GNNX ANNOUNCES DIVIDEND TO SHAREHOLDERS...............................
Thursday July 16, 4:15 pm Eastern Time
Company Press Release
SOURCE: Genesis Media Group, Inc.
Genesis Media Group, Inc., Announces Dividend
CULVER CITY, Calif., July 16 /PRNewswire/ -- Genesis Media Group, Inc.,
(OTC Bulletin Board: GNNX - news), would like to announce a one time
dividend to its common stockholders.
Shareholders of record on July 21, 1998 will receive a dividend from
Genesis. The dividend to be issued to the shareholders will be in the
form of TranStar Communications, Inc. common stock.
Terms of the dividend are as follows: Shareholders of record on July 21,
1998 will receive one share of TranStar Communications, Inc. (OTC
Bulletin Board: TNNS - news) for every forty shares of Genesis owned.
Safe Harbor Act Disclaimer:
The forward-looking statements in this release involve risk and
uncertainties, including but not limited to the successful completion of
the projects. Successful completion of these projects are subject to the
number of uncertainties and unforeseen events. And there can be no
assurances of the goals of the company stated herein may be realized.
Forward-looking statements represent the company's beliefs and
expectations concerning future events. These forward-looking statements
are qualified by important factors that could materially impact the
company's business and its abilities to complete these projects.
SOURCE: Genesis Media Group, Inc. |
