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Gold/Mining/Energy : PYNG Technologies
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To: esxtarus who wrote (702)3/8/1998 7:49:00 PM
From: esxtarus  Read Replies (2) of 8117
 
message from Mr Jacobs---ÿNews Release March 8, 1998

Message to shareholders re corporate reports and share registration

Pyng Technologies Corp.
News Release
PYT.V Mar 8,1998

The ownership of Pyng is much more diverse and we have gone from an ownership base of a few 100 people to more than one thousand. Good news!! However, one complaint I hear frequently when interacting with the growing number of Pyng investors is that they do not get our quarterly and annual reports

One simple remedy to this situation is to register your shares with your stockbroker. Registering your shares will ensure effective communication between the corporation and the shareholder. This will ensure you receive our reports. Our next quarter ends March 31 and our quarterly report can be expected in early April 1998.

Some comment and questions have been raised on the Pyng short position. The Pyng short position as of 28 February 1998 was 25,620 shares as reported by the VSE. A relatively small position of the approximately 8,000,000 shares outstanding.

An informed shareholder is a wise investor and remember, "The best is yet to come".

For additional information contact:
Michael W. Jacobs
(604) 875-4526 (Tel)
(604) 875-5390 (fax),
email: pyngmed@axionet.com

The V.S.E. has neither
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