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

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To: lazarre who wrote (1870)7/20/1998 2:05:00 AM
From: Loren S.  Read Replies (2) of 3129
 
I must admit that I am more wary about this stock now than I was before the news of the dividend. Having just gotten burned on PKGP, following announcement of dividend and subsequent huge reverse split, I wonder why Genesis needs to reward investors with a dividend such as this at the same time that the Pres is using his own shares as capital to make acquisitions. I hope the old saying: "If it sounds too good to be true" doesn't apply here. BTW when are we going to see the next financials?
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