Post by
Melida on Nov 07, 2024 8:21am
WAITING FOR CONFERENCE CALL
It might be premature to form strong opinions at this time.
I take exception to a few early posts. Dalesio makes a comment about how lucky Pyro is to have repriced warrants, suggesting how currents assets are terrible. What a vague comment. The other post is GrahamB's. He indicates he's only taking a bird's eye view of things at this point, yet he's calculating ratios, that in my opinion are not relevant at this juncture. I'm smelling cherries on this one.
Neither poster addresses the fact that there is a record backlog of signed contracts in the amount of $54,000,000.00. Read some detail. Pyro can execute on its strategy. It does not indicate any cash crunch. I assume more will be said on this issue during the conference call.
I'm waiting for the conference call, but I will state at this point I have a general feeling of positivity. Long and strong
Comment by
Pyritetrap on Nov 07, 2024 8:36am
How is calculating the current ratio -the ability to meet short term debts "not relevant at this juncture" 'With now only 38,000 in cash, it seems a tad relevant what?
Comment by
Melida on Nov 07, 2024 8:42am
Infant company expanding in a very significant manner. Do some research on this. Put it in context. Address the record breaking backlog. To simply float a ratio is dangerously biased
Comment by
filoux004 on Nov 07, 2024 9:18am
Infant company??? 37 years old. Glta DD serious working capital issue!!
Comment by
Melida on Nov 07, 2024 11:55am
Fully aware of how old the company is. You miss the critical point as usual. In relation to its strategic plan Pyro is in its infancy. Pyro even makes this point in Q3 comments. And its a very important comment.
Comment by
Melida on Nov 07, 2024 11:58am
The conference call is coming up. You need context Mostly. Pyro's comments also clearly state that it has the means to fulfill its strategy. One ratio is not going to cut it. Cherry picking at its most insideous
Comment by
BIGMOE on Nov 07, 2024 12:13pm
Some big announcement at the end of the conference? Big Contrat news?
Comment by
Melida on Nov 07, 2024 1:09pm
"The Company expects that with its liquidity position and its access to capital markets it will be able to finance its operations for the foreseeable future." Not my words but Pyro's words as contained in its Q3 statements. Your reference to doom statements are addressing GAAP requirements. Pyro is on track and gathering steam.
Comment by
BCONTVentures on Nov 07, 2024 2:51pm
@BCONTVentures Q3 Conference Call available for replay: https://ir.pyrogenesis.com/events/event-details/third-quarter-2024-business-update-conference-call
Comment by
ottov77 on Nov 07, 2024 3:40pm
...thanks BCONT...I won't be able to get on the call so if you don't mind asking for me where all my investment went? Cheers.
Comment by
Melida on Nov 07, 2024 5:18pm
you're making a lot of assumptions. I was addressing the issue of blaming Pascali. There are many contributing factors to run up. They've been outlined on this board over the years
Comment by
Mostlyserious on Nov 07, 2024 8:22pm
When you dismiss hard cold facts reported on the financial statements, and point us to listen to what they said, when they have been so wrong so many times in the past, that's beyond being biased. Either a pumper or uber-naive.
Comment by
Melida on Nov 07, 2024 8:28pm
That's not what I've done. Misrepresent all you want. It won't get your losses back. Unhealthy The markets are not responding in a way that would suggest in any way that they share your opinions.
Comment by
sumpineh on Nov 07, 2024 8:55pm
You can't teach stupid. Use words that you know the meaning of.
Comment by
dalesio_98 on Nov 07, 2024 8:14pm
Melida, Get your feedback from management directly. Isn't that what shareholders did and got themselves deep loses. Good luck to All!
Comment by
dalesio_98 on Nov 07, 2024 8:24pm
Melida, In the future they will, and then some. Consider buying Now you are promoting buy. Geez Good luck to All!
Comment by
Melida on Nov 07, 2024 8:33pm
Coming from a paid shill that's rich
Comment by
Pyritetrap on Nov 07, 2024 8:51pm
Melida seems like she has become unhinged. Wasnt she the calm, condescending teacher? Probably realized she got hooked with a sinker. Contracts, promises, all getting torched by the reality of the financials lol
Comment by
Melida on Nov 07, 2024 9:05pm
Nope. I seem to be the only poster on this board that's made money from Pyro Investment. You're new here. Tell us how you lost your shirt in this stock. It seems to be the theme today The markets don't share your views. What a tiresome bunch
Comment by
sumpineh on Nov 07, 2024 10:00pm
Wrong! I made more than $2 a share selling at $5.60 . Should have got out at $12 but at least i didn.t follow it all the way down. Have followed it ever since waiting to see if they ever get one of those fantastic imminent contracts.
Comment by
ottov77 on Nov 07, 2024 10:59pm
...you keep saying the market agrees with you...? The market has sold this thing off for 4 years STEADY!!! ...
Comment by
CaptainMo on Nov 07, 2024 2:49pm
"Access to capital markets" being the key there. Don't know if you realize it but placements aren't a good thing. Especially when they're non-brokered like the ones Peter has been doing. It means no one wants to touch this with a 10ft pole. Good job putting on the rose-coloured glasses though.
Comment by
Melida on Nov 07, 2024 4:47pm
There's nothing inherently wrong in going to market for cash. Pascali is under stringent legal obligations when he partakes in these capital raises.
Comment by
sumpineh on Nov 07, 2024 8:18pm
Deja vu. You had that identical post 7 hours ago.
Comment by
Mostlyserious on Nov 07, 2024 8:25pm
Yeah, he is looking for a reaction. We pointed out the money raised through warrants. Still not enough. Peter has done very well. Great salary, then additional board fees even though he is a CEO, rented his own facilities, sold cheap stock for dollars and then put some of it back in to get more stock and warrants. Definitely giving him props.
Comment by
filoux004 on Nov 07, 2024 8:30pm
connect the dots, mkt cap 146M!! glta DD
Comment by
dalesio_98 on Nov 07, 2024 8:33pm
Melida, Pascali is under stringent legal obligations when he partakes in these capital raises. Recall the funding AMF blocked and Pyro found a workaround. They had to resort to Research Capital. Good luck to All!
Comment by
Mostlyserious on Nov 07, 2024 6:42pm
Yeah, I'll take company's word over anything that accounting standards require you to disclose. After all, the CEO emphasized in a press release that he has better visibility than pretty well anyone else. Wait a sec.....I did, and lost most of my investment!!!