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

To: esxtarus who wrote (7129)	3/4/2003 6:32:17 PM
From: Edward W. Richmond	Read Replies (1) \| Respond to of 8117

Why I am Voting Against the Escrow Shares (part 2) Hi, all. I just got home from cataloguing medical emergency supplies and equipment destined for Russia. Question: Why not support the escrow shares, if they help dilute the CEO’s control? I have pondered this argument a great deal. Yes, dilution of control by one shareholder is important, even though the voting control would continue. However, the voting control would continue and the cost to individual shareholders for this dilution of control would be the increase from 8,469,083 shares outstanding to 12,219,083 shares outstanding, an increase of 3,750,000 shares or 44%. If the voting control issue had been resolved, although I think the escrow shares are somewhat excessive, I would have supported the extension. I understand that the loss of the escrow shares would decrease the number of stock options available to the company. This is an important issue that I will examine later. Regards, Ed

To: esxtarus who wrote (7129)	3/5/2003 8:58:06 AM
From: Jack Rayfield	Respond to of 8117

There will be no good news released until after it is too late to vote on the proxy. If good news were released it would cause more people to check in on the forums there by hurting Mike's escrow amendment chances because no informed investor would vote for extention. It is in Mike's best interest for there to be no good news released until after March 12 or 13 so it will be too late for shareholders to vote on the internet at: proxyvote.com for US shareholders proxyvotecanada.com for Canadian shareholders It is almost too late now for shareholders to send in their vote to be received 48 hours prior to the meeting. It is not a trivial issue this vote will determine the control of Pyng and the worth of your investment in Pyng forever. Vote Against the Escrow Share amendment, mark out Micheal Jacobs for director. Please register your shares by emailing me at pyngmed@aol.com (if you have trouble registering on the website email me your name, address, phone and # of shares) or via website at hometown.aol.com to have a voice at Pyng Technologies. We can be a powerful voice if we speak as one. Vote online at : proxyvote.com for US shareholders proxyvotecanada.com for Canadian shareholders