Post by
slowcook on Oct 12, 2022 10:30pm
Is new financing is coming??
Cash on hands is probaby zero now, as burn out rate last two Q-s was over 10mm cash.
Unless pyro is using line of credit, new financing could come soon??
Comment by
beachbuminMexic on Oct 12, 2022 10:52pm
If there is any financing coming it probably be Peter himself supplying and needed funds. He has basicaly finacned the company to this point in time eh!....Beachbum
Comment by
tamaracktop on Oct 12, 2022 11:09pm
" If there is any financing coming it probably be Peter himself supplying and needed funds. He has basicaly finacned the company to this point in time eh!....Beachbum".....Of course! He could buy back the stock he sold at $4, and $3, and $2, and at $1.42 as recently as last Friday, right before the contract cancelation was made public. He's a savy investor!
Comment by
slowcook on Oct 20, 2022 4:22pm
Nothing surprising in PP.. PYR burnet 12MM cash in last year. The terms of the PP are good in my opinion. I'm just confused why PP was only 1.3MM?? Hope that means they'll generate cash soon?!