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Gold/Mining/Energy : PYNG Technologies

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To: grounded who wrote (7509)8/1/2005 10:49:16 AM
From: Jack Rayfield   of 8117
 
Mr. Jacobs

Pyng was once listed on the NASADQ OTC:BB before being delisted because the price dropped and stayed below US$1.00. I am sure that this has had a negative effect on the stock movement. Has anyone talked to Mike lately and heard if Pyng is planning to re-apply to get off the pink sheets in the US.

I am not sure what the criteria is but I certainly hope that Mike is thinking about this as I would expect Pyng to get back over the US$1.00 mark in the next couple months.

I would welcome any information but I guess that Mike Jacobs is the only one that could comment definitively.

Thanks
Jack
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