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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Edward W. Richmond who wrote (4202)	7/20/1999 8:41:00 AM
From: AriKirA	Read Replies (3) \| Respond to of 8117

Ed, How about if we changed the proposition to the following: Instead of a resignation, we would ask for someone like Jack or such as yourself to be appointed a director thus allowing the minority shareholders to be represented on the BoD. That seems fair to me, doesn't it? Said proposition could be obtained either by negotiations such as the ones we are having right now or by judicial intervention. Which one would you prefer? The latter might be the only way to regain shareholder confidence besides the resignation of one or some of the directors. Just trying to find a way we could help boost the confidence issue Ed. Looking forward to any replies! Kind regards AK

To: Edward W. Richmond who wrote (4202)	7/20/1999 11:20:00 AM
From: LOR	Read Replies (1) \| Respond to of 8117

If PYNG is close to REAL SALES they should be Acting Like It! Ed, The "hunker down and hide" from the storm approach might be acceptable to some but I think it would be far more honest and respectable for PYNG management to simply work to IMPROVE their forecasting ability rather then to just leave investors in limbo because someone's ego is to big to swallow a few critiques or due to a fear that they might make another blunder. Lets face it, by now PYNG should have an excellent idea of min./max./ sales levels for the NEXT fiscal year ending Sept. 30, 1999, Rather then putting out a slyly worded PR like the one trumpeting "comercial sales" in 1998 they could easily put out a PR pointing out the factors that could drive sales towards the plus side as well as those factors that could negatively impact and drive sales towards the "min" level. Heck, we do that all the time in our company. Actually, forecasting should already be much easier then a mere 12 months ago. After all, the design is now "finalized" isn't it? And, isn't Herr Jacob's always saying that there really isn't any meaningful competition for the FAST-1? If that is true then he should have nothing to fear in openly divulging sales projections for the period October 1,1999 to September 30,2000. LOR P.S. I admit that I am a "closet optimist" when it comes to the FAST-1 which I still believe "WILL" BECOME a terrific product<<< SOMEDAY >>>. I just hope it happens before my generation is dead and buried.