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Bullboard - Stock Discussion Forum Pioneering Technology Corp V.PTE

Alternate Symbol(s):  PTEFF

Consumer Cyclical
Pioneering Technology Corp. is an energy smart technology and consumer products company. The Company is focused on developing advanced thermo-based technology solutions for household products and appliances. The Company operates through the development, manufacture and sale of products intended to save energy and offer consumer convenience and safety. The Company’s products include Smart Burner... see more

TSXV:PTE - Post Discussion

Pioneering Technology Corp > Q2 results
View:
Post by Captain71 on May 31, 2022 8:52am

Q2 results

Not there yet but certainly improving.

CEO still confident in the business model and a return to profitability.

GLTA
Comment by mirdad22 on Jun 03, 2022 9:14am
If that's the case then why don't insiders buy any shares at these prices?  
Comment by Captain71 on Jun 03, 2022 2:38pm
I really don’t know the answer to your question.   I am simply looking at the numbers. Revenue for the quarter was only 800K, but loss was only 100K.   I remember last year we were looking at Quarterly revenue having to be around 2 million to break even. Looks like management has tightened their belts and become a little more efficient. That magic break even amount of revenue per quarter ...more  
Pioneering Technology Corp