PyroGenesis Inc T.PYR

Ching Ching PPP

[StairwayTo]

Someone is not afraid to sell on that big news

[Trader155]

Again. Let's try this one last time. The ASDP plan.  Is. AUTOMATIC.

[dalesio_98]

The ASDP is automatic and I believe the Sept. 17, 2024 NI 45-102F1 filing expires today or tomorrow. The NCIB filed Oct. 6, 2023 expired on Oct. 5, 2024. Mr. Pascali/Mellon Trust ought to file a new NI 45-102F1 ASDP asap. Good luck to All!

[skier59]

Ok thanks for the info. PYR has certainly grown these past few years, as have their product offerings. Naturally, a very smart business person will figure out a legal way to grow the business, minimizing the share count along the way. Financing have certainly been respectable. How they do it, as long as it's legal, and certainly not long term continuous, is a very smart business approach. Lot

[EtheGreat]

What else have U Learned ? ::   *Gistory Repeats !   Not Always Exactly the Same -- at least U'r Smart enough not to Risk or Miss Ur 2nd Oppty Chance !

[EtheGreat]

Damn it - Correction::  " *History Repeats ! "

[Trader155]

Now, do you understand what "automatic" means?  Or should I fetch you the definition?

[skier59]

At this rate Mellon Trust could be depleted within 4 weeks. Just in time for big EVONIK, or government news. Going to be much harder to get shares at this price very soon. Government is giving out lots of money for this type of GREEN Business.

[CaptainMo]

You obviously haven't been here long enough to see a Mellon reload. Most recent one was around 2022 iirc. Almost guaranteed at this point with the last PP or two going through Mellon. Even when the company doesn't make money, Peter always does...

[skier59]

So you are implying that once these remaining shares are sold off, Mellon Trust will have millions more shares reloaded to dump into the market? Mellon Trust participated in the last PP this summer for only 200,000 shares. I am curious, what is this indirect ownership in the Mellon Trust account?  

[TOCKY8008]

skier59, From this NR : PyroGenesis Canada CEO may sell up to 850,000 shares There this info : "According to the TSX, Mr. Pascali currently holds 67,892,941 shares of the company. He also holds 5,636,000 shares through 8339856 Canada Inc., 922,457 shares through Fiducie de Credit Mellon Trust and four million shares through The 2% Solution Foundation. © 2024 Canjex Publishing Ltd

[filoux004]

Don't they have to divest a certain pourcentage of shares each year in the 2% fondation??? Any input appreciated.  Glta DD 

[skier59]

Ok, that was about the outstanding balance at the time in the Mellon Trust account, which is now down to about 400,000. The 2% solution is something new to me, but I'm sure it has some sort of tax implication in regards to the Quebec Gov. tax policies. There is a provision in tax policy in Quebec that companies have to invest I believe something like 2% of revenues into employee training

[TOCKY8008]

skier59, Don't bother about The 2% solution foundation,it's a Charity, nothing to do with employee training. Let me take you by the hand and have you check the following filed dates on the last website I mentionned. 2024-07-23 Warrants 2023-12-21  Convertible loan,Warrants 2023-04-19  Change in the nature of ownership Check the data pertaining to FIDUCIE DE CRDIT MELLON TRUST

[StairwayTo]

No need, It's AUTOMATIC too when I tell my broker to buy X amount of shares for an Y company at a Z frequence. And same goes for selling if I decides to do so, then the money ends up in my account or my affiliated account.