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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)
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To: Simo.com who wrote (1909)7/21/1998 9:02:00 AM
From: T N  Read Replies (2) of 3129
 
Think about this! Mr. Logan guarenteed the last aquisition with a per share value of approx. $3.33 per share. Now imagine a reverse stock split 1 for 2 disguised as a reverse merger with an exchange rate
of 1 for 2 with TNNS the IPO?SPINOFF?SHELL?(who knows?).....Coupled with the dividend this would create the approx guarenteed value and give creadence to the current bid of TNNS of 6 also might explain why it traded at 31/32 and 1....GNNX current price. This would also give the company a more product related name plus a more suitable bid price
for NASDAQ listing. Watch for a selling or spinoff of non-core assets
no matter what happens(these would be the non-telecom assets). I'm
sure at the close of trading today more indepth info will be available.
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