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Gold/Mining/Energy : PYNG Technologies

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To: grounded who wrote (7749)8/23/2005 3:10:38 PM
From: Jack Rayfield  Read Replies (1) of 8117
 
I guess we can just wait 6 months until the middle of February 2006 for FY05 Q4 and total year numbers to be reported and if sales increased dramatically we will not care if it were related to the military or not. If sales do not increase we will know that the expanding use in the military did not come to pass.

It is funny how those that were quick to question the LOR Report are too lazy to make the simple call to Mike but are so quick to gripe and moan about the negativity of those that have tried to provide factual information to the forum. I would have to say that not providing the whole picture is doubting the report as the report provider clearly intends to provide complete information to US customers about DoD purchases.

Frankly I would be ecstatic for the LOR Report that I believe presents the complete cold unvarnished record of sales to the US military for the last 3+ years is garbage and misses thousands of FAST1 unit sales. The decline in year to year sales surprises even me and can not be reconciled with the PRs coming from Pyng this year. But I guess we will just have to wait and see.

Regards
Jack
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