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


To: Jack Rayfield who wrote (7603)8/13/2005 6:26:59 PM
From: mf160  Respond to of 8117
 
Well said Jack
I have long been a supporter of a Mikeyless PYT. I do not put down the product or the people just the puppet master. The new comers will learn unfortunately for most the hard way. Remember when he gave part of his escrow to jack and jill (can't remember their names) and I posted he would probably can them which he did shortly after. Mikey is very predictable and as I have said the March PR was not a coincidence (warrants were expiring) and I believe this PR started earlier so expiration will come after all options are flipped. Just my concern. If the price dropped below 37 cents until Dec I would feel fantastic knowing some of those 800k in options died on the table because a FAST1 could not be pulled on the retail investor. After Nov let it run to 20 bucks.



To: Jack Rayfield who wrote (7603)8/13/2005 6:52:15 PM
From: kimball93  Read Replies (1) | Respond to of 8117
 
Yep the big question Mike needs to answer is how is it possible that they earned 137k in april and broke even the rest of the quarter.

I refuse to believe consulting fees were backloaded to the last month. Royalties may have been expensed at the end of the quarter but backloading like that is to say the least deceptive.

He also needs to explain the salary expense increase. It doesn't seem possible that these expenses were incurred in april which leaves the question of who did he hire? why did he hire them? How will those hires enrich the shareholders?

If the nearly 70% increase in salary turns out to be increased salary for existing employees I will unload every single share.

Other than that nice quarter unfortunately it should have been at least 3 cents