Wednesday, April 28, 2021 10:12:07 AM
- A pattern of overpromising and underdelivering
- We believe that PYR is not a credible player in the 3D printing space, and that its inclusion in the ARK PRNT ETF is unjustified
- A "client" that turned out to be a company run by the CEO's son - we do not believe this entity even has permanent office space, and we believe it was formed to skirt Canada/Saudi Arabia trade restrictions in place at the time of formation
- "Revenues" from a company that PYR owns a portion of equal to an amount PYR invested in that company
- What we believe to be misrepresentations about PYR's relationship with the US Navy, namely, that the relationship is with a vendor to the Navy and not the Navy itself
- We believe that the combination of the above, in addition to internal control deficiencies call into question the veracity of the financial statements, and we assign a price target of $0.74 to the stock
Recent PYR News
- Dually-Listed Small Cap Finds Mid-Week Success • AllPennyStocks.com • 01/17/2024 09:00:00 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM