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

To: Jack Rayfield who wrote (7334)	2/7/2005 11:59:08 AM
From: LOR	Read Replies (2) \| Respond to of 8117

Has PYNG finally Arrived??? Feb. 7, 2005 Jack, nice to see you posting again! If we can believe PYNG’s great FLOUNDER & Chief, PYNG may indeed be finally “coming along” and may start to reward shareholders who, like me, have been wallpapering their closets with cheap share certificates for what feels like decades. Most of the PYNG diehards have been reluctant to ditch the company solely because of the PRODUCT which has evolved and received mixed but overall positive reviews over the years. Although past weaknesses in the design have been mentioned by some user/evaluators, those same people have always acknowledged their interest and respect for the product as it evolved. Of course, many of us have come to understand that we must not take the fantasies of certain “pie in the sky” PYNG management types too seriously. Swallowing past B.S. about “domestic market” size being US $250,000,000 per year was no doubt hazardous to some investor’s health in view of the vast quantities of “salt” required to digest such tripe. At US$100 a pop for a FAST-1 PYNG would have to produce some 2.5 million units per year or 208,000 units a month which is of course a far cry from their actual current production. Based on roughly $400,000 sales per quarter, it would appear that PYNG may be producing say a mere 1,500 units per month. I have yet to see any statements from the company detailing how they are planning to be able to handle even 20,000 units per month, much less 200,000+ units per month. Is PYNG management learning Chinese in order to send more jobs offshore and reduce costs? Is there room in PYNG’s current British Columbia facility to handle a dramatic increase in production of “high quality” FAST-1 devices? Is there a respectable buyer of PYNG on the horizon and if so who and what will be the impact on the current shareholders? Lots of questions….but few answers. However, the very fact that the company is still trading after all these years AND that our F.&C. has stuck to his guns and managed to keep the ship afloat regardless of the negative press he has received counts for some sort of testament to both PYNG and his durability. I confess that I “love” the product and if we could have more independent input which would give us realistic estimates of market size as well as a fair and unbiased review of how PYNG’s competitors are doing relative to PYNG I might even buy some more wall paper. …. For those who do not have the time, I THINK the following is a relatively accurate record of the company’s annual share price highs going back to it’s infancy. One thing I noticed was that the annual high did not necessarily occur in the time frame of the AGM. Prices shown are Canadian $ 88/05/24 - $2.35 89/09/15 - $0.70 90/03/05 - $0.60 91/06/24 - $0.55 92/09/18 - $0.60 93/05/19 - $2.20 94/02/15 - $1.05 95/07/12 - $1.60 96/05/15 - $5.00 97/05/02 - $4.00 98/03/17 - $6.70 99/11/23 - $3.10 00/02/28 - $4.60 01/01/11 - $1.95 02/03/06 - $0.61 03/02/04 - $0.77 04/01/09 - $0.40 05/02/03 - $0.55 LOR

To: Jack Rayfield who wrote (7334)	7/29/2005 9:22:03 PM
From: lemuel	Respond to of 8117

- NEWS - Pyng's management systems recertified after audit 2005-07-29 19:59 ET - News Release Mr. Michael Jacobs reports PYNG MEDICAL CORP RECERTIFIES ITS WORLD CLASS QUALITY MANAGEMENT SYSTEMS Pyng Medical Corp. has recertified its world-class quality management systems. A recent surveillance audit by S.G.S International, Pyng Medical-accredited third party registrar and notified body, was performed to ISO 9001:2000, ISO 13485:2003, Canadian medical device regulations and Medical Directive 93/42/EEC Annex II (excluding Section 4) for CE Marking. The company is already in full compliance to FDA's quality system requirements. The registration audit and the surveillance audit in both instances had no major non-conformances and also no minor non-conformances. This accomplishment is very significant in that Pyng Medical has now accomplished back-to-back audits with no non-conformances. This is testament to Pyng Medical adherence to producing high-quality product to all international standards under Pyng Medical quality-control management. Pyng Medical has had significant changes, including organizational restructuring, incredible growth, increased production and supplier changes, all of which tested the robustness of Pyng's quality systems. The S.G.S. International audit confirms the standards by which Pyng Medical is delivering its products. The company also recognizes the importance of its quality system, in-house production capacity, such as its class 10,000 clean room and engineering capabilities, as all being key and integral components of its strategic plan to broaden its product line. We seek Safe Harbor.