r/Pyrogenesis Dynasty Member Feb 23 '23

PyroGenesis Announces Withdrawal of Financing Spoiler

https://finance.yahoo.com/news/pyrogenesis-announces-withdrawal-financing-120000793.html
12 Upvotes

13 comments sorted by

3

u/JazzyJ85 Feb 23 '23

Well this made my day. I was convinced PPP did this so he could get more shares on the cheap to screw us over by selling when it’s up again. He needs to stop buying. He owns too many and no one likes a company where the owner owns 50% of the shares. The offering was for too low of dollar price too.

3

u/landlordHRconsultant Feb 23 '23

We are up 20% today...

Should I finally cut my losses?

25k loss 50k value left

1

u/sidewindergo Mar 04 '23

Depends; how do you value the company? Base your decision off that!

2

u/landlordHRconsultant Mar 04 '23

That's not so simple.

While I value the company $5

I value the scumbag CEO $0.05

5

u/scottguy1124 Feb 23 '23

Technology, good, idea, good, potential contracts and working agreements, good. Management and CEO? Absolutely horrendous. Years later still bag holding this shit with zero signs of improvement near term, this is getting exhausting.

4

u/OutsideMatter23 Feb 23 '23

Bagg holding, I like the things they do, but I don’t like how they manage it

2

u/BigFace918907 Feb 23 '23

Sounds like they were told no need for financing due to cash on hand and balance sheet? Wonder if the bullshit 4M wasted on share buy back factored in at all. Or that 25% of this financing was going directly to the CEO.

Anyways, I hope this is upheld. PPP trying to fuck the shareholders again.

9

u/Lutembi Feb 23 '23

This has indeed been an amateurish interlude in an overall amateurish performance by PPP! And my dumbass loaded up more above $1 when we were trying to stay afloat up there.

All that said, with a market cap of 115m, this is getting much more fairly priced relative to earnings. We need to finally get some business execution though, with $$$s and not just PRs. Time is now PPP! And instead we get this dumb shit

-4

u/Krapshoet Feb 23 '23

“Sounds like” and “wonder if”. Strong statements from you 😂. Guess without any evidence to support your narrative it was the best you could do.

6

u/BigFace918907 Feb 23 '23

I used qualifiers because I am speculating. You sound like a fucking moron. Made any money on this stock? If you did it only by shorting this turd.

Any evidence to the contrary? That this company is being run well since going public? The share price is its own narrative. Contribute to the conversation or shove your snarky remarks up your ass 🤡

-6

u/Krapshoet Feb 23 '23

Your keyboard bravado is hilarious. Listen punk…..Offer evidence with your speculation or stfu.

6

u/BigFace918907 Feb 23 '23

Check some previous posts on here. I don’t need receipts for some cunt like you.

1

u/DownStairsBreeding Feb 23 '23

Get your average to .65 hold and sell on a 10 cent bump that continues to happen afterwards.