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Gold/Mining/Energy : PYNG Technologies
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To: AriKirA who wrote (4009)6/17/1999 11:55:00 PM
From: Jack Rayfield   of 8117
 
Thanks Ari for alerting us to the news release.

Sounds like an incredible opportunity for Pyng to tell the story. Pyng certainly has the product to impress and the data to support their amazing claims to provide a superior alternative to emergency IVs. The only problem is the future short to medium term story is still pretty fuzzy as far as I can tell. It is unfortunate the expo takes place before the design has been finalized and outside manufacturers and/or distributors have been signed up. Imagine the benefit the Pyng would get from this opportunity if it had come 6-9 months from now.

The Expo certainly holds great potential that I am afraid Pyng will not be able to capitalize on due to the current uncertainty of these key items that I am sure these potential investors and promoters will key on. I doubt they will be very receptive to the idea of commercial sales in 1999, but hopefully they will put Pyng on their watch list so when the pieces do come together they will be ready to act. Maybe the Expo will invite Pyng back next year when these items have been decided.

This certainly qualifies as publizing the company and the product and if Mr. Lenoski had anything to do with Pyng receiving this invitation my hat is off to him. This publicity is incredible even if Pyng as a company is not in the absolute optimum position to capitalize on it.
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