Genesis Media Group, Inc (GNNX) Message Board

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

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To: LT who wrote (2235)	9/15/1998 2:01:00 PM
From: Shawn Springer	Read Replies (1) of 3129

It is beginning to look like this company is one big scam. Look at the number of shares outstanding between Q1 and Q2 - no wonder the stock is tanking!. I also seem to recall that the contract receiveable used to be listed at $1,000,000 per month for the first 6 months, now it is listed at $100,000 per month - and it is not being paid! I wonder if there is potential legal recourse here for those of us that bought when the telcom 'contracts' were announced. From the financials, it does not appear that they have the ability to service those contracts even if they do exist.

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