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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. The Company 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... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > What a meeting
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Post by tamaracktop on Jun 28, 2024 12:20pm

What a meeting

Pascali's "appearance" was a pre-recorded video.

The moderator detailed all the directors who were "present"

It was a zoom call.

They could have been at home lying in bed, but they collected thousands in directors fees.

I can't swear by this because it's just from memory, but if I'm not mistaken, directors' fees and expenses were around $167,000 last year.

There are 8 directors.

that's a club I wouldn't mind joining.
Comment by Kongratulation on Jun 28, 2024 1:10pm
This post has been removed in accordance with Community Policy
Comment by tamaracktop on Jun 28, 2024 1:49pm
I'm not even sure what that's supposed to mean, but even the most nonsensical derision of bears here draws applause.  A statement literally proven beyond a doubt by the fact that Thinkbig is #1. lol.
Comment by Melida on Jun 28, 2024 1:25pm
Without providing a benchmark that reflects what typical directors' remuneration might be, your number means nohing.  In any event your memory is deficient.  Your number is way off. You are mistaken.  Although I doubt it's a mistake.  Your misdirection and misrepresentations are intentional.  
Comment by Mostlyserious on Jun 28, 2024 1:48pm
Summary of director compensation in 2023 from page 27 of the MIC, shows $182,252 in fees earned, $981,661 in option based awards, pension value and all other compensation for two officers around $45K which could be double counting from their regular compensation, for a total compensation of $1,209,597.  For the 2 of the 8 directors that are also employees of the company, their total ...more  
Comment by Melida on Jun 28, 2024 2:22pm
And when they bring necessary expertise, credibility and independence, directors are worth every penny.  They will be essential if/when Pyro raises money by way of equity financing and also if/when institutional investors are kicking the tires.   Tam trying to suggest Pyro's board is suspect is BS.  They aren't bought and paid for and in Pascali's back pocket.  ...more  
Comment by dalesio_98 on Jun 28, 2024 2:42pm
Who calls the shots? Rubber stamping, n'est-ce pas? Good luck to All!
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