RE:RE:The harassment doesn't change the facts Great points Melida, and keep in mind that Peter has been with PyroGenesis since 1991 and will continue to fund PYR as necessary. PyroGenesis' President and CEO has significant "skin in the game" (Peter owns close to half of the outstanding shares in PYR). The recent private placement (PP) from this past summer had Peter and numerous company insiders/management take part, it is great having insiders/management take part in this PP. Also note that PyroGenesis has no "callable" debt. PyroGenesis has some of the most plasma expertise under one roof, a number of PYR's employees are scientists and engineers specializing in different areas of plasma. PyroGenesis has over 120 issued and pending patents in their intellectual patent portfolio. And there is approximately another 100 patent applications in progress, covering numerous areas of invention. Combining these patents with PyroGenesis' significant plasma know-how and trade secrets, PYR continues to build a formidable barrier to entry (moat) in the markets that PyroGenesis serves. Melida wrote: This is simplistic at best. Pretty easy to call it ignorant. Off take agreements, in their multiple forms, have been developed over the decades to address, in part, up and coming businesses with great new products.
Great new products typically suffer from the usual product development issues. Pyrogenesis is not immune to these issues. In fact, businesses with cutting edge and expensisce new products are more prone to be subject to these issues than other businesses.
It's standard, if not obvious that the product development process from idea to product commercialization takes a lot of cash. During this process it's also obvious that prospective customers are waiting to see the finished product before making the big commitment.
Analyze the pipeline and review the compilation of achievements in the last two years, as posted by BCont. These things illustrate that Pyrogenesis' product development is proceeding very well. I'm not speculating here, I'm relying on facts.
Focusing on WCD ad nauseum is an indication of at least two things 1- bashing; 2-ignorance of the product development process.
Let's get through tax loss season and the technical trading that is going on. Big deals are clearly in sight. Long and strong and in fact doing some accumulation here