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Gold/Mining/Energy : PYNG Technologies
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To: Andre Bain who wrote (1325)3/21/1998 1:20:00 PM
From: george eberting  Read Replies (1) of 8117
 
Andre: Shares that are held in escrow cannot be released for trading on the open market. But they could certainly be released in the event of a sale of the company to a large company which wanted to buy PYNG. The difference is that the buyer would do a complete audit and internal review of EVERYTHING. The buyer would have access to all sorts of information that you and I would never see. The regulating agencies treat such buyers much differently that the general market.

My two cents worth regarding production/manufacturing. Frankly, I think the company is probably making a mistake doing it themselves.
The big boys are so very, very efficient at that sort of thing that they should be doing it for us. Either sell the company to them, or subcontract the work to them. They already have the approved facilities. They have experienced, knowledgeable people, they have the capital. Let's not try to do everything here. Let's take the money and run!!!!! Otherwise, we may fall on our face when it comes time to actually make the product. Manufacturing is a LOT different from designing. We apparently have designed the best thing since sliced bread, but that doesn't mean we will ever be able to do a good job manufacturing it. JMO George E.
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