Genesis Media Group, Inc (GNNX) Message Board

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

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To: SuperCharged who wrote (1530)	6/20/1998 1:39:00 PM
From: Zeev Hed	Read Replies (2) of 3129

SC, there is one thing that keeps bothering me with GNNX, they have "revalued" the library of music they have to $40 MM or so, and that is the only "valuable" asset on their book. NAZ may question if these are indeed "tangible" assets or not (for the purpose of listing). Typically an asset should return some 10 to 15% annually (conservatively) and I have no visibility how this asset will have such a return year after year.. Zeev

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