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

To: Pierre J. LeBel who wrote (2174)	5/10/1998 8:53:00 PM
From: Veritas	Read Replies (1) \| Respond to of 8117

APPROX 33,000 SHARES sold by Mr. Jacobs. But this is VERY little compared to what he owns. Such selling means nothing. He probably needed some loot! More important would be to see several insiders selling more than 50% of what they own. Relax, everyone. This stock will be volatile, but if and when it hits....

To: Pierre J. LeBel who wrote (2174)	5/11/1998 11:46:00 AM
From: the Chief	Read Replies (2) \| Respond to of 8117

Hi Pierre. Once again your feeble attempt at creating panic has failed! If you understood what an insider report, actually reports, you would be embarrasssed. What you fail to understand is that insiders sell shares at opportune or sometime "inopportune" times because its their "paycheck"!!!! Unlike yourself CEO's only get paid when they sell stock. I suppose you advocate the starvation of "principals" and their families for purpose of "public perception"!!! Your purpose is becoming more and more transparent as time progresses. Maybe you should start TA analysis as previously stated in the pending doom scenario, by another basher/shorter. the Chief

To: Pierre J. LeBel who wrote (2174)	5/11/1998 10:11:00 PM
From: sPD	Respond to of 8117

Perspective on Mr. Jacob's sales Pierre, I took your advice and re-checked Pyng's annual report. I note that Mr. Jacob's annual compensation for 1995 was "Nil", for 1996 it was "Nil", and for 1997 it was "Nil". His only compensation for building this company is the 3.55M shares in escrow, which he cannot use until Pyng is in a positive cash flow situation as a result of operations. He can, however, make some money buying and selling shares in the open market. Hope this adds to the picture.