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

To: AriKirA who wrote (4203)	7/20/1999 8:58:00 AM
From: Grant MacMillan	Respond to of 8117

I appreciate Ed trying to turn the tempo of this thread around, but everyone should realize (as I'm sure most of us do) that we have been given as much information from PYNG as we are going to get. Period. I think I'll take a lesson from The Chief, until there is something positive to talk about, I'll spend my time elsewhere. Good Luck all, I hope it won't be another 18 months before there is something to cheer about. GM

To: AriKirA who wrote (4203)	7/20/1999 12:57:00 PM
From: Edward W. Richmond	Read Replies (1) \| Respond to of 8117

Ari, I certainly do agree that missed targets do create problems with confidence. Just look at Greenstone Resources, Thermal Control Technologies and several other companies that I still hold. I suspect that a director representing minority shareholders would probably provide some investor confidence, in that the perception that decisions might be railroaded through would be alleviated. However, the new director would still be held to confidentiality, insider considerations etc. If such a decision were made, the new director would have to get up to speed FAST as he/she could NOT be permitted to slow down the march to production. It must be the clean Montreal air that produces such creativity:-):-) Best regards, Ed

To: AriKirA who wrote (4203)	7/25/1999 10:20:00 PM
From: Jack Rayfield	Respond to of 8117

Ari I am glad to see that you guys have kept the thread humming. I just got back from the annual family Myrtle Beach SC beach trip. I will spare you the bloody details of the total pummeling I endured from family members who followed my advice and invested in Pyng. But I will have to say they did give me some credit for my recent admission to "small hardcore of (negative) posters". I think that your idea of having an independent board member to represent the shareholders on the BoD would be tremendously valuable. I think that Ed Richmond would be a great choice but I am sure there are other large shareholders that would be interested. Maybe we should start a draft/write in Ed campaign on the proxy statement for the Sept 99 annual meeting. This effort would obviously fail if Mr. Jacobs decided to kill it but it would at least demonstrate the number of shares that the "hardcore minority" controls. I am sorry that the thread did not pick up on this idea. I think it has incredible merit. As the purpose of the BoD is serve in an advisory capacity to management and Pyng could sure use some advise in fulfilling their fiduciary duty to shareholders.