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Gold/Mining/Energy : PYNG Technologies

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To: stubbs who wrote (3416)	3/10/1999 2:13:00 PM
From: LOR	Read Replies (1) of 8117

Stubbs, I am amazed that you could post to me that lengthy complaint .... especially after reading M. Jacobs latest post last night. REALLY, you, BRAD and anyone else who swallows Michael's Lament have a serious gullibility problem. In my view Jack is NOT impatient and neither am I. And you can bet your last dollar that I have spoken to PYNG directly ....and I do mean Michael [ and countless other sources ]. I have expressed my reservations and I suspect Jack also has given PYNG more then ample opportunity to address concerns. There is a huge difference between being IMPATIENT and TRYING TO LEARN THE TRUTH. If an investor chooses to simply stick his head in a sand pile after making a $ 200,000 investment and count on the company he invested in to keep him fully informed....well he'll need a lot of horse shoes stuck up in a certain part of his/her anatomy to be successful. Now, regarding our CEO's latest "MESSAGE OF FRUSTRATION". This high and mighty "we don't compare ourselves to ..." other intraosseous devices that have been around since Adam was a boy stuff might work for you but it just highlights to me that someone is "out of touch" with reality. The FAST-1 may be the "product of choice" in Michael's mind but Michael is NOT the customer. And regardless of what may have been accomplished way back in 1993/94 it sure as heck didn't stop WR from testing FOUR devices in 1998 [ count imm !!! ] and finding those old antequated devices along with FAST-1 and BIG to be on a par with each other "FOR THE ENVIRONMENT THEY WERE BEING EVALUATED FOR" !!! If Michael knows that this statement is incorrect [ and it has been brought to his attention many times ] then Michael has had every opportunity to come on this forum and/or issue a PYNG release officialy saying that the WR tests clearly picked the FAST-1 as the adult intraosseous device of choice ....... NOTICE FOLKS .....ITS NOT HAPPENNING !!!!! The truth is that the FAST-1 should succeed and get a large share of the adult I.D. market. But I object to CEO's who trumpet their involvement in things like the Walter Reed Evaluation and then, for whatever reason seem to imply that their competition [ who are also involved in the EXACT SAME evaluation ] are inferior even after they well know that no device was selected as the "device of choice". In short, I think the product is great but I have reservations about management as regards providing shareholders with an accurate picture. Further, if Michael Jacob's intends to punish this forum by not posting then you should be smart enough to realize what an amazing character flaw that would expose. Personally, I have long since given up on PYNG anyway to keep me informed. It seemed the only way to get any kind of "real" picture of whats going on is to investigate independently of PYNG.. Also, a forum is not a love fest and nothing we comment on is going to make or break PYNG. Nor do I accept that we owe PYNG anything other then respect where respect is due. I have clearly stated that PYNG has made considerable progress since 1993 in spite of the lack of "mass production" orders. I have never questionned the work that has gone into the FAST-1 and in fact love the product. I just do not like [and am trying to encourage change] in the way PYNG has handled information to shareholders .... pure and simple. LOR

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