JFP>> News on GMAI. I knew they were sitting on gmai. Now we know why! I'm glad I have a pile of it CHEAP!! Not a Bowser, but should be, is USPN. Just look at the chart. After talking with the cfo last week, I know why it was sat on. U.S Pawn should fly with the tiny float.
I have others that are being sat on, e-mail if you want them.
>>Tuesday August 12 1:47 PM EDT
Company Press Release
Source: Greg Manning Auctions, Inc.
Greg Manning Auctions Announces Afinsa Investment
WEST CALDWELL, N.J., Aug. 12 /PRNewswire/ -- Greg Manning Auctions, Inc.
(Nasdaq:GMAI) announced today that Afinsa Bienes Tangibles S.A. (Afinsa) of Madrid, Spain
has filed a report pursuant to Section 13 (d) of the Securities Exchange Act of 1934 in respect to
Afinsa's purchase of 6.6% of the outstanding shares of GMAI. Afinsa's stated purpose for the
purchase of GMAI shares is solely for investment reasons.
Greg Manning, chairman and chief executive officer of GMAI, stated, ``Afinsa has been a valued
client of GMAI for a number of years, and currently, Afinsa is thought to be the largest primarily
philatelic company in the world. We appreciate the confidence that they have shown through their
investment in GMAI.''
Greg Manning Auctions, Inc. is one of the largest specialty stamp auction houses in the world. In
addition to stamps, GMAI auctions autographs, sports cards and sports memorabilia. |
