PyroGenesis Inc T.PYR

Interesting

[tamaracktop]

Pyrogenesis announces an issue of debt secured by assets and the pumpers are all focused on a video from HPQ.

Obviously they don't know what this "financing" means.

It buys Pyrogenesis a few more weeks than it already had.

[HARJAY]

Don't you think thats all he felt he needed He could have done it for more. But where is he going in Jan. ?? Put the dot's  togther !!

[tamaracktop]

He could have done it for more? How do you figure that Harjay? They don't have any more assets to pledge. "The universality of movable assets" means all the company's assets. Why would Mellon lend them more when they've already got all the security they possibly could get for everything they've got. You've got it backwards. He probably wanted more but Mellon

[tamaracktop]

"Why would Mellon lend them more when they've already got all the security they possibly could get for everything they've got." Sorry. Thar should have read "Why would Mellon lend them more when they've already got all the security they could possibly get for $1.25 million" The takeaway from thus deal is that if the company needs more money in the near future,

[dalesio_98]

Mr. Pascali's confidence in Pyrogenesis necessitated pledging all the corporate assets? Optics look terrible.

[BCONTVentures]

Exactly HARJAY.  Peter is going on a business trip in early January.  This is a wise move by Peter and shows that Peter continues to put his money where his mouth is.

[tamaracktop]

Ha. He's going on a business trip to avoid the AMF hearing, just like he did the Q2 conference call. And where was he for the Q3 call?

[dalesio_98]

They delayed the TAMF administrative hearings due to the business trip and Me Teolis needing more time to confer with her client, especially as content is in French. Mr. Pascali can have an interpreter present to translate to English at his expense, which is his right. However, documentation, is in French.

[dalesio_98]

Opportunistic?