Replies to post #6202 on Praxsyn Corp (PXYN)

[Mestopholis]

Well said dogdays. I recently found this board. Let me provide a little information about this company from someone who has done work for them. A few years back, after the Pet Airlines failed, they were involved with a technology company to rebrand with a Pet Social Media page and iphone/droid apps. They were cash strapped. When they did the work, they were paid in stock, approximately 9MM shares of non-dilutable shares were issued for this. I would love to see this stock run, as I hold 3MM shares myself, but I'm not holding my breath. I've watched this stock since I first held almost 4 years ago.

[hubbub510]

Speaking of useless points and distorted points of views:

1) well there is no way either of us can know right now. we will have to wait for the 10Q to come out. Discussing finances without concrete numbers is fruitless (useless point you made)

2) Comment retraction and EDITED: taken from OMID post #6309: The 60M shares were issued at a reasonable price considering the fact that the SEA for the merger was initiated in December.. and generally shares are issued based on share price at the start of a contract/deal.

The shares were actually given out for $2,300,000 making the average $0.03833333333/share

NOTE: Dan can't even sell them in numbers greater than 1% of the O/S per quarter.. and he has said that he would not sell them at the current prices since the current share price is absurdly low.


3) Once again, you are referring to Pet Airways not PraXsyn (distorted point of view)

4) well if you add the benefits to the salary then yes it was over 500K (i'll give you this)

5) Best of luck to you too, and yes open your eyes everyone. Expansion is in the works and this company is legit!!!