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


To: grounded who wrote (7749)8/23/2005 3:10:38 PM
From: Jack Rayfield  Read Replies (1) | Respond to of 8117
 
I guess we can just wait 6 months until the middle of February 2006 for FY05 Q4 and total year numbers to be reported and if sales increased dramatically we will not care if it were related to the military or not. If sales do not increase we will know that the expanding use in the military did not come to pass.

It is funny how those that were quick to question the LOR Report are too lazy to make the simple call to Mike but are so quick to gripe and moan about the negativity of those that have tried to provide factual information to the forum. I would have to say that not providing the whole picture is doubting the report as the report provider clearly intends to provide complete information to US customers about DoD purchases.

Frankly I would be ecstatic for the LOR Report that I believe presents the complete cold unvarnished record of sales to the US military for the last 3+ years is garbage and misses thousands of FAST1 unit sales. The decline in year to year sales surprises even me and can not be reconciled with the PRs coming from Pyng this year. But I guess we will just have to wait and see.

Regards
Jack



To: grounded who wrote (7749)8/23/2005 5:07:58 PM
From: naturalperson  Read Replies (1) | Respond to of 8117
 
Grounded, I tried to post in the beginning all the reasons why this report is not accurate and does not give the full picture, now I have confirmed that it is not accurate and even my common sense told me that with Fast1 sales increasing the way they have increased that the report could not be accurate. I spent years as a national sales manager for a manufacturer and that experience told me that without knowing the channels of distribution there is no way we can conclude that that report is accurate. I have verified with Pyng management that the report is not correct for the same reasons that I posted days ago, but let the negative believe what they want to. There are third party distributors now selling to the US Military and they have different NSN numbers than the direct house sales from Pyng, and that report is not accurate because it does not include those sales, the report is not even accurate in the least because like I said earlier the Fast1's sell in box quantities of 10 to the US Military. Dont fall for the negatives, they are way too jaded and will believe they know best until the end of time.