MQuinton
4年前
Mariner Research is out this morning on PYR, with serious concerns about the stock: https://marinerresearchgroup.com/2021/04/28/pyr-a-family-affair-rife-with-conflicts-roundtrip-revenues-and-plenty-of-unfulfilled-promises-pt-0-74/
- 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
frenchee
17年前
Insider Transactions
Transactions by Date
Date Name
Title Action Shares Price Value
2007--12 SAMSON ACQUISITION CORP B Bought 7,655,810 $1.3 $9,952,553
2007--12 SAMSON INVESTMENT CO UT Bought 7,655,810 $1.3 $9,952,553
2007--05 SAMSON ACQUISITION CORP B Bought 2,732,150 $1.3 $3,551,795
2007--05 SAMSON INVESTMENT CO UT Bought 2,732,150 $1.3 $3,551,795
Source: First Call / Thomson Financial