No offence taken and none meant in my reply either.

I’m astonished to note that you have been a member of Agoracom for about a year now, and you claim to be a shareholder with a significant position, yet you decide that your first post ever will be to defend the shorters. Anyway...

You say “one needs to be a bit more balanced in viewing this and that ranting about shorts distracts from thinking objectively about the situation.”

My point of view on this is, considering the fact that the shorters are very active every day “proven by the short report published every 2 weeks” the objective thing, for a shareholder to do, is to be active in spreading the information related to their manipulation. Also, if you think the shorters are not a problem, I suggest you go read the information here.

I’m more concerned about shareholders getting discouraged because they are being manipulated, than by those waiting on the sidelines, but in both situations, there is a link between their decision and the shorters activities, and that is a major factor that explains the drop in share price. Refusing to see it is foolish.

People thinking that it is a good idea to wait for the share price to drop some more, have to be reminded of the following catalysts;

QRR - Oct. 21, 2021 - PyroGenesis has begun the commissioning of the GEN3 PUREVAPTM Quartz Reduction Reactor (“QRR”) Pilot Plant. Press release here

NSiR - August 5, 2021 - Gen1 has produced its first batch of Nano Silicon Materials. Press release here The following three main objectives of the Reactor testing program have now been achieved:

• Validation that the Reactor can produce < 150nm Nano Silicon Powder (“NSP”) materials

• Validation that the Reactor can reach its design production parameters

• Producing Nano Silicon materials using the Reactor

The immediate work program will:

• Continue testing with the Reactor in order to produce greater quantities of Nano Silicon Powders (“NSP”)

• Have the NSP materials qualified

• Commence engineering design for the next phase, the Gen2 PUREVAPTM NSiR, a 6 metric tonne per year design capacity pilot plant

Fumed silica - July 6, 2021 - HPQ SILICON AND PYROGENESIS TO DEVELOP A NEW ENVIRONMENTALLY FRIENDLY PROCESS TO MANUFACTURE FUMED SILICA Press release here The key areas covered by the agreement are:

• FUMED SILICA REACTOR 50 MT per Year industrial pilot plant development program, schedule and cost assumed by HPQ POLVERE

• Acquisition of the FUMED SILICA REACTOR PROCESS Intellectual Property as it relates to the manufacturing of Fumed Silica by HPQ POLVERE

• Revenue distribution between HPQ POLVERE and PyroGenesis from the sales of Fumed Silica materials made with the FUMED SILICA REACTOR PROCESS.

The FUMED SILICA REACTOR industrial pilot plant development program is made of three phases:

• Completing the engineering related to the fabrication of the pilot plant

  • a. To be completed by December 1st, 2021

  • b. HPQ POLVERE contribution to this phase of the program is $109,433

• Completing the fabrication, assembly, and Installation of the Pilot plant

  • a. To be completed by July 15, 2022

  • b. HPQ POLVERE contribution to this phase of the program is $207,046

• Completing the commissioning, start-up, and operation of the Pilot Plant

  • a. This Phase is schedule to start on July 16, 2022, and run until March 1, 2023

  • b. HPQ POLVERE contribution to this phase of the program is $284,021

EBH2 - Sept. 29, 2021 - Third-party validation of the EBH2 technology, expected to take place during the next 60 days. Press release here

Promotional activities - Sept. 8, 2021 - HPQ Silicon Announces Participation at the H.C. Wainwright 23rd Annual Global Investment Conference on September 13-15, 2021 Press release here