Post by
Melida on Jan 15, 2024 4:38pm
Line of Credit Question - Take 2
This board can so easily be sidetracked by some not so relevant tangents. The line of credit stuff is one such tangent. Who said Pyro was looking for a line of credit? Pyro didn't.
In a previous post I gave a few examples of how the Mellon convertible charge could be dealt with to ensure any line of credit was secured as a first charge against Pyro property. The negative responses then suggested Pyro's security would be worthless. I disagree. If I were the lender on a secured line of credit I would do what Mellon did for its 1.25M loan. In other words, I would make damn sure the security included all of Pyro's patents on cutting edge plasma technology. These patents have significant value.
Pyro is not just some pie in the sky research and development start-up. It has proven technologies with multiple applications. At this moment in time cash and cash flow are important issues ... welcome to small cap growing pains. When you get anxious and flustered, read all the good NRs in the last 6 months. They're impressive
Comment by
dalesio_98 on Jan 15, 2024 5:03pm
IP is only worth what you are able to defend it with. With Pyro's financial position, not much. These patents have significant value. Good luck to all! Paul03 included. :)
Comment by
paul03 on Jan 15, 2024 6:19pm
Put some work gloves on one day. Do some actual work.
Comment by
paul03 on Jan 15, 2024 6:22pm
You're still mysterious about why you're trolling actual investors. You've killed the board. Anyone who attempts to discuss the technology gets accused of blatant promotion. How many screen captures are you up to now?
Comment by
paul03 on Jan 15, 2024 6:25pm
This is like Connor Mcdavid going to play 100% against beer leaguers and then being proud of himself after his 20 point effort. Sad
Comment by
dalesio_98 on Jan 15, 2024 6:39pm
If anyone or entity killed the SH Bullboard, it would likely be PPP and Pyro.