Pyrogenesis Canada Inc T.PYR

Before everyone lose their minds..

[Mattboy]

I lost money today due to the SP but I refuse to sell. Leasing is actually a great option and will not only drive recurring revenue for the company but cause companies to want more torches.
 

There are also beneficial tax reasons to lease instead of buy.

By leasing, they can deduct the total lease cost, meaning the cash they paid for use of the item during the tax year in question. This equals the deduction. In buying the capital item, they must lay out the full cash amount, but they can only deduct a portion of the cost each year as it is used. In the long run they will likely end up with more torches and not be forced to put out so much money. 

 

 

[Stubbyinsider]

If you didnt sell, then you didnt lose anything brotha! Stay long.

[Stubbyinsider]

This "lease" thing, has the BUYER's accountant written all over it lol... hence why Peter said he "hates" the accounting industry in that recent interview.... makes sense now HAHA

[Mattboy]

Absolutely the buyers accountants wanted this for tax reasons... more below regarding leasing. This is setting PyroGenesis up to be a company that will have recurring revenue which will attract more investors. The Tax Benefits of Leasing explained Leasing converts a large capital expenditure into small monthly payments. Hence the company has the profit-making equipment immediately and keeps

[developbc]

Finally a great post amongst the toxicity. With leasing, the cash flow  for years will attract institutional and big investors $.  Today's news realease was very good.   IF you are long stop putting in stop loss  bc as shorters raided and triggered stop loss orders.  LONG AND STRONG PYR!!!!!!!!!!!

[canyousayiii]

Companies have economic models that will tell them whether it is better to buy or lease. You can't say a lease is better than a purchase. It all depends on the terms of both.

[Thinkbigsti69]

Thank you so much Mattboy, you gave us the clarification that Peter should had given us from the start. Makes sense now and will help a whole bunch of us to have a better sleep tonight.

[Asamatteroffact]

DAMN SMART, NEVER EVEN CONSIDERED THIS. BUT FFS, THERE'S ALWAYS A CALCUALTED REASON FOR WHAT PYR & PP DO.

[BCONTVentures]

And here's another great post regarding leasing.  Thanks to Mattboy for this. Long and Strong in PyroGenesis!

[topseeker]

 Thanks for sharing the info for those who don't get it. This leasing should be seen as it is intended for. Bringing in more clients, great & small, to embrace this disruptive tech. that in turn will bring in ever greater cash flows than the torch sales would have accomplished for PYR.  Qtr end results are coming out in the days ahead which will shed further light on PYR

[BCONTVentures]

Well said Mattboy and topseeker.  It's worth re-reading today's NR, some very good points in it.  Long and Strong in PyroGenesis!