Comment by
BCONTVentures on Jan 14, 2024 12:09am
And see this post from Pyro-Green Gas LinkedIn: Pyro Green-Gas, supplier of process plants, equipment and services to the biogas industry is proud to count IGPC Ethanol of Aylmer, Ontario as a new customer. https://www.linkedin.com/posts/gerard-magnin-80405015_pyro-green-gas-supplier-of-process-plants-activity-7150965829013053440-L4xD/?utm_source=share&utm_medium=member_desktop
Comment by
Mostlyserious on Jan 14, 2024 8:05am
A new customer presumably means they bought something. Where's the news release? PYR sometimes issues news releases on simple collection of milestone payments so if no news release on a sale of something does that mean it is too small to announce?
Comment by
panapple42 on Jan 14, 2024 10:02am
Last time I checked they indicated 35M$ order backlog and quarterly sales around 3.7M$ My math may be off here. Will it take 2.5 years to fulfil and collect ? Where will the money come from to produce said goods if they only have $900k in the bank? I am puzzled. https://stockhouse.com/news/press-releases/2023/11/09/pyrogenesis-announces-2023-third-quarter-results
Comment by
Bajabeacher on Jan 14, 2024 11:21am
Ever hear of a revolving line of credit...eh
Comment by
panapple42 on Jan 14, 2024 12:16pm
Problem solved! Excellent.
Comment by
Mostlyserious on Jan 14, 2024 12:40pm
I am aware of revolving lines of credit as well as many other sources of financing. We know they got a $1.25M loan from Mellon recently. Do you know what revolving credit facilities they have available right now or you just generally commenting that they could always get one if they need to do so? Thanks in advance Bajabeacher.
Comment by
HARJAY on Jan 14, 2024 12:57pm
He's good with his rehetorical questions , isnt he ?? LOL
Comment by
StairwayTo on Jan 14, 2024 1:36pm
How are they going to secure this line of credit. Their assets were recently locked up no?
Comment by
tamaracktop on Jan 15, 2024 1:05am
Ha Ha! Hahaha Hahaha! Hahahahaha! Right! Hahahahahahaha.
Comment by
tamaracktop on Jan 15, 2024 1:09am
"Last time I checked they indicated 35M$ order backlog and quarterly sales around 3.7M$" You obviously weren't here when the company reported quarterly revenues that were millions less than the decline in the backlog. Or did you just ignore that, like everybody else. Orders were either canceled, or they were reported inaccurately, or they never existed. Duh.
Comment by
panapple42 on Jan 15, 2024 8:15am
The SEDAR filing from 2023-11--09 is the latest. What are you saying, exactly?