Pyrogenesis Canada Inc T.PYR

Poison pill or 50% ownership

[kingscorpion]

Well companies either adopt poison pill or own more than 50% of outstanding shares to prevent hostile takeover. Look at Pascallis smart move ingenious infact. Owns 52% of PYR thereby making ithe company a poison pill in case of hostile takeover and owns the royalty that could turn into 50% ownership of HPQ A perfect poison pill incase companies decide to go for hostile takeover of either of the companies. I SAY SWALLOW THAT SHORTERS. Hostile companies!!

[COGT]

Exactly and didn't cost either party a dime very slick and calculated  The next three months will be a barn  burner 

[canyousayiii]

Trading $900k for over 3 million shares that are worth $4 each at this point may hardly be seen as a strategic move. What was the percent ownership of other insiders before this move by Peter? If more than 50%, then you can effectively nix this hypothesis.

[DodgeTown]

  I thought he already had over 50%, so it may not have been protection from a takeover, but maybe tax sheltering his investment - if he is expecting a large stock price increase imminently, now is the time to exercise this purchase as it will be a smaller gain to pay taxes on now than after it shoots up.  Getting all his ducks in a row before the big news drop.  Either way, it