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Gold/Mining/Energy : PYNG Technologies
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To: Mac who wrote (2456)6/12/1998 7:41:00 AM
From: Pierre J. LeBel  Read Replies (2) of 8117
 
"Who would finance them?..."

Remember what they did last December? Mr Jacobs and other members of the management team bought shares through a private placement where other minority shareholders were not invited: Message 3036509

And that financing was done at 20% below a depressed price and free warrants were attached!

So, if history is to repeat itself, they will bring PYT down to $ 1.00, issue themselves lots of cheap shares, and promote it all over again!

Have a very nice day.

Pierre
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