PyroGenesis Inc T.PYR

Pyrogenesis

[kjs4381]

All these posts  about pyrogenesis out of money and about to close the doors are pathetic.  Why would billion dollar companies sign contracts with a company going out of business any day?

Yes they currently don't have a lot of money in the bank.  But they are expecting 10 million any day, plus money from other projects.  By the way their burn rate is somewhere around 800k per month,  not 2 million. 

There are plans to expand some manufacturing to Europe and it  won't happen without money, so no doubt money is expected. 

All these people forecasting the end of PyroGenesis obviously have an agenda.  Peter is selling,  the sky is falling,  PyroGenesis has no money and going out of business.  Sell while you can, blah blah blah.  Same old BS. These people must be getting paid to spew this  misleading information. 

You used to be able to come and exchange opinions here, but anymore 2 or 3 just continue to try and get you to sell, only criticize the company and mislead.  Why are they really here? Do you really think they have your best interest at heart? Jmo

[Mostlyserious]

Thank you. In your concerning allegations about attempts to deliberately mislead, if anything you are contributing to it. Why would billion dollar companies sign contracts with a company going out of business any day?  Please point out the contracts of the size that is of great risk to clients.  Any concerns with PYR not exisiting so that they could not service the countless iron ore

[dalesio_98]

Yes they currently don't have a lot of money in the bank. But they are expecting 10 million any day, plus money from other projects. By the way their burn rate is somewhere around 800k per month, not 2 million. Mislead, much. N.B. Pyro changed from collecting full Radian Oil & Gas receivable in Q2 to commence receiving balance of receivable in Q2.  Good luck to All!

[BCONTVentures]

Well said kjs4381, great post.  And remember PyroGenesis recently signed a contract with Constellium, has the US Navy as a client (which is generating recurring revenue on a quarterly basis), and is doing work with Progressive Planet (V.PLAN), plus numerous other customers and clients.

[tamaracktop]

"And remember PyroGenesis recently signed a contract with Constellium, has the US Navy as a client (which is generating recurring revenue on a quarterly basis)" If that's true, it can't be generating very much. Revenues from the entire United States last year were $5,009,255