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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)
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To: LT who wrote (1144)5/20/1998 3:06:00 PM
From: Phil Cressman  Read Replies (1) of 3129
 
Cash on hand is not relatively important when you consider cash flow and profit of $ .50 per share over 1997 fiscal year. This company has been spending it's income to generate sales and converting inventory into cash flow.

With the contracts announced to date we should easily pass $l.00 per share in retained earnings during this fiscal year and share prices should go over $5.00 within one month based on the audited financials!

I am going to try to free up some cash before closing and average down a little!
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