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Microcap & Penny Stocks : MGNI... SNORenz @ 22 cents
MGNI 14.46-2.3%1:13 PM EST

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To: Arizona997 who started this subject11/22/2001 8:39:46 PM
From: jmhollen   of 6
 
Alerts also included Med Gen, Inc. (OTCBB: MGNI chart, msgs), trading over 414,000 shares following this morning's announcement that after several months of negotiations Mr. Paul B. Kravitz, Chairman/CEO, has secured a $1 million line of credit facility backed up by the company's account receivables. He went on to say that the line of credit will enable the company to grow substantially faster. The receivables, most of which are made up of Fortune 100 companies, currently total $944,000.

Here's a snippet from a BobZ Burp-n-Belch post : "...MGNI is selling to more Walmarts, introducing more products (Painenz will be a huge hit)! Do the math, but MGNI will do at least 30 cents in EPS this year, and see $3 this time next year!.....

Looks like a DD Homework challenge for this weekend.

John :-)

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