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


To: Stang who wrote (6863)1/9/2003 10:16:51 AM
From: LOR  Read Replies (1) | Respond to of 8117
 
Government Funding NOT Available for Lowly PYNG????

Who woulda thunk??????

That a self professed bright little outfit like PYNG, with its MANY "medical connections" in the "semi-socialist" Canadian "government run" health care system would have so much trouble that they have to float another "private placement" after watching loyal stockholders see their investment from the last private placement evaporate before their eyes?

With Ottawa and British Columbia squandering millions on other things one would think that M.Jacobs & Co. would have been beating a path to the "easy money" for corporate development a long time ago.If he hasn't tried one can only wonder "why not"? I don't think he has been shy to milk private investors so why not provincial and federal governments?
....OR, does he know better then to waste his time? PERHAPS he's already tried only to discover that he doesn't "have what it takes" to do what so many other companies have done before....... i.e. sink PYNG's teeth effectively into the "public purse".

LOR

P.S.- Oh yes, I do seem to recall that PYNG obtained a minor grant from BC I believe......... I can't believe that THATS ALL!!! a company with a bona fide product could qualify for!....Of course, if there are technical product problems with the FAST-1 that we are NOT aware of that might help explain things!