Post by
tamaracktop on Apr 28, 2024 1:50am
Lets be blunt
When you invest in a small company, you're effectively giving that company's management your money and tacitly but directctly saying "Here's some of my money. Do your best with it."
I might be the only person who has run the latest numbers.
As of Q4, Pyrogenesis' Return on Equity is -122.14%.
Return on Assets as of the latest financials is -70.38%
Who cares?
Comment by
tamaracktop on Apr 28, 2024 12:56pm
Revenues last year were $12 million. Sales, General and administrative expenses were $31 million. $1 million per month in revenues vs $2.6 million per month in salaries. It's "just getting going"? It's going, going, gone
Comment by
Melida on Apr 28, 2024 9:46am
After I posted, I saw BCont's and Holderrs comments. I agree with them 100%
Comment by
Holdrrrr on Apr 28, 2024 10:05am
Yes haha, great posts and points also Melida and Bcont :) If Tamarackflop was apparently an RBC broker in the past, I fail to see this as simple ignorance on his part. I really do. So the only other rationale is deception. It's sad.
Comment by
BCONTVentures on Apr 28, 2024 12:03pm
Well said Melida and Holdrrrr, great posts! And PyroGenesis is just getting started.
Comment by
Holdrrrr on Apr 28, 2024 3:15pm
Facts are facts afterall. :)