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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)

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To: Charger who wrote (677)5/5/1998 1:43:00 PM
From: DavidCG  Read Replies (1) of 3129
 
Well, here's the scoop.

I called the transfer agent for GNNX.

There are still the same number of shares outstanding.

21,743,857 as of today.

So nothing new there (when I see the price fall for no apparent reason, I automatically assume dilution...this isnt the case today)

The only thing new I see is that Jay Goldberg no longer works for GNNX in publicity. Its all Lou Vector and Tony Nichols of DutchAssociates.

Since nothing fundamentally has changed in the company, and they are going to prove within 10 days who the contracts are with. I see only buying oppurtunity down in this area.

I've been averaging down more and more.

Good Trading!

-DavidCG
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