Post by
JVJ24601 on Nov 09, 2021 8:36am
Shareholder Meeting coming in November
Does PAT have its Shareholder Meeting this month. Its been in November for the past few years, based on reports filed on Sedar.com. If so, then Shareholders should demand answers to all these questions posed on this stock board, and the other boards, such as CEO.CA, Yahoo Finance, etc...
As for investment... I expect that any investment into the company will come post this meeting. Possibly mid-December to as late as early February (post Q2 end Jan 31). Investment may also be based upon decisions of shareholders and the board, if the meeting is held.
With PATs focus on the US, November and December end up being the 2 shortest business months of the year due to US Thanksgiving (1wk) / Holidays (2wks). That's 2 more month of burn at approx. $2.5M leaving approx. $4.0M. By end of January, it will be down to $3M, PLUS a handful of monthly platform fees and maybe $500K from Raytheon (based on the first quarter investment back in 2019 per my earlier post). February 2022 may start with $3.5-3.75M remaining before investment.
Let's get this Shelf investment moving....Tick tock tick tock, and so runs down the investment clock.
Comment by
john378 on Nov 09, 2021 9:48am
"Does PAT have its Shareholder Meeting this month" Their 2021 AGM is scheduled to be held at 10 am Pacific Time (1 pm Eastern Time) on Nov. 18 2021 at 725 Granville St Suite 400 Vancouver BC.