Hello Olderguy1, I think you have made a mistake in your understanding of these SEDI reports. I will explain in due time.
First a poem for you. Let us soothe the air.
Some say the world will end in plasma fire,
Some say in silicon ice.
From what I’ve tasted of desire
I hold with those who favor plasma fire.
But if it had to perish twice,
I think I know enough of hate
To say that for destruction silicon ice
Is also great
And would suffice.
-YoungerRobertGuyFrost1
What you are seeing is part of the 400,000 shares Peter stated he would sell from the Mellon Trust.
Peter had given notice of this ahead of time.
https://agoracom.com/ir/PyroGenesisCanada/forums/discussion/topics/753225-pyrogenesis-ceo-notice-to-sell-400k-shares/messages/2298521#message
As someone else put it best.
"400,000 shares in 20 trading days (or about 20,000 shares/day) to pay for 3.4MM warrants expiring in February at 58 cents? That’s will add net 3MM shares for Mellon. PYR will get $1.97MM into its coffers, Mellon increases its holding by 3MM, and the market gets a last chance for shares at a reasonable level... and spreading it out is a nice touch."
But maybe you are right, Peter might be dumping shares, he could be lying to us! You could be right.
I have a question for you Olderguy1, if PPP is dumping shares, why did Pyrogenesis closed at $3.22, and is currently at $3.56 as of this post? A 10.559% increase! OTC PYRNF ticker.
From the Youngerguy1s to the Olderguy1s, one final quote: I would remind you that it is often better to remain silent and be thought of as a fool than to open your mouth and remove all doubt.
Hope that helps,
Youngerguy1