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Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

Industrials Technology Pollution & Treatment Controls
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 > Question
View:
Post by filoux004 on Jan 24, 2024 2:51pm

Question

Why did the BOD pledge all the movable assets which include the IPs for a 1.2M loan to Mellon Trust while the mkt cap is 100M plus. Any input much appreciated. Glta
Comment by Melida on Jan 24, 2024 3:26pm
You keep asking this question. A few days ago I asked you what your specific concern is. You haven't  responded.  There is nothing devious here. The convertible debenture (as I call it) is standard practice in spite of the fact you are insinuating it's overkill or something.  For argument's sake, let's suppose the loan goes into default and we don't throw in ...more  
Comment by filoux004 on Jan 24, 2024 3:29pm
My response is thank you for your detailed response. Thank you glta 
Comment by dalesio_98 on Jan 24, 2024 3:34pm
Did the PYR board act with fiduciary responsibility and duty of care? Did PYR President CEO Director recuse himself from the topic/vote? IMO, the PR ought to have mentioned recusing himself.
Comment by Melida on Jan 24, 2024 3:41pm
Well, if they didn't then they're in trouble. At the next AGM ask your questions. 
Comment by dalesio_98 on Jan 24, 2024 3:47pm
Deflection. Disclosure is important, doesn't leave lingering questions by shareholders/market.
Comment by Melida on Jan 24, 2024 3:55pm
It just doesn't work that way. You go down these rabbit holes and lose yourself. I suspect you have OCD I'm not trolling you, but at some point I have to move on. 
Comment by dalesio_98 on Jan 24, 2024 4:03pm
Your opinion. Free to do so.
Comment by dalesio_98 on Jan 24, 2024 3:44pm
Will AMF allegations be proven out?  Good luck to all! 
PyroGenesis Inc