really stupid to bail on it at this point. Long and strong and waiting for some great contracts and financials. I just don't need to say so every day.
Cathching up on posts, and I nearly choked on my coffee when I read this.
"I don't view him as a pumper"
BCON repeats the same posts multiple times, and something Melinda even acknowledges.
Repeating The same information verbatim, and then providing only a selective view of positive data?
How else can you define a promoter(s).
'Birds of a feather