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Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > Peter keep selling.
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Post by Exbomertrainair on Dec 02, 2023 10:05pm

Peter keep selling.

Why does Peter keep selling? Is pyr going bankrupt? No future?
Comment by Holdrrrr on Dec 02, 2023 10:55pm
Bankrupt?  I doubt it, they are hiring actually.  And employ currently approx 100 people, engineers etc... Just because he sells isn't the end, he owns  75 million shares you know.  I'm pretty sure he can sell some. Shopify ceo unloaded huge amounts of shares in November, tens of millions of dollars worth.  I don't think someone selling signals bankruptcy ...more  
Comment by BCONTVentures on Dec 03, 2023 12:21am
Well said Holdrrrr!  And yes, the best is yet to come with PyroGenesis (and HPQ Silicon). PyroGenesis has been busy chugging away these past couple of years.  Look at the new production facility coming online, the doubling of employee headcount, more patents under PYR's umbrella, and growth in existing and new business lines and markets.  (Take for example the 4.5 MW torch, the ...more  
Comment by tamaracktop on Dec 03, 2023 2:28am
."  The fact that PyroGenesis' President and CEO has committed to 2/5ths of the financing speaks volumes to his confidence in PYR and HPQ Silicon " The FACT is that if "Peter" hadn't "participated" at all, the last two financings combined managed to raise a grand total of $3.8 million from outside investors.  At one dollar. With warrants attached. ...more  
Comment by Mostlyserious on Dec 03, 2023 8:46am
Just wondering to what extent folk here considered that 3P needs to participate relatively heavily in these financings to maintain majority control of the company, hence hold the hammer.  Not quite as public of a company as you would substantively imagine IMO.
Comment by HARJAY on Dec 03, 2023 9:53am
Another rehtorical question , is there a school were you fud  fols  take courses  on how to be as negative as possible. ?
Comment by Mostlyserious on Dec 03, 2023 10:06am
Since you are building on my comment, I take it that my factual observation and question constitutes FUD.  Why don't you pump on that same fact?  What does it say about that fact if your knee jerk reaction led you to the sentiment of FUD? Rhetorical questions.  Changing facts would be deceit along with a number of other synonyms.
Comment by sumpineh on Dec 03, 2023 11:51am
Because they cannot refute the facts,their only alternative is to attack the poster. Not sure how anyone can defend the actions of the CEO or some of the very immature posters who inhabit this BB.( assuming that the 3 amigos haven't abandoned the ship yet)
Comment by Mostlyserious on Dec 03, 2023 12:42pm
Whatever makes them feel like they are "doing something".  Market doesn't care what pumpers or bashers say.  Maybe can impact a penny or two on a given low volume day, but this play in terms of potential and now the declines is measured in dollars.  Let the entertainment continue but the bottom line is dozens of patents, pilots and projects are nothing more than ...more  
Comment by HARJAY on Dec 03, 2023 1:40pm
serious Your  last statement sums up the last  yr or so and so to blame the CEO or the co. is not  fair to them no matter what your or other ppeoples  personal opinions of them are. . Nobody here knows what the true obstacles are.
Comment by tamaracktop on Dec 03, 2023 2:10pm
"...to blame the CEO or the co. is not  fair to them no matter what your or other ppeoples  personal opinions of them are. ." Really? So where does the buck stop? Pardon me, but a buck was 5 months ago on June 20th, and 51% ago.
Comment by Mostlyserious on Dec 03, 2023 2:33pm
As I quoted from a news release a few times, 3P making a statement and emphasizing he can make that statement because he has the information from the inside that nobody has, persuaded me that several torch deals where coming within a few short months. They did not happen. So, how does that play into your opinion?  He did not have the full visibility obviously and therefore he misspoke ...more  
Comment by Mostlyserious on Dec 03, 2023 2:43pm
And let me add that way too many CEOs over promise and under deliver....especially these smaller market caps.  But I don't recall too many or any adding for emphasis that they know better than anyone else.  That seems to be a PYR thing that HPQ is somewhat emulating occassionally. Best way to shut sceptics up is to deliver results, not speeches. We continue waiting.
Comment by cleareye on Dec 03, 2023 3:46pm
Peter appears to be in a cycle of paying for more shares during financings and then selling them off through his broker. An ATM may be more appropriate. An at-the-market (ATM) offering gives the issuing company the ability to raise capital as needed. If the company is not satisfied with the available price of shares on a given day, it can refrain from offering them, saving its new shares for ...more  
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