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

To: Mac who wrote (2456)	6/12/1998 7:41:00 AM
From: Pierre J. LeBel	Read Replies (2) \| Respond to of 8117

"Who would finance them?..." Remember what they did last December? Mr Jacobs and other members of the management team bought shares through a private placement where other minority shareholders were not invited: Message 3036509 And that financing was done at 20% below a depressed price and free warrants were attached! So, if history is to repeat itself, they will bring PYT down to $ 1.00, issue themselves lots of cheap shares, and promote it all over again! Have a very nice day. Pierre

To: Mac who wrote (2456)	6/12/1998 8:38:00 AM
From: the Chief	Read Replies (1) \| Respond to of 8117

Hi Mac. Ya see Mac, I don't see it that way (surprise)! Pyng is producing the FAST1 now, so; 1) they obviously know how to make it; and 2) they obviously can make it in "sanitized conditions",and 3) they obviously have the machines to prefab the unit,so 4) they know what equipment to buy, and 5) feel they could produce it without cutting in another group. Could they get the money? Well if they were loking for say $20,000,000 if they issued 5,000,000 shares at $4.00 that would still only give this company about 13,000,000 shares outstanding If they went to a bank with a business plan and orders to cover the loan, would a bank lend them the money, on a patent that is covered for more than a decade? I would say yes, but I'm bullish, so I'd say you would say no, cuz yur bearish,ya!! It will happen, when I'm not sure, but it will happen! Patience!! the Chief