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


To: Jack Rayfield who wrote (7449)7/25/2005 12:08:53 PM
From: grounded  Read Replies (2) | Respond to of 8117
 
THIS IS EXCELLENT NEWS!!!!!!

MJ must be given credit for bringing Pyng to where it is today. I know they are differing opinions on this but most company's would have been highly diluted and loaded with debt. MJ was able to grow the company to the point where we are today.

This is great...GREAT...news. For myself the most positive news release this year. The failure of many companies occurs when the founding member maintains too much power and does not delegate. Many company's have faltered for just this reason. There is a huge difference in the talents / skill set required to develop the product and bring it to market and what is required when "fun stuff" is over and the tedious work growing the company begins. MJ recognizes that PYNG has entered a new stage and requires a new CEO, specifically selected, to make this happen!

This new release will be looked at very favourably by the investment community.

ALso, the news release makes it very clear when it states that PYNG has "achieved profitability" on this question that was recently raised.

I will be on the buy side today



To: Jack Rayfield who wrote (7449)7/25/2005 8:32:32 PM
From: Edward W. Richmond  Read Replies (2) | Respond to of 8117
 
Hello, Jack.
I believe this is very good news. I won't review past issues as it appears to be time to look forward. I may even begin to attend the AGM again.
I have one gut-wrenching fear. Mike, with all his shares and influence, will see that one of the FOM (friends of Mike) is appointed to the position of CEO. Let's see if someone who currently is receiving or in the past has received stock options is appointed to the CEO position. If so, I think we have a major problem. The one exception I would make to this is Judy Findlay who, in my opinion, served the company very well and who provided the moral compass that was so badly needed.
Best regards to all.
Ed