Post by
COGT on Jul 03, 2024 8:42am
PYR expanding facilities?
Don't ask me why but as soon as I read this Warrant repricing my spidy sense said something is up and this has to do with an upcoming Realestate transaction.Purely speculation on my part,but something is afoot and rewarding out of the money "qualified " investors and expanding would be an win win to fund an immediate need for manufacturing space.
Chime in if you wish.
GLTA
Comment by
kjs4381 on Jul 03, 2024 8:57am
I totally agree that something positive is up. Personally I think your comment about rewarding the investors makes a lot of sense. As far as manufacturing space, not so sure. I would definitely think news is coming in the next few weeks or why the need to put that date in the nr today. Jmo
Comment by
Mostlyserious on Jul 03, 2024 9:00am
Makes total sense. Reward those that have access to better deals than retail. When the wealth from Plan A doesn't pan out, come up with Plan B. Plan B for retail is to average down, which is also available to "qualified" investors.
Comment by
kjs4381 on Jul 03, 2024 9:13am
I'm a retail investor and I've taken part in pp before. It's not difficult. I don't see a problem rewarding investors who had the faith in the company to take part in a pp. Companies reducing the price of warrants or extending the expiration date is actually a common occurrence .