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This is deja vu, all over again.
By suggesting it's very important for an investor to review pipelines, barriers to entry for possible competitors, achieved milestones etc I'm not saying the financial statements are not important. In fact they are critical and I've said so in previous posts. What I've been saying all along is that with Pyrogenesis, in order to make a fully informed decision on whether or not to invest, you need to review many other aspects of the business.
If after doing so you decide the investment doesn't comply with your risk-reward strategy then pass on investing. I couldn't care less. But to keep bringing up the balance sheet and comments from years ago just doesn't work. It's not unimportant but it doesn't come close to providing the complete story.
Another way to address this. If I was ignoring the past financial statements I would be buying far more shares of Pyrogenesis than I already have. What I'm doing is using all the facts at my disposal to make the most informed decision I think I can make. I've decided to invest. If I had decided not to invest, I would have moved on. Absolutely no point it posting here at that point
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