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


To: Edward W. Richmond who wrote (6960)2/17/2003 12:38:54 AM
From: Jack Rayfield  Read Replies (1) | Respond to of 8117
 
Ed

I certainly want to know if formal amendment documentation exists, but formal documentation will not stop the calls to the BCSC. If Mike has documentation then the question becomes why did he mislead us in the annual reports. He of course does not have the documentation and is relying on the shareholders accepting his after January 27,2003 interpretation of the facts not the interpretation he used in the last two annual reports.

One more thing please find out what Pyng is doing to get a handle on the US Army orders. Nothing has been published in a PR on this subject and the lack of news works in Mike's favor on the Escrow issue. If the future orders were significant and it was released the stock would appreciate drawing attention to the the stock and the discussion forums which would be bad for Mike as his only hope is that most shareholders just throw the proxy materials away without reading. I am sure this is a calculated strategy by Pyng as evidenced by the fact that Pyng did not choose to have the vote last year after we had rallied the troops and the most fair result would have been achieved. Pyng choose to wait and let the shareholder database get stale so we would have a harder time communicating with the shareholder base.

No shareholder in his right mind would vote for this give away. I have not had one shareholder email me saying they would vote to approve and so far no one has come on this forum to state they would approve. So the evidence is clear that any promotion of Pyng that draws the shareholders to seek out current information a would result in a fair vote works against Mike and he is clever enough to know this. I hope that Mike is not saving the significant US Army news until after the vote as the BCSC would not like it.

Regards
Jack



To: Edward W. Richmond who wrote (6960)2/17/2003 12:23:20 PM
From: Stang  Read Replies (1) | Respond to of 8117
 
Ed:

We are performing due diligence on Item 6:

6. Proposed Amalgamation between Pyng Technologies and Pyng
Medical Corp.

The Information Circular states:

--------------------
PART 4

SHARE CAPITAL

Authorized Capital

4.1 The authorized capital of Amalco will consist of 100,000,000 Common shares
without par value and 10,000,000 Class A Preferred shares without par value.

Page 16

sedar.com

-------------
Detail information on the Class A Preferred shares would be appreciated.

Thanks

Stang