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Gold/Mining/Energy : PYNG Technologies

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To: Barry Moss who wrote (4551)	9/8/1999 11:01:00 PM
From: Jack Rayfield	Read Replies (2) of 8117

Barry I do not think that Pyng is ready to take orders quite yet. But this is a positive step on the road to establishing a delivery date for the FAST 1 which will be necessary in my opinion before any sizable orders will be booked. I have read the PR several times and I still do not understand one thing. Is the contracting of this firm just the first part of the production equation? Will another firm have to be contracted to produce the machined parts? and another contractor for final assembly? Or will this contractor handle the entire production function. I am not technical enough to wade through the language of the PR. My company exports branded apparel to Asia. I do not know anything about injection moulded manufacturing. I would like to hear someone else's take on the PR that is more versed in this area.

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