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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > Why haven't you asked yourselves this?
View:
Post by tamaracktop on Jun 22, 2024 11:26pm

Why haven't you asked yourselves this?

Where are the proceeds from the trust's sales going?

We'll never know, obviously. 

That particular account doesn't have to disclose anything other than sales.

And we don't have to speculate where the funds have been spent by The 2% Solution Foundation after it disposed of PP's charitable donation. 

It hasn't sold ANY.

The PyroGenesis shares are the charity only asset.

They show up on the balance sheet under Long-term Investments.

The management's salaries are the charity biggest expense on the income statement .

The management are all family.
Comment by tamaracktop on Jun 22, 2024 11:30pm
All of those shares were FULLY tax deductible as a charitable donation   Buy shares at one dollar and shout it from the rooftops, and then donate it to my charity and write it off, and cut my breakeven to 60 cents. Then sell it. What a plan!
Comment by tamaracktop on Jun 22, 2024 11:44pm
It gets a bit complicated,  but it would be unbelievably interesting to know the number of undeclared shorts. Canadian surveillance doesn't scratch the surface of the actual numbers. If you owned 76 million million shares of Anything!.. You could sell it short all day long in a proxy account, knowing full well you wouldn't have to report the trades and knowing at the same time you ...more  
Comment by sumpineh on Jun 23, 2024 12:20pm
No matter what people say about the CEO you have to give the guy credit. He has pulled the wool over the eyes of his shareholders while lining his pockets with bonuses and warrants for years..The guy seems to know all the tricks especially avoiding questions regarding his intentions.. It is no wonder that he is nicknamed PPP. (Pied Piper Peter)
Comment by dalesio_98 on Jun 23, 2024 12:44pm
All without mentioning the allegations of fraud, etc and "The big winner at PyroGenesis, instead, seems to be the Pascali family. At least, for now." At PyroGenesis, a family transaction runs into allegations of fraud https://www.theglobeandmail.com/business/commentary/article-pyrogenesis-quebec-regulator-fraud-allegations/ Good luck to All!
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