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Gold/Mining/Energy : PYNG Technologies

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To: Stang who wrote (6759)	5/30/2002 3:22:04 PM
From: Jack Rayfield	Read Replies (1) of 8117

Pyngers Somebody help me understand the significance of this latest PR versus the PRs issued in Feb 1998 which stated that Pyng had received a US and NATO stocking number. Obviously the attainment of a stocking number did not directly translate into sales then because Pyng did not have a product in production but when the product was ready the orders did not pile in. Does the fact that the US VA Worldwide Federal Supply Schedule Contract number has been assigned mean that the US Military Medical Board has now approved the F.A.S.T. 1 for use in any and all segments? Or does this PR just mean that Pyng has been assigned yet another number and the red tape of gaining the ultimate go ahead remains ahead of us. Has anyone seen the quarter ended March 31, 2002 financial statements?

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