Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly 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 (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > Mellon trust finishing
View:
Post by Great12345 on Dec 12, 2024 11:34am

Mellon trust finishing

He's been selling the shares in the trust in batches, when a batch ran out he started a new batch from the trust. BUT now the trust is empty , no more shares left so cannot start a new batch. So the daily drag ( I think 10% of the average volume) is no longer gonna keep the share price down. Without these shares being sold daily the price will be allowed to soar.its been a long time coming. I don't know about the warrants if any or the convertible loan.If somebody can explain those 2 items to me it would be greatly appreciated....
Comment by TOCKY8008 on Dec 12, 2024 11:59am
A reminder to you all. Convertible loan  $1 250 000  ===>  2 541 684 shares @ $0.49 425 000 warrants in the money @  $0.41 P.S. Check the highlighted sections. Pyrogenesis Private Placements / funding 2019, 2020, 2021, 2022, 2023, 2024 Date            Type         Amount      # of ...more  
Comment by GrahamB on Dec 12, 2024 12:20pm
"no more shares left so cannot start a new batch" You might want to review the Canadian Trust rules, but as I understand it, you can transfer assets to a trust at any time if you follow the CRA guidelines. Also, what is to stop someone from selling personal shares, if they have followed securities regulations? So, I think that it is indeed possible sales continue from insiders. Time ...more  
Comment by Toppert1 on Dec 12, 2024 1:10pm
Great1234: "BUT now the trust is empty , no more shares left so cannot start a new batch. So the daily drag ( I think 10% of the average volume) is no longer gonna keep the share price down. Without these shares being sold daily the price will be allowed to soar." Suggesting that the stock will soar after the trust stops selling is tantamount to admitting that it's the company' ...more  
Comment by Great12345 on Dec 12, 2024 1:13pm
Err, everybody who owns pyr shares...that's who
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

Dealroom for high-potential pre-IPO opportunities