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Gold/Mining/Energy : PYNG Technologies

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To: naturalperson who wrote (7598)	8/13/2005 5:17:42 PM
From: Jack Rayfield	Read Replies (2) of 8117

This report is a perfect example of why Pyng and the shareholders will benefit tremendously from Mike stepping aside someone that had half a brain would never have made the statement in June regarding the C137K profit on C342k sales knowing that he was going to take out salary of this magnitude and add other expense to eat up the profit from the next C600K in revenue. The stock market will punish V.PYT for his deceptive statement just like it has for the last 7 years. You can not extrapolate or forecast anything from his PRs because he does not have the savy to build a story with the PRs and only make statements that reflect happenings at Pyng that can be counted on to have a future effect. Now Sales of C500K in July would be ignore because if expenses increased by another C150K it would offset the 74% gross margin. Now you can see where the cyncism come from welcome to Pynger world.

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