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

To: HotShot1 who wrote (4243)	7/30/1999 3:07:00 PM
From: Jack Rayfield	Read Replies (2) \| Respond to of 8117

HotShot1 I appreciate you responding so quickly. I can understand why you would ignore the military as it has been along time since the WR testing was done and several months since the "appropriate option" PR was released. But as I have said I have talked to the military and I am confident that the FAST 1 will be used in some capacity by both the Special Forces and the regular Army. My 10,000 projection is really conservative in my estimation and they will not have to get state protocol approval. I think that the military has not submitted an order, because as Pyng has already said they have no inventory to fill an order and are not currently producing any FAST 1s or taking orders. Plus the military moves pretty slow in procurement activities. But I think that the "appropriate option" statement in their WR report is prima facia evidence of their general interest and the product acceptability. As far as your civilian market projections you are even more optimistic than I am on the uses per site. We only differ on the number of sites in each market. You are mistaken in stating that they have not had contact with 100 sites. They have had contact with several hundred if not a thousand sites. Granted most of contact has been just the typical request for information/materials at the medical conferences but Pyng has the names and addresses of these contacts and the chosen distributors will have regular customer that Pyng has not already had contact with. I am optimistic that they will be able to turn at least 100-150 of these contacts into customers over the next year and the exposure they get from these sites will in turn produce more sites. If there is 76,000 ambulances in the US and they are able to sign up even 1% (760) of this total and each ambulance uses 10 units per year that would produce sales of 7600 units annually. So I think my projections are reasonable. I could be way off in these projections only time will tell. I am glad that we at least agree that there is a certain level of uses that can be expected from those units that are interested in the product.