HPQ Silicon Inc V.HPQ

How Does HPQ give PYR 50% Ownership

[Olderguy1]

How might the HPQ give PYR 50% of the company. How would that deal be structured without devaluing all current shares by 50%?

[TOCKY8008]

 Olderguy1, Pyrogenesis gets 50% of HPQ Silica Polvere inc, a subsidiary of HPQ Silicon inc. You can read this to better understand. 50% Stake in HPQ Silica Polvere Inc. TOCKY8008

[Olderguy1]

Thanks for the info TOCKY8008

[Mostlyserious]

Ok, so that's what we are talking about.  PYR held the hammer on that deal.  PYR also sold a Purevap NSIR to HPQ for something like $3.5 million if I recall correctly and then gave it back to PYR for free.  Seems like they have the upper hand when doing something together.

[TOCKY8008]

Mostlyserious, Pyrogenesis is, as you know, the expert technology provider and partner. So, having an upper hand is kind of expected in such instances.   I don't think you remembered correctly. TOCKY8008

[patience123]

Of course they have the upper hand their the ones building the tech, testing the tech, and they are the only ones making any money.

[Mostlyserious]

Have not remembered it precisely.  Purevap NSIR intellectual property was purchased by HPQ from PYR for $2.4 million paid in cash. The agreement included the same things as the FSR - 10% royalty to PYR or conversion of that royalty stream into 50% equity stake of the HPQ subsiduary that acquired the technology.  HPQ decided not to pursue it and wrote off the inet book value of the

[TOCKY8008]

So, Purevap NSIR IP Aug. 18, 2020  NR HPQ Silicon and Pyrogenesis Sign a Nano Silicon Development Agreement to Pursue Strong Industry Interest Generated by PUREVAP Nano Silicon Reactor... There was also this bit of info: Sept. 01, 2020 NR "Pyrogenesis Canada a high-tech company, that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to

[Mostlyserious]

Purevap QRR is on the backburner because they are prioritizing use of their limited resources primarily towards FSR and SiOx battery material.    In contrast, Purevap NSIR thrown out of the kitchen for a number of reasons.. Intellectual property transferred to PYR so you may hear about it there if something happens, unless HPQ acquires it again. Not a loss if there was no prospective

[Mostlyserious]

Whaf exactly are you asking?  Hypothetical scenario?  Many different scenarios one could talk about, but why bother?