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

To: Jack Rayfield who wrote (7623)	8/14/2005 10:41:16 PM
From: Edward W. Richmond	Read Replies (1) \| Respond to of 8117

Pictouislander, Naturalperson and Lemuel, How many times can investors get burned before they eventually realize that the stove is hot and they begin to exercise great caution? You are seeing great caution. However, your suggestions about looking forward have some merit. So here is your challenge. If Pyng is getting its act together and it is to continue, the selection of the next CEO is critical to continued that success. Challenge - Will Pyng (really Mike, IMO) choose a totally independent CEO??????? That is, one that is NOT an extension of Mike. If the new CEO is a past director or member of management, other that possibly Judy Findlay, I would see big problems. I recall one past director (a FOM) who exercised options and sold them into strength to the point that his holdings were consistently modest. The future success, in my opinion, is more related to the selection of the new CEO than any other single factor. Don't give me excuses like, "He knows the business." or "He has proven himself with the company." ............ No matter how the selection of a FOM is rationalized, in my view, it would spell potential disaster. Let's see who is selected. I have my bets in place. Anybody else willing to suggest that the new CEO won't be an 'inside' job? Well, Pictouislander, Naturalperson and Lemuel, your thoughts please. Just my opinion. I would love to hear from others and then have us all accountable when the decision is made. I don't think that critical comments on this board have any significant lasting effect on the stock. Fundamentals ultimately rule. Best regards, Ed