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


To: Edward W. Richmond who wrote (7132)3/5/2003 9:03:01 AM
From: mf160  Read Replies (1) | Respond to of 8117
 
Ed I believe that everyone is missing a very important fact about the escrow shares. The only way that David and Judy get them is Mike give the shares to them. First off, he does not have the right, that is our choice. Keeping that in mind what stipulation (including silience) has been attached to this distribution, we do not know. Secondly what happens to the escrow shares if David AND/or Judy leave or are ASKED to leave do they go back to Mikey. We have seen enough of Mikeys statements to expect anything. So the only way not to get stung again is DO NOT give him control. Also as Old Argus pointed out these shares were to pay for the plastic company that never made money, never contributed to the Fast-1 and is now gone. Lastly this does not remove the escrow shares from Susan Wrinkler who is of absolutely no benefit to PYNG hasn't been for a long time if ever.
I say VOTE AGAINST THE ESCROW
and then
REVOTE ON A NEW DEAL
nothing for Mikey
nothing for Susan
and Judy and David get some with a degenerative performance clause attached ie. for every year wait reduces 10 percent.