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

To: Edward W. Richmond who wrote (3796)	5/20/1999 9:09:00 PM
From: Edward W. Richmond	Respond to of 8117

Tour of Pyng's Operation - Market Size This question arose several times. The market appears to be huge. In 1994 Pyng commissioned Ference and Wieker of Vancouver to determine the market size. The research was conducted using published data in a variety of sources. They found that in 1994 there were 4.8 million IV's started by paramedics in the USA and Canada. The number has continued to rise since 1994. Currently we have 2 million failures on the first attempt to establish an emergency medical IV. Of course, second, third… attempts are often successful. There are annually 500,000 complete failures where no attempt was successful. On a personal note, my aunt, during a recent emergency admission to a hospital here in B.C., had a successful IV established on the third attempt. That was in an emergency room setting. I don't think market size is in any way an inhibiting factor in the success of FAST1. More later… Regards, Ed

To: Edward W. Richmond who wrote (3796)	5/20/1999 10:46:00 PM
From: Edward W. Richmond	Read Replies (3) \| Respond to of 8117

Tour of Pyng's Operation - Press Releases and Public Relations Press releases seem to come out consistently on Fridays. I learned that this is by design. Apparently the news release must have four hours of exposure while the market is open. If a release is made at noon Pacific Time, the VSE is only open for a further 90 minutes. Therefore, the release is carried forward to Monday for another 150 minutes. This keeps the information released in front of the investing public later on the Friday, Saturday, Sunday and Monday morning. This provides maximum exposure for good news. This perception seems to be contrary to conventional wisdom, but there is some clear logic behind it. For me, the jury is still out, although it does seem somewhat clever. I have a major concern about Investor Relations function within the company. Having toured the operation, I think it would be insane for any of the present staff to fill that role. They are full speed ahead getting the product finalized, produced and to market. I had expected some reasonably aggressive IR action from Gerry Lenowski. This company has, in my opinion, a great deal to share with the investing public. I don't know what others expected from Gerry, but so far I am a litttle puzzled. Other than meeting him at the Vancouver Technology Investment Forum, I have not heard anything from or about him except questions about what he is currently doing. What knowledge or experience do other posters have that might enlighten us as to how he is assisting the company with IR? More later… Regards, Ed

To: Edward W. Richmond who wrote (3796)	5/21/1999 12:08:00 AM
From: Jack Rayfield	Read Replies (1) \| Respond to of 8117

Distribution agreements for other regions are in negotiation. Any information on what region/countries? The fact that ISO 9001 certification is necessary in some areas seems to provide a pretty strong case for out sourcing production to me. I think that obtaining the certification would be very costly and time consuming for a company that is not already involved in mass production not to mention the "clean room" FDA requirement on medical device manufacturing. Any information or opinion on whether outsourcing is still under consideration?