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Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

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 > Has anyone pumping this even looked at the Q1 numbers?
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Post by tamaracktop on May 27, 2024 12:11am

Has anyone pumping this even looked at the Q1 numbers?

Salaries, directors fees, and other benefits for the directors and key management in Q1 rose to $812,608 in the three months ended March 31st, from $544,164 last year. As far as I can tell, after going deep, there are 8 directors and key management in total. There's a lot of overlap. For example, the CFO is also a director. Ha! It might seem on the surface that it works out to $100,000 in fees and other benefits for each of them every 3 months, but that's not how it works. They dont share it 50/50/50/50... It's a bit more complicated. There are a multitude of unanswered questions. Questions shareholders won't be able to ask at the AGM. For an inconsequential example, I'd like to know if travel expenses are included in those numbers. Pyrogenesis's travel expenses topped $ 1million for the first time ever in the middle of the Covid lockdown, as was as highlighted in the special notes attached to the financials, by their former auditors. KPMG. KPMG resigned. So did the CFO I remember everything.
Comment by tamaracktop on May 27, 2024 12:28am
I'm sure the then CFO left the company on good terms. When the company announcfed his departure on September 27th, 2021, the company wished him well. The stock closed at $5.25 that day, and had been coming down hard. The Chief Financial officer was suddenly summarily gone. Nevertheless, it's always a good sign when your former employer "wishes you well". lol This all stinks. ...more