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Bullboard - Stock Discussion Forum
Pioneering Technology Corp
PTEFF
Primary Symbol:
V.PTE
Consumer Cyclical
Pioneering Technology Corp. is a Canada-based energy smart technology company. The Company is engaged in cooking fire prevention technologies and products. The Company’s cooking-fire prevention products address the problem of cooking fires. The Company is focused on developing advanced thermo-based technology solutions for opportunities that exist to improve the safety and/or energy efficiency...
of common household products and appliances. The Company’s product solutions help reduce cooking fires and false alarms by helping prevent these types of fires from starting in the first place. Its proprietary cooking fire prevention solutions include Smart Element (SE), SmartBurner, RangeMinder and Safe-T-sensor and are suitable for the majority of the more than 140 million stoves/ranges and over 140 million microwave ovens in use throughout North America. The Company has other product solutions and is focused on commercializing/distributing other fire prevention technologies.
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TSXV:PTE - Post Discussion
Pioneering Technology Corp
> No news on tariffs
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mirdad22
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Post by
mirdad22
on Mar 03, 2021 9:42am
No news on tariffs
In this latest earnings release they never mentioned the status of their submttal to have the tariffs waived.
maybe this is the reason for the sell off?
(5)
•••
mirdad22
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Comment by
mirdad22
on Mar 03, 2021 10:09am
My mistake, there is an update Pioneering continues to work with legal counsel in the U.S. to pursue a potential exemption from these tariffs based on a similar exclusion recently recognized by the U.S. Customs and Border Patrol Service. However, there can be no assurance that the Company will be successful in having its products exempted from the tariffs, nor can there be any assurance
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