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

To: Jack Rayfield who wrote (4381)	8/18/1999 3:39:00 PM
From: Grant MacMillan	Read Replies (1) \| Respond to of 8117

I agree that the PR was mostly fluff, but it was good to see something at least. We should all look forward to receiving a confirmation shortly. Let's not lose sight of the fact that we are mostly upset that the company has elected to be closed mouthed at a time when investors have been scrambling for answers. This last release is meaningless on its own, but added to others (hopefully many), we may actually be able to figure out where this company is at. The options aside, I only want to be kept informed (of both positive and negative developments). If PYNG can do that, even if it is only partially confirmed information, the mood on this thread may turn around. GM

To: Jack Rayfield who wrote (4381)	8/18/1999 10:52:00 PM
From: m. jacobs	Read Replies (11) \| Respond to of 8117

Dear Jack, Things must be very lonely out there when you have to send a message to yourself, three times. "Segment" means a part of production, there are other issues over and above injection molding, I.E. stainless steel parts, vacuum formed parts such as the "dome' etc. No we do not anticipate assembly other than by sub-contract, and yes these are issues that we are also working on. As for options they are not set in stone, I have not authorized the solidification of price, yet,I have made a statement of my intentions, but I am interested in the comments of this thread, and treating fairly employees, directors etc. You are wrong in your analysis of who receives stock options and the amount they receive, but then again you have been wrong before, as I have.Perhaps all could define a balance between what is deemed to be right and what I deem to be appropriate, given the range of existing option $1.33 to $2.10. some near death, some out there, some to be set. Some have suggested a "rights offering" which I have not considered. I would like to hear input on that from all the "shareholders". My interest lies in being balanced with all. I am listening.Your quarterly report is out there both in Can. and US. We are in good shape. As to AriKarA nobody at BPI has a clue as to who you are which tells a great deal your interest and your shareholdings. Michael