esxtarus, I agree everyone has a right to their opinion, so I dont understand why I took so much flack for stating what PYNG stated 8 months ago in press release!!!! This is a discussion, nothing more, the personal remarks are unwarranted. I was only answering your remark that my statement was a 'joke' so dont turn up the heat unless you can take it. I cant help it if I replied back with something intelligent to say. I will take the blame for the 'dumping' remark, but it was not directed to you personally as much as a general statement to those that see pyng as a one trick pony.
The truth is I have managed a successful manufacturing plant with international sales in the $10 Million range, that company was successfully acquired by a much larger US company, why? because we were innovative and reached into markets in China and the Middle East that the much larger US company was not in. PYNG has one product that makes $3,000,000 a year, we had 2500 sku's and not one of them made 3,000,000 a year by themselves, PYNG is a different industry but nevertheless it makes sense to diversify the revenue stream and add to the company when able. |
