Proven plasma torch processes for US military, 3D powders for aircraft engines and solar grade silicon metal for solar industry

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Message: Comments on negative working capital

Hi Peter,

 

I have just stumbled across PyroGenesis and there seem to be a lot of good times coming your way.

Having glanced over the Q2 Results though, I am concerned about the lack of liquidity being a big risk for a new investor.

"As at June 30, 2017, the Company had cash on hand of $258,138 and negative working capital of $6,486,226 compared with a cash balance of $385,257 and negative working capital of $2,079,353 as at December 31, 2016

"

Can you comment on how is the company addressing this, please? 

Thank you i advance and I apologixe if this has already been discussed and clarified.

Best regards,

Poetech2

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