AriKira, you're right, it's $630,000 per year. An honest mistake. But given the limited # of trials being conducted north of the border (with the exception of a few small hospitals here and there), how will they generate the business, by cold calling EMS services? I suppose over time word will get around, but whose to say that trials and tribulations won't be required in Canada like it was and still is in the U.S.?
Edward, I was intrigued by the fact that management withdrew their options. However, given the credibility of the past, my immediate reaction was that management must have deceptively decided to put option deals under other individuals names while still getting a cut. I can't help making such an assumption given the history.
And to everyone, what's there to expose? I'm an investor just like the rest of you. I have never shorted Pyng, however, I can see through the recent appreciation in the stock. I was expecting both a distribution and production agreement, but I can see they're resorting to their old promotional tactics rather than building shareholder value on merit. Show me even $1M in worldwide sales in 2000, and I'll eat my words. That includes North America, Australia, and any other existing continent. $1M in 2000? That's a tiny target given your shared optimism. I say they won't even come close, but I guess we'll have to wait and see. |
