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


To: esxtarus who wrote (7436)7/24/2005 6:39:22 AM
From: naturalperson  Respond to of 8117
 
Many reason, he may not be in such a rush like we are. He is still earning a nice salary, benefits and expenses we are not. He is playing for the long term and will reap huge rewards and retire nice in about 5 to 10 years if things keep moving the way they are and he does not need to get the escrowed shares out if he sales the company in the future, as a majority shareholder he can negotiate a nice goodwill package for himself and severance. He still holds a position of tradeable shares as well. There are many ways to skin a cat as they say and this is no different in any company, the people on the inside have an advantage. The main thing is that as we move forward shareholders become more active in the company and make sure we get rewarded too and start to raise our voice about how things are accounted for and who gets what, this means we must demand to have more information and transparency. Most large companies have very active shareholders, just take a look at Disney as a great example of shareholders against management, they fight out everything in that company, as PYNG makes money there is the need to make sure we get an even reward, just because this is a small company does not mean we should blow-off our involvement in it nor should we be blown-off by the management. Its all business.