PyroGenesis Inc T.PYR

Repricing

[kjs4381]

To me, the repricing can only mean one thing.  News is coming and with positive news the sp should rise.  How much it goes up is going to depend on the news,  obviously.  I'm expecting the news any day now. Could be Monday, could be a week from Monday but it's coming soon, or why reprice the warrants now? Could have waited another month or two , but then if the news came out,  it would be too late to reprice the warrants.  I think anyone waiting for the sp to fall much is going to have  a long wait. There's  been  some steady accumulation by a few, in the last week or two.  Glta

[filoux004]

??? If good news coming why reprice the warrants and dilute existing shareholders equity. I think the answer is more in addressing the urgency of the negative working capital and raising new capital. Glta

[kjs4381]

There could be a couple of reasons to reprice the warrants.  Yes bringing money in is definitely one but again that only works if the sp rises and the warrants are in the money.  Sometimes warrants are repriced if participants in pp have had to wait an unusually long time to exercise warrants, coupled with an unforseen downturn in the sp.

[Mostlyserious]

Sure.  They could have told 3P they want a chance to take their money out.  Not sure that lack of optimism is a good sign even though it is a good reason for a company to appease a few investors regardless of dilution brining in less money. I am a betting man that there will indeed be news this week, just a question of how many.  And it will be positive, just depending on whether

[filoux004]

Key word 'Contract'. Glta 

[kjs4381]

Not sure what you're talking about , yell 3p they want a chance to take their money out. That makes no sense. What would repricing have to do with taking their money out?

[Mostlyserious]

Right back at you.  Not sure what you mean by not wanting to wait longer to exercise their warrants.  Impatient that they are not making money?  How about the shareholders that can't get a reprice on their actual losses?  The only "positive" spin on this is that the company gives itself a chance to raise some money, albeit less than at the prior terms. And since

[tamaracktop]

Exactly filoux. Why on earth would a company reprice a warrant BEFORE material news that would likely send the stock higher. The short answer is that it would be nonsensical. More likely is that this company is doing everything it can to raise money without having to file a prospectus. Every "financing" this company has announced in over two years has had a maximum at the limit where

[kjs4381]

Just because you can't figure out why they doing it ,doesn't make it nonsensical.  Smarter people than you are making the decisions at pyrogenesis. I'm sure when it unfolds you'll  realize that it was a smart decision.  Wait, I take that back. Maybe you won't.

[tamaracktop]

Go to night school and take Biz 20.