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


To: Edward W. Richmond who wrote (3791)5/20/1999 4:58:00 PM
From: GWD  Respond to of 8117
 
Hi Edward
First of all I like to thank you on all the effort you have made to keep us informed on the current progress by Pyng.
It seems to me the near term outlook can go in two directions.
Either there is a announcement of a military,or civilian order before mass production,or there is no announcement about any orders before mass production begins,and the product is sold on demand.
Probably the best scenario for the near term shareprice would a announcement regarding orders,especially military.
However failing that,share price will stagnate for the near term maybe a short rally when mass production actually begins,a run up when orders are received on demand,depending ofcourse on the size of the orders.
Still have faith in FAST1 but it will clearly take a lot longer than most of us old timers thought it would.
Regards GWD



To: Edward W. Richmond who wrote (3791)5/20/1999 8:10:00 PM
From: Edward W. Richmond  Read Replies (1) | Respond to of 8117
 
Tour of Pyng's Operation - Rural Metro and Laidlaw's AMR
Rural Metro, consistent with the news release of 98-06-09, is a strong supporter of FAST1. They do promote the use of FAST1 throughout their 350 sites. There is communication within the corporation about the effectiveness of the FAST1 system. However, do remember that the number of units available to them is very limited.
Rural Metro has expressed an interest in assuming responsibility the training of all their emergency medical personnel in the use of the FAST1 and, if an agreement can be reached, the training of personnel from other emergency medical enterprises
Laidlaw's AMR did no testing of the FAST1 and there is not enough product to supply them. Also, there is no need for further testing at this time. Pyng staff has met with AMR and AMR has all the material on FAST1.
More later…
Regards, Ed