PyroGenesis Inc T.PYR

Shorts are saying CHARITY is bad?

[DanielHPQ]

PPP is puttting his own money/stock away for charitable purposes to give back to others and the community.... and the shorts are calling him crooked? What a bunch of idiotic shorts.

[Raiders50]

All the longs I have suggestion someone to contact PPP how donating to his charity by PYR share . I am very happy to contribute my part . Just my opinion, this is the best answer to show our support to him . FACTS WILL WIN

[canyousayiii]

Keep the administration simple, I am sure any charity will gladly accept cash so just sell the amount of shares you wish to donate and send the cash. Easier for everyone. Cheers.

[HARJAY]

canyou I'm not sure if this is correct but if as you say just sell the shares and donate is not very tax wise. Just doing that would incur a tax issue for him  but the way he did it is donating shares in kind to his foundation which in turn will distribute will not cause a tax issue for him or the foundation and his in kind donation generates a tax deduction for him. If anyone can

[canyousayiii]

Harjay, my comment was directed at Raiders' call for donating to the foundation by other longs. Peter controls PYR by having just over 50% of shares. I do not think he would contribute 1% to a charity in a way that could come close to losing control of the company. I was thinking that Raiders was calling for simple charitable contribution to share some wealth. Hope that clarifies it.