Pyrogenesis Canada Inc T.PYR

Leasing

[RESTandRelax]

hope someone can explain why leasing is a bad thing,
Peter mentions a leasing company which is who would be handing over the money to PYR . the client would be on the hook for paying the leasing costs back to the leasing company .
PYR gets the money up front.
This type of transacation would probably be  off balance sheet so the it doesnt affect the clients ability to secure more financing.
so it seems to me everyone  wins.
what is wrong with the approach ?

[canyousayiii]

Peter has to do an Agoracom interview asap to explain the shift. If his story was about sales but then said "but if we could sign lease agreements" as if it would be better, the news would have been received better. Now you have leasing, you have quotes for 4 torches....it is a significantly different story and $500 m valuation is far from cheap.

[Trainstation]

There is nothing wrong with the approach.  Stock price is currently based on retail investors and their million dollar hunch versus a CEO who manages a million dollar company and his strategy. They think they know better than him while they scrape for pennies living in mom's basement. 

[canyousayiii]

Surely you cannot ignore the CEOs communication recognizing that he follows these threads. Be fair.

[PteRoy]

When I was younger I leased my hot water heater. I couldnt afford the purchase price outright, plus I would need to purchase a warranty on top of that or pay out of pocket for all my repairs. I couldn't afford either of those options at the time. So what I did was, I leased the hot water heater from the company for $129 a month which included free service and discounted repair if anything

[canyousayiii]

Dude, if you paid that much, you got ripped off. I was looking to upgrade my rental, never have to pay for any repairs, and the price was $30 per month for something like 20 years. Asked for a quote to buy installed and it was 1,600. A big company is not gonna get ripped off by a small company. PYR also knows exactly how much they make on a sale amd it is more certain. And they shouldnt need a

[Stubbyinsider]

Exactly, PYR is only diversifying the buying options of the torches. You dont walk into a Mercedes dealership and they only make you lease... like gimme a break; some customers will say, just gimme the invoice, and other companies may like the leasing option. All good.

[pystocker]

Basically, big guys said we will not buy, give us an option of leasing. It works for us also when it comes to taxing. Even though taxing part for me does not make sense. If it's clean energy there should be bunch of tax relieves for the purchaser.

[Stubbyinsider]

No it makes sense, they are just double dippin on the advantages, they will still get the green energy tax breaks from the government im sure!

[Welderkev1]

And the money they save on the ghg emissions pays the lease, instead of going to the government, without having to pay all that cash upfront and wait for the savings to replace it