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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)
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To: SuperCharged who wrote (1819)7/17/1998 12:00:00 PM
From: Tom Brown  Read Replies (1) of 3129
 
If TNNS is trading at $1.00, and GNNX shareholders get one share of TNNS for every 40 shares of GNNX, doesn't that equate to a 2 and 1/2 cent dividend? Would this concern short sellers when considering the stock is selling around $1.25? I don't think so, as it is such a small percentage of their total risk. And until someone can get a handle on the "real value" of TNNS, it could be a smaller percentage.
Still long on GNNX!!
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