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


To: esxtarus who wrote (8081)9/10/2007 2:12:03 PM
From: Jack Rayfield  Read Replies (1) | Respond to of 8117
 
Esxtarus

I am still around and check the forum once in awhile. I started to get interested when the sales seemed to pick up over last 2 quarters but I looked at the SEDAR Income statatement report for the quarter ended June 30th and filed Pyng away again as there can not be any positive movement in the stock when the quarterly Return on Sales of 3% compared to 23% last June for he quarter. I do not understand why the Operating expenses were 200% higher on 150% Revenue increase. This demonstrates very poor management from the new CEO David Christie. Why would he allow the expense to grow at that rate. I think Pyng still has a long way to go before the share price moves significantly sustainable profitability ( not the $48K of Q3) will have to be demonstrated.

Thanks
Jack Rayfield



To: esxtarus who wrote (8081)9/12/2007 1:28:38 PM
From: LOR  Respond to of 8117
 
This just in.......

Pyng Medical Corp. has appointed David B. Bonar to the position of vice-president, sales and marketing effective immediately.

While PYNG fails to provide Mr. Bonar's resume, a quick internet search comes up with The Whitley County
Historical Society of Indiana who recorded the marriage of a certain "David B. Bonar to Mattie McHenry (bride) married April 3, 1878 by A. J. Douglas, Minister."

historical.whitleynet.org

This would suggest that Mr. Bonar has been around EVEN LONGER than PYNG's Flounder & Chief and/or that PYNG may grace us over the next few days, weeks, months or years with a more believable description of Mr. Bonar and his past accomplishments. I for one can barely wait......Y-A-W-N!

P.S. to Jack Rayfield - Jack, glad to see your recent post and I hope all is well with you. Your assessment is sobbering. What with all the hype PYNG has been generating recently
while the share price remains in toilet we may still be saying "the best is yet to come" for a long time.