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Gold/Mining/Energy : PYNG Technologies

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To: HotShot1 who wrote (4144)	7/11/1999 9:52:00 PM
From: Jack Rayfield	Read Replies (1) of 8117

HotShot1 The gross margin that I am using for my modeling now is 42%, which I think is much more reasonable. The 42% gross margin is after a 31% distributor commission is taken out so the total margin is 72-73% but Pyng keeps only 42%. On direct sales to military where there will be no distributor commission paid the gross margin should be close to 72% but I think that is after considering all the economies of scale gained by mass production.

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