Hi Peter,

Firstly I hope you are doing well and business is going better than the share price performance currently! Down 18.8% today at the present moment and that's after falling already significantly in the last however many months. Safe to say many people are down a lot of money now.

With that said, I'm reaching out as a continued investor. It would be appreciated for us investors to have a formal update to inform investors on where the company is at. Any idea when you can do an interview or formal press release to do so? Is there going to be an annual release? 

Because at this point the share price will have most investors doubting the company's ability to stick to its guidance and has us questioning where the real meat and potatoes of this business really is. Given that, it would be nice if we could hear where we are actually at with the existing lines of business.

For example, have we delivered all our torch orders? Do the customers like them? Any indications of additional contracts in the near term? Where are we with powders and Drosrite contracts, RNG, PFAS, etc? Where is the explanation for the balance $65M in forecasted contracts? I know you cannot answer all these questions here - if you can answer some - great - but it would be nice to see some actual communication about substantive business dealings here, and not arguments with guys bashing the company. Trust me, people dumping on the stock isn't going to change the share price, so I wouldn't waste my energy. The share price is dropping regardless of those guys. I would even go as far to say it may be better to put your attention into communicating with your shareholders through formal press releases, rather than spending any time addressing bashers or potential shorters. 

I think you can understand shareholder frustrations here, as many of us (certainly not all) have been very patient and understanding of this process given the nature of the business and have continued to believe in this company. Personally, I've found the lack of updates on these potential massive lines of business is concerning when all we see are new small contracts for new lines of business. I understand the logic of "more legs for your stool" but when you keep adding legs and not apparently making progress on the original "legs" it makes me question the rigidity of those legs, with these additional legs being added merely to keep the stool barely standing. Is the company spreading itself too thin? How can these business lines be so promising when you have all these different offerings - most of which seem at a complete stand still or entirely dependent on the timing of a customer order which may or may not come? I understand you want to build a dynasty, but most business dynasties begin with a specialization on one or two key products. 

I am a realist, and there are reasons for investors to be concerned. I hope you can take the time not specifically to ease those concerns, but to simply communicate on where the business offerings are at and communicate their status honestly and clearly on your annual release which I assume is coming soon(?). Feel free to answer my questions above if you're able or have any thoughts or comments.

However, I'd like to ask you specifically now - what do you think are the one or two key lines of business for Pyrogenesis - what is the foundation of the Company, and where do you believe the future of the Company is in 5-10 years? 

Thank you.

EZ