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Gold/Mining/Energy : PYNG Technologies

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To: Sapper who wrote (3382)3/9/1999 6:23:00 PM
From: AriKirA  Read Replies (1) of 8117
 
Hi Sapper,

Rereading the 100 or so last posts, I noticed that no one had answered your question regarding the PP. Here is the PR that should provide an answer:

Monday Sep 28 1998

Mr. Michael Jacobs reports

The company has agreed to issue, on a private placement basis, up to 400,000 units at $1.96 for $784,000. Each unit consists of one share and one warrant to acquire an additional share for two years from the date of closing at $1.96 per share in the first year and at $2.26 per share in the second year. The proceeds will be used for manufacturing and marketing the F.A.S.T. 1 intraosseous infusion

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